Does Webfolio handle equalization factors?
For redemptions or subscriptions that require an equalization factor, Webfolio splits the operation into two parts, the main one for the trade, and a secondary adjustment portion for the equalization adjustment. The values provided by the administrator of the target fund are used as input into Webfolio. Any equalization amount outstanding for a portfolio is reported outside of the position valuation but included in the overall portfolio valuation until the equalization date.
