Daily Price & Rate File

Mutual Fund Profile Service I Daily Price and Rate File provides fund companies with an automated solution for delivering prices and daily distribution rates to their intermediaries.

OVERVIEW

The Mutual Fund Profile Service I (MFPS I) Daily Price and Rate File, launched by DTCC’s Wealth Management Services in 1996, offers fund companies a standardized, streamlined solution for transmitting price and rate data to intermediaries. 

The Daily Price & Rate File provides:

  • Net asset value (NAV) date and price
  • Daily & periodic distribution (dividend & capital gain) rates
  • Security Issue IDs
  • NAV and dividend rate corrections with associated date
  • Day count (the number of days that apply to the rate for daily accrual funds)
  • Issued and proposed symbols
  • Cumulative rates
  • Distribution types
  • Distribution indicators

Funds can submit prices through MFPS I in the following currencies:

  • USD (U.S. Dollars)
  • GBP (British Pounds)
  • EUR (Euros)
  • JPY (Japanese Yen)
  • SGD (Singapore Dollar)
  • HKD (Hong Kong Dollar)
  • AUD (Australian Dollar)
  • CAD (Canadian Dollar)
  • CHF (Swiss Franc)
  • CNY (China Yuan Renminbi)
  • NOK (Norwegian Krone)
  • SEK (Swedish Krona)

The MFPS I Daily Volume Report shows the timing of peak and low volumes for each Price & Rate cycle. 

WHO CAN USE MFPS I

Any interested financial organization that meets NSCC qualifications can use the service.

BENEFITS

  • Increases operational efficiency by automating and standardizing access to critical price and rate information
  • Mitigates risk by centralizing price and rate data in a secure location
  • Enables timely reporting of corrections
  • Supports ISO/SWIFT and non-ISO messaging formats

HOW MFPS I WORKS

The Daily Price & Rate File is accessible via mainframe over DTCC’s SMART (Securely Managed and Reliable Technology) network. To upload or download files, clients can also choose to use DTCC WebDirect, a web interface that provides DTCC clients with direct access over the Internet to services provided by DTCC's subsidiaries.

Funds and firms have the option to send and receive files as single- or multiple-batch transmissions or by leveraging MQ (message queue) messaging technology.

NSCC stores price and rate information for 90 days. 

For More Information

Please contact your Relationship Manager or the Account Management Team at (212) 855-8877.

Mutual Fund Profile Service I Daily Price and Rate File is a service offering of National Securities Clearing Corporation (NSCC), a wholly-owned DTCC subsidiary. The Service is governed by applicable Rules, Procedures, and Service Guides of NSCC, which contain the full terms, conditions, and limitations applicable to this Service. The Service description herein is for informational purposes only, and NSCC reserves the right to make modifications. We may provide you with additional information about our products and services from Time to time.  If at any time you wish to be removed form our distribution list, please send an email to PrivacyOffice@dtcc.com.


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