About Fund Investment Tool

Fund Investment Tool (FIT) is a powerful, cloud-based financial processing tool for fund investment accounting. This cloud-based system enables a foundation to perform complex calculations for income allocation, administrative fees, spending policies, and rebalancing removing the need for spreadsheets and compiling information from disparate systems. FIT is secure and accessible on traditional web browsers and mobile devices.

Financial Edge NXT Fund Record

• Fund Record provides the financial basis for allocations.
• Fund Record can also store investment pool, fee, spend, and rebalancing information that is utilized for allocation calculations.
• The example below shows a record that is Non-Endowed, utilizes Tiered Fee Schedule 1, and has a 4% Spend Policy using a rolling basis of the last 12 Quarters.

NPact's FIT:

• Real-time bi-directional integration with Financial Edge NXT
• Balances and basis accounts for allocations pulled from GL
• Fund Codes configured at the fund level can be used to determine which investment pools a fund participates in, in addition to Fee and Spend Code configurations
• Support for Investment Income, Fees, Spend Policy, Rebalancing Investment Asset Portfolios, Cash Calls