Our Fund Services

BPERE’s philosophy is to offer our private and institutional clients a “One stop shop” service by means of our fully integrated IT system covering the following services:

Domiciliation agent

This service covers:

·         The domiciliation of funds at BPERE’s address

·         The conservation of all legal and other documents relating to the fund

·         The handling of telephone calls, faxes and other communications in respect of the fund

·         The preparation and despatch of all documents relating to the recovery of tax, other statutory notices and publications required by the regulatory authorities, as well as the handling of all legal formalities

·         A secretarial service relating to the holding of Boards of Directors meetings and General Meetings of Shareholders as well as the provision of venues

·         The despatch and publication of the Fund’s legal notices

Paying agent

This service covers:

·         Payment of the fund’s dividends and other types of distribution to investors

Registrar

This service covers:

·         The execution and settlement of subscription, redemption and conversion orders

·         Keeping the register of shareholders

·         Issuing periodic reports to shareholders

Accountant

This service covers:

·         Fund accounting

·         Calculating the Net Asset Value

·         Preparing monthly/half yearly and annual financial reports

·         Liaison with the fund’s auditor

Custodian bank

This service covers:

·         Safe custody of assets (duty of supervision)

·         Fiduciary deposits

·         Liaison with investment consultant(s) and manager(s)

·         Selection and supervision of the network of sub-custodians

·         Processing, settling and reconciling transactions in equities and cash

·         Processing and paying dividends and corporate actions

·         Paying invoices, taxes and commission

In addition to these various services, BPERE can also provide you with services for the legal and operation setting up of your fund such as:

·         Assistance with structuring the fund

·         A review of legal documentation relating to the setting up of the fund (prospectus and Articles of Association)

·         Review or preparation of the various contracts (custodian bank/ central administration and management contracts)

·         Preparation of the Operating Memorandum and Service Level Memorandum

·         Implementation of the fund’s operating procedures

·         Direct access to our BP-Link system in real time (for looking up the portfolio, Net Asset Value, details of transactions…)