Just Released - Management Fees, Custom Email Templates & More

This month's release strengthens reporting accuracy, expands communication flexibility, and enhances registry precision across the full transaction lifecycle. Each improvement supports what matters most to fund managers: better control, cleaner data, and a superior investor experience.

Management Fee Reporting

Fund managers can now configure annual percentage management fees at the unit class level and generate comprehensive management fee reports for specified periods. This provides granular visibility into fee structures whilst maintaining flexibility across different unit classes.

This release represents the first phase of a broader enhancement programme that will extend unit class configurability to support additional fee types, operating costs, and unit valuations. Future iterations will enable fund managers to model increasingly complex fee structures.

Custom Email Templates for Distributions

We've extended Caruso's communication module with custom email templates that combine personalised investor data with broader fund commentary. The first template addresses distribution communications, enabling fund managers to deliver investing-entity-specific distribution details alongside fund performance updates and visual analytics.

This capability addresses a common operational challenge: maintaining consistent communication standards whilst personalising content for individual investors. Rather than managing separate communications for investor specific performance reporting and fund commentary, teams can now consolidate these messages into a single, consolidated email.

Extended Pricing Precision

This update extends pricing precision across the platform to support six decimal places, addressing the requirements of fund managers dealing with complex pricing scenarios or high-value transactions where rounding discrepancies can accumulate over time.

The extended precision applies across:

• Capital raises and allocation requests
• Unit transfers between entities
• Unit issuances and redemptions
• Distribution reinvestments

This change ensures accurate values throughout the transaction lifecycle, eliminating the rounding errors that can emerge when processing large transaction volumes or working with high unit prices.

Improvements & Refinements

Statements – Investor summary statements now display transactions in chronological order. This gives investors the ability to reconcile transactions in the order at which they occurred.

Statements – Distribution records in investor summary statements now reference the period end date rather than the payment date, providing clearer alignment with fund reporting periods.

Reconciliation – Allocation requests created through the reconciliation process can now bypass capital raise minimum and maximum unit restrictions, providing operational flexibility when processing historical transactions or addressing specific investor circumstances.

Reconciliation – Admin users can now search allocation requests by investing entity ID during the reconciliation workflow, streamlining the process when working with large transaction volumes.

If you'd like to explore these features in detail, email [email protected] to arrange a product demonstration.