Fund Overview Level 2

Course Summary

This course follows on from the Level 1 session and provides delegates with a more thorough understanding of the fund environment. It looks at areas which are more specialised to those working in funds, including performance fees and currency hedging.

This course will be of particular interest to staff working directly/indirectly in the fund environment.


The course will look at the key aspects of funds administered in Guernsey. Those working in the Guernsey fund environment are likely to have a number of questions regarding:

  • Why is this structure used for this type of asset?
  • What are the tax advantages of structuring a fund in a certain manner?
  • If a promoter was coming to Guernsey, which vehicle would they use?


  • Basic background of funds
  • Different types of funds
  • Limited partnerships
  • Introduction to AIFMD
  • Local regulations
  • Indicative valuations/transfer agency
  • Side pockets
  • Currency transactions
  • Impact of changes in Guernsey Company Law 2008
  • Accounting for equalisation
  • Performance fees
  • Case study/NAV computation example.

Course Benefits

On completion of the course, delegates should have a greater understanding of the fund industry and an increased awareness of performance fees, side pockets, currency transactions and transfer agency.
They should also be able to apply the knowledge to their day to day positions, obtaining a greater understanding of the working environment.

Tutor Profile

Will Morgan is an award winning tutor who has been running courses in Guernsey, Jersey, Dublin and the UK for the past 10 years. Will previously worked for BPP Professional Education and has been training independently for the past 8 years.

Will is now the Managing Director of Offshore, a specialist accounting outsource provider, based in Guernsey employing 15 professionals working for a variety of clients in the trust, fund, commercial and public sector.

Will’s training has been adapted over the years based on the work he has undertaken in the Channel Islands, understanding the practical skills that professionals need, rather than theoretical concepts.

His classes are highly interactive; sometimes amusing and always engaging.

Course at a Glance

  • Next Start Date: 28 September 2017
  • CPD Points: 7
  • Course Cost: £295.00
  • Course Length: 1 day (09:00-17:00)
  • Location: GTA University Centre, Guernsey
  • Tutor: Will Morgan

There are no dates currently available for this course, If you would like to register your interest please complete the form below:

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