Issue

I have an AMP PPS and I want to separate this into the individual holdings. The fund is not a first year fund in Class, how can I do this,

Resolution

For an AMP PPS Wrap account, you will need to create custom holding accounts for each cash account for each model:

Example

PPXXXXXX => main cash account (Set up as a Cash Account)

PPXXXXXX-005 => Model cash account (Set up as a custom Holding Account)

PPXXXXXX-006 => Model cash account 2 (Set Up as a custom holding account)

Once you have created the Cash Account and the Custom Holding accounts follow the detailed steps in How to separate One Line Wrap Assets into Individual Holdings - Not First-Year Funds

You will also need to transfer the balances of these bank accounts to the relevant custom holding accounts as part of the asset segregation exercise.  Refer to Asset Segregation for detailed instructions.