In many cases the distributor (you) receive compensation from the producer of a financial instrument to cover marketing and administrative costs. This can be included in the reports for customers too by importing a file with these details in the section called “Distributors producer cost”.
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A CSV file can be imported with the following fields:
ISIN | The ISIN code of the financial instrument. |
DistributorsProducerCost | The percentage received by the intermediary in decimal format. This means that 0.5 % should be inputted like 0.005. |
PeriodStartDate | This is the start date from when this schedule should be active and the application will use the schedule for the correct period in the calculation of cost and charges. |
PeriodEndDate | This is the end date for when this schedule should be active and the application will use the schedule for the correct period in the calculation of cost and charges. |
Example file that can be used as a template:
| View file | ||
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On the fee report to the end customer the total amount will appear in the following section:
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By enabling the column called “Distributors producer cost” the details section will show the amount related to each position.
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