Full fund management services—from fund creation, regulatory, to fund administration
Created and operated by a syndicate of service providers who are registered financial institutions, software companies, fund accountants, and unitholder recordkeepers whose combined assets under administration of over $10 billion servicing over 1 million unitholders.
The clients we service include banks, custodians, and fund managers.
A passion for service
We are here to serve and empower you to get from ideas to institutional grade funds that are widely distributed among dealer firms.
Fund creation, structuring, launch, operations, and management
- With a registered investment fund manager, portfolio manager, and exempt market dealer firm as part of Unitize1, we can help you form fund vehicles under your own brand and label
- Designated portfolio manager team to execute your strategies
- Full regulatory compliance work and no requirement for your own registration
- Legal structures in trusts, corporate classes, limited partnerships (GP/LP)
1 The IFM, EMD, PM firm is one of the parent companies of Unitize and is registered in Ontario, Québec, British Columbia, Alberta, Manitoba, and Saskatchewan
Fund administration and fund accounting
- Maintenance of fund accounting records
- Reconciliation of trading activities
- Reconciliation with custodians
- Calculation of management fees and performance fees in accordance with fund prospectus
- Calculation of fund expenses, including administration, audit, custody, dealer commission, legal, marketing, performance, selling cost, trailer and other fees
- Processing of corporate actions – e.g. dividends and stock splits
Transfer agency and unitholder recordkeeping and services
- Maintaining unitholder records
- Trade processing
- FundSERV ESG compliant electronic trading and file generation
- FundSERV money movement for N$M
- Manual transaction processing
- Processing unitholder’s transactions (e.g. subscriptions, redemptions, transfers, dealer’s commission payments, etc.) through FundSERV
- Reconciliation with custodians
Portfolio management and regulatory compliance
- Portfolio management service
- Bare Trustee agreement with CIRO (formerly IIROC)
- Due diligence
- Trade matching and settlement
- Registering your own dealing representatives or portfolio managers (advising representatives)
- Fund exempt distribution filing
- SEDAR+ filing
- SEC filing
- Correspondence with regulators
Fund valuation, unit pricing, and distributions
- Single or multi-series NAV calculation method
- Daily, weekly and monthly net asset value calculations
- Report NAVPS to public media
- Preparation of daily, weekly, monthly, quarterly and year-end distributions
Dealer services, trust accounting, and custodial services
- Dealer back-office and Rep call center
- FundSERV Semaphore Messaging
- Electronic file review and investigation
- Dealer conversion expertise
- Maintenance of unitholder’s trust bank account
- Capital Stock clearing and fund settlement
- Timely provision of the Net Asset Value Per Share (NAVPS) to data vendors and the media
Types of entities services
- Mutual funds
- Pooled funds
- Alternative strategy funds
- Limited partnerships (GP/LP)
- Fund of funds/wrap products
- Structured notes
- Corporate tax class funds
- Private equity funds
- Venture capital funds
- Multi-manager funds
- Mortgage investment corporations (MICs)
- Real estate funds
- Special purpose vehicles (SPVs)
- Flow-through limited partnerships
Financial statement preparation and full audit process
- Financial statements customized to our client’s needs, including statements of financial position, comprehensive income, changes in net assets attributable to holders of redeemable units and cash flow
- Custom typeset of financial statement reporting
- Coordinate and assist with any audit requirements and full audit support
Tax and other reporting
- Preparation of tax return regularly and at year-end
- Preparation of tax return regularly and at year-end
- All tax related forms i.e. T4, T550, R16, etc.
- CRA reporting
- Statements
- Confirmations
- Investor Communications
- Cash flow projections and sales reporting
What makes us unique
We have access to our own registered firm and software, significantly cutting down our cost that we are able to pass on to our clients.
Clients of Unitize Fund Solutions
- Banks
- Funds
- Custodian
Our ever expanding list of service providers
- Aviso (Credential), Fidelity, and National Bank Independent Network as client account custodians
- Computershare as trust company
- Interactive Brokers as institutional trading accounts
- FundSERV for fund settlement (our software Chronicle Financial Technologies)
“A passion to serve”
Contact us
Reach out for an initial conversation