NEWVault Insights AI: ask your vault anything, cited to the source.See how it works
FutureVault
FUND DOCUMENTS

Distribution notice
Fund distribution notice

Announces a fund’s distribution per unit, its record and payment dates and, at year-end, any reinvested or special distributions that later show up on tax slips.

What it is

The distribution notice, explained.

Announces a fund’s distribution per unit, its record and payment dates and, at year-end, any reinvested or special distributions that later show up on tax slips.

Key fields

What Intelligent Document Processing extracts

Fund and seriesDistribution per unitRecord datePayment dateDistribution typeReinvestment indicator
How IDP works
With FutureVault

How FutureVault handles the distribution notice.

Distributed to every partner firmDeliver the current Distribution notice to every dealer and investor vault that needs it, in one batch.
Always the current versionNew versions replace old ones automatically, with the history kept on record.
Proof of deliveryA delivery record for every firm and investor, ready for auditors and examiners.
Related documents
T3 slipStatement of Trust Income Allocations and DesignationsNet distribution noticeDistribution notice, net of offsetting amountsFund FactsPlain-language mutual fund summaryFee rebate statementManagement fee rebate or distribution statement
Where it fits
Asset & Fund ManagersBulk Document DistributionDocument governance
FAQ

Distribution notice questions, answered.

When is the distribution notice due?

When a distribution is declared, often monthly, quarterly or at year-end.

Can FutureVault extract data from the distribution notice?

Yes. Intelligent Document Processing reads the distribution notice and captures fields such as fund and series, distribution per unit, record date, with a confidence score on every field and human review for anything uncertain.

How does FutureVault handle the distribution notice?

Deliver the current Distribution notice to every dealer and investor vault that needs it, in one batch. New versions replace old ones automatically, with the history kept on record.

Every distribution notice, in the right vault.
Automatically.

See how FutureVault delivers, collects and understands the documents your firm works with.

Book a demoBrowse the library