Unit certificate
A unit сcertificate states the number of fund or share class units owned by a shareholder. It may cover all units owned by the shareholder or a part of them. A unit certificate is needed in some countries if a shareholder wants to pledge their shares as collateral for a loan. Regulations require that each issued unit certificate is marked in the shareholder registry, and the shareholder can redeem the units only after returning the certificate to the fund company.
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Generating and deleting the unit certificate
You can generate a unit certificate and download it as a PDF in the Shareholder details pane:
Go to the Shareholder registry, select the shareholder and open the Shareholder details pane on the right.
Click
, enter the number of units and click Create.
To record that the units are pawned, a transaction with the “Unit certificate” type is created in the fund portfolio in FA Back. When you delete a unit certificate, the transaction status changes to "Deleted". The transaction is still kept in FA for record purposes. You can find in the transaction list in FA Back.
To download a previously generated unit certificate, click the PDF icon 
in the Shareholder details pane. To delete a unit certificate after it is returned, click 
.