10d • General discussion
🎯 NAV Pro Tip #4: Corporate Actions & Income Trap Check
Before you finalise the NAV, take 3 minutes to scan corporate actions and income activity:
✅ Were all corporate actions identified and processed correctly?– Dividends, interest, splits, mergers, or reorganisations today?– Correct ex-date, record date, and payment date applied?– Actions reflected consistently across positions, cash, and income?
✅ Does income look reasonable vs expectations?– Missing or duplicated dividend/interest income?– Unusual spikes or drops compared to prior periods?– Correct withholding tax treatment applied?
✅ Any pending or partially processed events?– Corporate actions posted to positions but not cash (or vice versa)?– Income accrued but never settled?– Manual overrides applied without review?
Why this matters:
Corporate actions and income are high-risk NAV areas — they often involve manual processing, multiple data sources, and tight deadlines. Small mistakes here can quickly become material NAV errors.
Pro move:
If a corporate action required manual intervention, it deserves a second review — even if the NAV “balances.”
Building better NAV production habits, one day at a time.
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🎯 NAV Pro Tip #4: Corporate Actions & Income Trap Check
