Administrative Services
Chancellor Hattersley Lloyd will administer the recording of investments and transactions in each portfolio and collate and report this information to clients.
In addition to recording each investment transaction, our reporting will calculate the changes in investments as a result of takeovers, capital repayments and other adjustments. This maintains accurate accounting records for all investments in the portfolio.
Clients will receive regular reports subject to each client's requirements. These reports will consist of a number of comprehensive statements providing detailed information for each portfolio. Reports will be sent to clients promptly after the end of the agreed reporting period.
The reports provide details of:
- Investment performance - the increase in the value of the portfolio, identifying the net new funds invested by the client.
- Portfolio transactions.
- Calculations of capital gains, discounted or adjusted for indexation where appropriate.
- Dividends received and dividend imputation (or franking credit) entitlements.
The report aims to provide necessary information to enable preparation of accounts and taxation returns.
The report also provides a review of the portfolio that analyses the structure of the portfolio and comments on the stocks held. This includes a summary of forecast earnings and dividend per share statistics for each stock held and calculations of current price earnings ratios and dividend yields to enable ready appraisal of each portfolio to ensure it continues to meet the client's investment objectives, financial situation and particular needs.
