Issue
How can I convert an existing Trust on Class to a Unit Trust?
Solution
Navigate to Fund level > Fund > Fund Details
- Click on Edit button
- Select the unit trust type from the "Trust Type" drop down list
- Click on Save
Types of Unit Trusts available:
- Cash Management Unit Trust
- Fixed Unit Trust
- Public Unit Trust (Listed)
- Public Unit Trust (Unlisted)
What's next
To enter the opening Balance for a take-on trust, refer to our User Guide page, How to enter unit holding details for take-on trust
To process a Unit - Buy event, refer to our User Guide page, Buy and Sell Units for a Unitised Trust