Frequently Asked Questions (FAQs)
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Bahamas SMART Funds Administration Solutions
We are dedicated to supporting fund managers and financial intermediaries through our specialized Bahamas SMART Fund Administration services.
SMART Funds (Specific Mandate Alternative Regulatory Test Funds) are designed to offer a flexible regulatory environment for innovative investment strategies. These structures allow managers to launch funds quickly while maintaining a tailored regulatory framework suited to the investment strategy.
Our administration solutions are designed to support the operational and compliance requirements of SMART Funds while ensuring transparency, efficiency, and scalability.
With Fundtec’s technology-enabled platform and experienced professionals, SMART Fund managers can streamline operations and maintain strong investor reporting standards.
Our Services:
we understand that each financial intermediary has unique operational demands. Our Hedge Fund Administration services are designed to scale with your needs, reduce risk, and unlock operational excellence.
Fund Accounting
-Recording all the trades and transactions.
-Managing contribution and distributions.
-Independent pricing and valuation of the portfolio.
-Reconciliation of position and cash with counterparties and street.
-Recoding and allocating all non-trade expenses.
-Calculation of management fees and performance fees aligned with fund agreements.
-Investor allocations and accounting.
Investor Services
-Seamlessly onboard & offboard investors with robust digital process.
-Conduct thorough compliance checks, including AML and KYC, suited to each investor profile and domicile.
-Owning and maintaining IR mailboxes.
-Coordinate, document and communicate for capital calls and distributions including notices.
-Generate detailed, fund-specific reports for investors, including performance reporting.
-Prepare and maintain documents such as factsheets and newsletter.
-Handle investor queries regarding capital calls and distributions promptly.
Compliance Support
-FATCA and CRS filings support to ensure regulatory compliance.
-Robust Anti-Money Laundering (AML) and Know Your Customer (KYC) compliance solution.
-Coordination of regulatory application and filing procedures.
-Comprehensive audit support to assist during regulatory audits.
-Swift response to regulatory inquiries and audits.
Reporting
-NAV calculations and reporting on a defined intervals.
-Preparation of financial statements, including balance sheets and income statements.
-Preparation of comprehensive notes to the accounts.
-Deliver tailored reports to fund and investor.
-Publishing investor statements.
-Support in preparing for and facilitating external audits.
Our Technology:
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An intelligent, unified platform built to simplify life for fund managers, fund administrators, and funds.
Why Choose Fundtec?
Fundtec combines deep industry expertise with modern technology infrastructure to deliver reliable fund administration services.
Our operational model is designed to support both emerging fund managers and established investment firms seeking scalable administration solutions.
What You Gain from Us
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Streamlined operational processes for efficient fund administration
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Transparent investor communication and reporting
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Technology-enabled administration infrastructure
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Scalable solutions aligned with fund growth
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Experienced professionals supporting regulatory and operational requirements
Services & Solutions Customization Option:
At Fundtec, we recognize that every fund structure has unique operational requirements.
Our administration solutions can be customized depending on:
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Investment strategy
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Investor profile
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Reporting requirements
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Jurisdictional regulatory obligations
This flexible approach ensures that fund managers receive administration support aligned with their specific operational needs.
OUR SERVICES
We understand that each financial intermediary has unique operational demands. Our Bahamas SMART Fund Administration services are designed to scale with your needs, reduce operational risks, and enhance efficiency.
-
Recording all the trades and transactions.
-
Managing contribution and distributions.
-
Independent pricing and valuation of the portfolio.
-
Reconciliation of position and cash with counterparties and street.
-
Recoding and allocating all non-trade expenses.
-
Calculation of management fees and performance fees aligned with fund agreements.
KEY BENEFITS OF BAHAMAS SMART FUNDS
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Tailored regulatory approach based on strategy
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Several models available (001–007)
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Fast-track approval process
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High flexibility for alternative strategies
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Used for PE, structured products, proprietary funds
