Institutional > Unitization Services
The Benefit Trust Unitization Platform
Benefit Trust's sophisticated capabilities support your creation and delivery of unitized fund prices. Benefit Trust records daily income and expense accruals, participant activity, corporate actions, security transactions, plus receives files from multiple pricing vendors, to create a daily unitized price.
Employer Securities
Through the use of unitization, an employer security can be placed within a plan investment lineup and traded identical to a mutual fund. Benefit Trust provides the following functions:
  • Daily valuations
  • Custodial functions
  • Liquidity management
  • Securities trading
  • Corporate action processing
  • Expense accruals
  • Daily cash and security reconcilement
  • Transmits electronically key portfolio elements
    • Units outstanding
    • Daily price of unitized fund
    • Daily price of underlying asset
Fund-of-Funds
Through the use of Benefit Trust's state-of-the-art technology, an investment advisor can create one or a series of fund-of-funds portfolios that can be used within a plan investment lineup. Benefit Trust provides the following functions:
  • Daily valuations
  • Custodial functions
  • Corporate action processing
  • Expense accruals
  • Daily cash and security reconcilement
  • Allocation, execution and settlement of underlying funds (same day / late day capabilities)
  • Rebalancing
  • Passive and active models
  • Transmits electronically key portfolio elements
    • Units outstanding
    • Daily price of unitized fund
Managed Portfolios
When situations dictate, Benefit Trust can accommodate investment advisors wish to manage plan assets with individual securities. Benefit Trust utilizes a multi-currency accounting system that can accommodate virtually any type of marketable security. Benefit Trust provides the following functions:
  • Daily valuations
  • Custodial functions
  • Corporate action processing
  • Expense accruals
  • Daily cash and security reconcilement
  • One or more investment manager
  • Cash available reporting
  • Foreign / ADR tax reclaim filings
  • Online access to accounts / portfolios
  • Transmits electronically key portfolio elements
    • Units outstanding
    • Daily price of managed fund
Key Items
  • Trustee or custodial services for your unitized portfolio
  • Custodial or non-custodial arrangements
  • Daily processing of portfolio transactions
  • Daily, monthly or periodic valuations
  • Superior client service
  • Unitize one or hundreds of holdings in portfolio
  • Supports NSCC trading in an open architecture environment
  • No offshoring
  • Small organization – more nimble, personalized service, fewer bureaucratic hoops
  • Revenue sharing capabilities
  • Electronic delivery of files and reports
  • Contract with plan sponsor or as a back office valuation agent and custodian
Types of Assets – domestic & foreign
  • Common Stock
  • Preferred Stock
  • Exchange-Traded Funds
  • Fixed Income
  • Warrants
  • Rights
  • Futures
  • Options
  • Mutual funds / collective investment trusts
  • Hedge funds / private equities
  • Swaps
  • Foreign exchange contracts