Funds

Best practice for configuring a fund is shown below.

Property	Description
Type	The instrument type
Name	The name of the instrument
ISIN	The ISIN-code of the instrument
Status	The status determines what user type the instrument should be available to
Visible Status	The status determines what user type the instrument should be visible to
Currency	The currency that the instrument is based in
Tax Country	The country where the instrument is based according to tax reasons
Issuer	The legal entity that has issued the instrument, for example a bank.
Fund Entity	The legal entity for the fund Fund entities
Fund Company	The associated Fund company that manages the fund
Dividend Type	If dividends are issued or re-invested in the instrument

Property	Description
Price Decimals	The number of decimals to use when showing the price of the instrument
Display Percentage Price	If checked the price will be displayed as a percentage value, in the database the value of 98% will be stored as 0.98 but shown as 98%. In this example we are using currency values as the price.
Price	The price of the instrument
Price Date	The date when the price was set
Multiplier	The value multiplier of the instrument. For a fund the most common value is 1 since one unit costs 1 x price.
Decimals	This is a legacy property that should be left blank
Quantity Decimals	This is the number of decimals that should be used for the units. The fund is traded in four fractions.

Property	Description
Datasheet URL	A link to an instrument description
Categorization	Instrument Categorization
External Reference	A reference that could be used to link the instrument to an external system or some other reference
Lock In Period	The period that a legal entity should be locked in before being able to sell after having purchased the instrument
Fee Category	Which fee category the instrument should belong to according to /wiki/spaces/KB/pages/66584622
Buy Commission	The percentage commission charged on buy orders
Sell Commission	The percentage commission charged on sell orders
Early Sell Fee	The percentage fee charged on orders that are being executed within the lock in period.
Product Compensation	The percentage of kickback that should be given to the associated re-seller on the orders of the instrument
Account Type Limitation	Determines if the instrument should be limited to certain account types.

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