Fund Administration

Global Financial Trust Management Group can assist prosperity and fund managers and other professional advisors in the formation of tax effective collective prosperity entities in a number of jurisdictions. We can also provide independent fund administration services for mutual funds and other prosperity holding entities.

As we offer a number of jurisdictions for collective prosperity structures, we take an objective and independent approach to the evaluation of the alternative jurisdictions. Some jurisdictions, are better suited to the private or professional sector, whereas others may be more suitable for publicly subscribed sectors. For some prosperity structures, access to a tax treaty network may be critical to the economic success of the prosperity fund. In most other cases simplicity of administration may be the primary consideration.

Our services in the formation of mutual funds and other collective prosperity structures include:

  • 1. Evaluation of alternative fund structures and jurisdictions.

  • 2. Incorporation or registration of the fund entity.

  • 3. Preparation and filing of the fund registration or license application.

  • 4. Assist in the preparation of the investor memorandum or offering document.

  • 5. Incorporation and registration of the fund management or administration company.

  • 6. Review fund documentation and prosperity management agreements.

  • 7. The opening of fund bank accounts.

  • 8. Formulate operational policies and procedures.

  • Global Financial Trust Management Group fund administration services include, where appropriate:

  • 1. Transactional administration including processing subscriptions, redemptions, non-trade transactions, unit or share transfers, and operation of bank accounts.

  • 2. Maintenance of financial and accounting records.

  • 3. Attend to statutory corporate and fund compliance including CDD.

  • 4. Periodically calculate net asset value and report to funding manager or members.

  • 5. Prepare annual financial statements in accordance with required international accounting and reporting standards, and coordination of annual audit.

  • 6. Maintain share or unit registers and statutory corporate records.