“…Notify your investment adviser if you or your immediate family have any other accounts that may be eligible for combining to determine possible reduced sales charges...”

Best Pricing

Facilitating Shareowner Rights of Accumulation (ROA) Across Multiple Distributors

• Link fund accounts with distributed accounts
• Incorporate industry recommendations on breakpoint facilitation
• Ensure your Shareowners are receiving their best breakpoint for reduced sales charges
• NEW - Provide your distributors an aggregated ROA file for their customers.

Shareowner's total eligible investments are combined across multiple holdings in both direct and distributed accounts.

Here, the total aggregated eligible investment value is $100,000.

Case Study - Dealer Return File

The Business Need

A prominent clearing broker-dealer supporting over 100 correspondent clients needed a way to help those clients determine accurate breakpoint pricing at the point of sale after collapsing its formerly networked accounts into omnibus fund positions. The dealer reached out to its fund trading partners, asking them to assist in the formation of a data-oriented approach to the solution their clients needed.

A Single Comprehensive Solution

In response to inquiries from our clients, DST is now offering a Dealer Return File capability within TA2000 Omnibus Transparency. This outbound file will provide financial intermediaries with the aggregated eligible investment amounts across related direct-at-fund and sub-accounted positions allowing the intermediary to support best pricing at the point of sale based on each fund families’ rules for Rights of Accumulation.

Now fund families with multiple third party distributors can utilize this feature to ensure best pricing for all of their shareholders, regardless of distribution platform.

"... shares redeemed within 60 days of purchase may be considered a short term trade and subject to a 2% redemption fee..."

"... four or more purchases and redemptions within a calendar year may be considered excessive trading..."

Monitor Short Term & Excessive Trading Within Omnibus Accounts

• Define your rules for short term and excessive trading within subaccounts
• Identify potential trading violations, assess fees, and issue warnings and restrictions as needed
• Monitor and report trading activity within all your omnibus relationships

Advanced Analytics

Status reporting across all intermediaries, at the level of detail you require:

• How many data requests per firm?
• How many sub-accounts are you storing?
• How many sub-accounts trade excessively?
• How many warnings or restrictions issued?
• How many sub-accounts are eligible for breakpoints?