Kickbacks

The amounts managed in this analysis are purely informative and do not affect cash flow. Use the MiFID II-compliant "Kickbacks cash flow effective" report to manage cash flow effective transactions.

The "Kickbacks" report can be found in the list of templates in the "Custody account management" category.

In the workspaces of portfolios, holders, securities accounts or groups, you can open these quickly in the delivery state via the "Transactions", "Kickbacks" worksheet.

Kickbacks are transaction-related reimbursements and trailer fees that the investment advisor receives from the issuer or intermediary and does not pass on to the client. The informative kickback commissions of this evaluation have no influence on the performance of a portfolio. Under the first version of the MiFID Directive, however, there was an obligation to provide information as part of client reporting.

Therefore, the Infront Portfolio Manager provides transaction types for recording informative kickback commissions. You have the option of distinguishing between portfolio commission and transaction-based rebates. Kickback commissions can either be recorded in detail for individual securities transactions or holdings or cumulated per securities account and period. You manage the informative kickbacks recorded via the transaction types of the "Informative kickbacks" category - portfolio commission (kickback) and reimbursement (kickback) - in the Infront Portfolio Manager using the "Kickbacks" report.

In detail, the "Kickbacks" report contains the following columns:

Column	Description
Date	Date of the kickbacks.
Type	Portfolio commission or reimbursement? You can filter by type using the filter field at the top of the table.
Amount	Amount of kickback payments.
Currency	Currency of the kickbacks.
Securities	If a security was selected as additional information when entering the kickbacks, you will find it here.
Period from	If a period was specified when entering the kickbacks, you will see the start date here.
Period until	If a period was specified when entering the kickbacks, you will see the end date here.
Depot	All securities accounts on which kickbacks were booked in the period. The table is grouped via this (hidden) column.