Comprehensive services for mutual funds

Transfer agent services

As one of the largest transfer agents in the industry, we provide exceptional customer service, robust technology and superior shareholder accounting and servicing.

  • Investor recordkeeping
  • Complete investor statement and tax reporting
  • Accounting and regulatory reporting
  • Investor e-commerce services
  • Financial intermediary services

Fund administration services

Our experienced administration team provides tailored services that help you increase efficiency and minimize your regulatory and business risks.

  • Complete fund compliance testing and reporting
  • Financial reporting, including statement preparation, filing and audit support
  • Expense management, including payments, budgeting and expense accruals
  • Fund board services, including agendas, minutes and resolutions
  • Tax and regulatory support services, including Blue Sky support

Fund accounting services

Our vast network of services leverages the benefits of shared knowledge across our entire offering to better deliver timely and accurate portfolio accounting and reporting.

  • Timely calculation and dissemination of intraday and daily NAVs
  • High level of daily controls to ensure accurate and timely NAV review and dissemination
  • Operational excellence utilizing systematic edit checks and review analysis
  • Systematic daily portfolio reconciliations
  • A culture of continuous improvement through technology enhancements and ideas

Additional services

As a full-service provider, we also offer the following comprehensive services to help strengthen your competitive advantage.

  • Regulatory administration services
  • Tax support services
  • Global custody services
  • Regulatory support services

From our leaders

“We strive to provide the best products, delivered with the best client technology, by the most experienced people in the industry.”

 

Greg Farley
Head of Mutual Fund Operations
U.S. Bank Global Fund Services

Strategies and insights from our thought leadership

Service provider due diligence and selection best practices

Best practices for a manager or fund board who is selecting a mutual fund or hedge fund administrator.

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MSTs: An efficient and cost-effective solution for operating a mutual fund

Explore the structure of a multiple series trust (MST) and the benefits it offers in an increasingly complex compliance and governance landscape.

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Eight trends driving new product structures and strategies

Eight global investment trends we’re seeing, along with some of the product-related challenges (and opportunities) they’re creating within the marketplace.

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Global custody and fund administration services

Alternative investments

Exchange-traded products

Mutual fund services

Investment advisor services

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Disclosures

Investment and insurance products and services including annuities are:
Not a deposit • Not FDIC insured • May lose value • Not bank guaranteed • Not insured by any federal government agency.

U.S. Bank does not guarantee products, services or performance of its affiliates and third-party providers.

U.S. Bank Global Fund Services is not a chartered bank, trust company or depository institution and is not authorized to accept deposits or trust accounts. All U.S. Bank Global Fund Services entities are wholly-owned subsidiaries of U.S. Bank, N. A. Custody, lending, treasury and banking services are offered by U.S. Bank, N.A.

U.S. Bank’s Securities Lending Program is administered by U.S. Bancorp Asset Management, Inc. U.S. Bancorp Asset Management, Inc. is a registered investment advisor and subsidiary of U.S. Bank National Association. U.S. Bank National Association is a separate entity and wholly owned subsidiary of U.S. Bancorp and does not guarantee the products, services or performance of U.S. Bancorp Asset Management, Inc.

U.S. Bank Global Fund Services (Ireland) Limited is registered in Ireland, Company Number 413707. Registered Office at 24 - 26 City Quay, Dublin 2, Ireland. Directors: Eimear Cowhey, Ken Somerville, Brett Meili (USA), Hosni Shadid (USA). U.S. Bank Global Fund Services (Ireland) Limited is regulated by the Central Bank of Ireland.

U.S. Bank Global Fund Services (Guernsey) Limited is licensed under the Protection of Investors (Bailiwick of Guernsey) Law, 2020, as amended, by the Guernsey Financial Services Commission to conduct controlled investment business in the Bailiwick of Guernsey.

U.S. Bank Global Fund Services (Luxembourg) S.a.r.l. is registered in Luxembourg with RCS number B238278 and Registered Office: Floor 3, K2 Ballade, 4, rue Albert Borschette, L-1246 Luxembourg. U.S. Bank Global Fund Services (Luxembourg) S.a.r.l. is authorised and regulated by the Commission de Surveillance du Secteur Financier.

Elavon Financial Services DAC Luxembourg Branch (trading as U.S. Bank Depositary Services Luxembourg) is registered in Luxembourg with RCS number B244276 and Registered Office: Floor 3, K2 Ballade, 4, rue Albert Borschette, L-1246 Luxembourg, regulated and authorised by the Central Bank of Ireland (CBI) as well as by the Commission de Surveillance du Secteur Financier (CSSF). Details about the extent of our authorisation and regulation by the CBI and the CSSF are available from us on request.

Elavon Financial Services DAC, trading as U.S. Bank Depositary Services, is regulated by the Central Bank of Ireland and is registered in Ireland with the Companies Registration Office Reg. No. 418442. The registered office is Block F1, Cherrywood Business Park, Loughlinstown, Dublin 18, Ireland D18 W2X7.