Subscription / Redemption Proceeds
Investor monies are received into a segregated client money account held on behalf of the fund. Once matched to received application forms all approved proceeds are moved to the Prime broker/custodian account for trading. Likewise the investor services team will organise redemption proceeds to be promptly returned to the investors bank details. Cash accounts are reconciled daily and all money movements require four eye processing by approved authorised signatories with SecureID card.