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Transaction Type | Amount Direction | Type of Underlying | What's happening to the Underlying (Action) | Description | Additional Information to be included (appended) |
|---|---|---|---|---|---|
Money In | + | Cash | Inflow | Incoming cash transfers. This could be salary items or transfer of assets between accounts. | - |
Money Out | - | Cash | Outflow | Outgoing cash transfers. This could be discretionary spending or transfer of assets between accounts. | - |
MiscIncome | + | Cash | Income | Funds received as a result of investment activity. For eg, Interest on Current Account or refund of expenses. | {Optional} |
MiscExpense | - | Cash | Expense | Expenses as a result of investment activity. For eg, Fees (administrative, custodial, management or other) or taxes. | {Optional} |
Interest | - | Deposit, Cash | Interest | Interest on Deposits or Current Accounts. Some banks may merge this together with the redemption. We strive to split these items out for better analysis. | {Optional:#ticker} |
SpotFX In | + | FX Spot | FX Buy | Foreign currency transactions. Used when one currency account in the Account is debited and another currency account is credited. Incoming Cash FX Spot. For eg, Buy 10,000 SGD vs USD (for the SGD account). | - |
SpotFX Out | - | FX Spot | FX Sell | Foreign currency transactions. Used when one currency account in the Account is debited and another currency account is credited. Outgoing Cash FX Spot. For eg, Buy 10,000 SGD vs USD (for the USD account). | - |
Sale | + | Any Asset except Cash, Loan/Deposit | Sell | Sale of any type of security or investment. For eg, Equity, Derivatives or Bonds. | #ticker#quantity#price |
Purchase | - | Any Asset except Cash, Loan/Deposit | Buy | Purchase of any type of security or investment. For eg, Equity, Derivatives or Bonds. | #ticker#quantity#price |
Distribution | + | Any Asset except Cash, Loan/Deposit | Dividend/Coupon/Subscription | Payouts from existing investments, such as dividends or coupons or similar items. | #ticker |
Contribution | - | Any Asset except Cash, Loan/Deposit | Reversal dividend / Reversal coupon / Capital Call / Subscription | Payments made into to the investment that are not purchases Purchases. For eg, capital contributions to funds or capital calls for PE investments. | #ticker |
Loan Create | + | Loan | Drawdown. New loan | Loans are special assets that always have a market value of 100%. This is used when a loan is taken out and cash is provided into the current account. For eg, Open Loan, Rollover Loan | #ticker |
Loan Repay | - | Loan | Repayment | This is used when a loan is repaid and cash is removed from current account (redemption of loans). | #ticker |
Loan Cost | - | Loan | Interest | Interest on loans or current account. Some banks may merge this together with the redemption or rollover. We strive to split these items out for better analysis. | {Optional:#ticker} |
Deposit Create | - | Deposit | New deposit | Deposits are special assets that always have a market value of 100%. This is used when a deposit is placed and cash is taken out of the current account. For eg, new deposits. | #ticker |
Deposit Repay | + | Deposit | Redemption of deposit | This is used when a deposit is redeemed and cash returned to the current account (redemption of deposits). | #ticker |
Reinvestment | 0 | Any Asset except Cash | Dividend/Coupon Reinvestment | Practically this is a combination of Distribution + Purchase. Often used for mutual funds which reinvest the distribution amount and increase unit holdings. For eg, dividend/coupon reinvestment or dividends received in the form of shares. | #ticker#quantity |
TransferFOP In | 0 | Any Asset (except Cash, Loan/Deposit) | Delivery Free of Payment Security or asset transfers from another bank, account or custodian | Practically this is a combination of Money In + Purchase. Since a standard purchase reduces cash in the current account, this function allows easy transfer of assets without impacting cash. Used for:
Price can be provided (for profit calculations). If not provided, the latest available market price is used as reference. | #ticker#quantity#price/MKT |
TransferFOP Out | 0 | Any Asset (except Cash, Loan/Deposit) | Delivery Free of Payment Security or asset transfers to another bank, account or custodian | Practically this is a combination of Money Out + Sale. Since a standard Sale increases cash in the current account, this function allows easy transfer of assets (except cash, loan/deposit) without impacting cash. Used for transfer of assets (except cash, loan/deposit) between banks. Price can be provided (for profit calculations). If not provided, the latest available market price is used as reference. | #ticker#quantity#price/MKT |
TransferFOP Loan Create | 0 | Loan | Loan transfer into account (without cash impact) | Loan transfer into account without impacting cash. | #ticker#quantity |
TransferFOP Loan Repay | 0 | Loan | Loan transfer out of account (without cash impact) | Loan transfer out of account without impacting cash. | #ticker#quantity |
TransferFOP Deposit Create | 0 | Deposit | Deposit transfer into account (without cash impact) | Deposit transfer into account without impacting cash. | #ticker#quantity |
TransferFOP Deposit Repay | 0 | Deposit | Deposit transfer out of account (without cash impact) | Deposit transfer out of account without impacting cash. | #ticker#quantity |
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Sale
This is meant for security or asset sales. The security will be identified by the Canopy ticker. There is no limitation on the type of assets here; listed or unlisted assets will be treated identical.
This category requires additional information, specifically:
- the ticker as per Canopy which can be found with the search functionality on the site,
- the quantity of purchase expressed in units or in nominal amount for bonds and
- the purchase price used, before any fees or expenses; for Bonds, the clean price used.
Effect: increases cash, reduces unit holdings per security
Example: Sale of 1000 Starhub Shares @ 3.5#Sale#STH_SP#-1000#3.5
*note that the quantity here should be a negative number
Purchase
This is meant for security or asset purchases. The security will be identified by the Canopy ticker. There is no limitation on the type of assets here; listed or unlisted assets will be treated identical.
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This is meant for pay-outs from existing investments, like coupons or dividends. or dividend, or Subscription (positive settlement amount).
Canopy allows distribution to be received in a different currency account from the security’s reference currency.
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This is meant for pay-outs to existing investments, like capital calls for private equity investments., or Subscription (negative settlement amount)
This category requires additional information, specifically:
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Example: Interest on Loan Ref: 6789#Loan Cost#LoanRef_demoacct_usd01_6789
Deposit Create
This is meant for new deposits. Canopy is tracking outstanding deposit balances and interest payments.
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Example: Redemption Deposit Ref: 12345#Deposit Repay#DepositRef_demoacct_usd01_12345
Reinvestment
This is meant for situations where the bank or the asset manager provides for automatic reinvestment of dividend or other pay-outs. This item is usually not found in the cash statement and actually a combination of a) Distribution and b) Purchase.
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TransferFOP tags are used to represent this initial move, without affecting cash balances. TransferFOP is also used when moving assets from one custodian to another when there is no cash involved.
TransferFOP In
This is meant for security or asset transfers from another bank, account or custodian where no cash payment is being made. The security will be identified by the Canopy ticker. There is no limitation on the type of assets here; listed or unlisted assets will be treated identical.
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Example: Custodial Transfer 500 Starhub Shares#TransferFOP In# STH_SP#500#MKT
TransferFOP Out
This is meant for security or asset transfers to another bank, account or custodian where no cash payment is being made. The security will be identified by the Canopy ticker. There is no limitation on the type of assets here; listed or unlisted assets will be treated identical.
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Example: Transfer of New Term Deposit USD Ref: 54321#TransferFOP Deposit Create#DepositRef_demoacct_usd01_54321
TransferFOP TransferFOP Deposit Repay
This is used when a deposit is transferred out of account without impacting cash.
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