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NAV Light – Fund accounting
The NAV Light Fund Accounting offers cost-effective and flexible solutions, particularly for start-up and small-sized funds. The NAV light service provides your business with core essential fund accounting, all at a price that works with small-business budgets. Best of all, its modular capabilities allows clients to add on appropriate additional services as their business grows.
CFS directly interfaces with prime brokers/custodians to retrieve investment data for net asset value calculation. NAV reports are typically sent within two business days after the month or quarter end.
NAV Light Fund Accounting covers:
- Capital gains/loss calculation and allocated income and expense
- Calculation of management and performance fee
- Preparation of balance sheets, statement of operations, and performance results (monthly, quarterly, or custom basis)
- Preparation and distribution of investor capital statements with meaningful information for determining estimated taxes during the year
- Assistance in the year-end audit process.
- Performance statistics
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