Altair Monarch Exercise 7 - NAV for Mutual Funds

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Exercise Files

You can download all Monarch exercise files here: Monarch Sample Files for Exercises

• Investment Management Accounts.pdf
• Investment Management Transactions -Excel.xlsx
• Investor Name & Codes.xlsx

Exercise Overview

You are a Mutual Fund Accountant and you need to accomplish the following two tasks using the Data Prep Studio.

1. Determine Net Asset Value (NAV) for the portfolio based on the calculation; [(Current Balance + Contributions + Dividends & Capital Gains) - (Redemption's + Administrative Fees)]/100,000,000 shares outstanding.
2. Create a Group-By Summary for NAV by the different Investor Codes & the Investor Names

Hint: You need to perform the NAV for the period of transactions for the Month of February 2020. Make sure you apply a filter for the transactions to be in align with that time frame.

Exercise Answer

Not sure you got the correct answer? No problem. Watch the video below for a demonstration of this exercise from start to finish.