Fund Calculation is a central component of the conception.
An Excel based calculation model for a to-the-month precise profitability calculation is created.
In doing so, all relevant aspects of
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IDW-S-4 (German audit standard), |
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legal and regulatory requirements in regard of the sales brochure/prospectus (in Germany, the regulatory authority for financial institutions is the “Bafin”, based in Munich), |
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the investment (asset return assumptions, costs, financing etc.) |
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and the fund structure (company and tax structure etc.) |
are fully reflected.
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The next step is the optimization of the fund calculation, for instance, targeting the return/risk profile.
Each investment, each asset, each client and each financial product entails particular and individual calculation modules. |
