Registry / Unit registry
The provider that maintains the official record of investor unit holdings, processes orders, and handles distribution payments. Operationally separate from the manager.
The unit registry is the provider that maintains the official record of which investors hold which units in a managed-investment scheme. Registry handles: investor onboarding (anti-money-laundering checks, account opening), order processing (buy, sell, switch, reinvest), distribution payments to investor bank accounts, and statement and tax-reporting generation.
In NZ retail MIS practice the largest registry providers are Apex Group (formerly MMC), Trustees Executors, and Public Trust's registry arm; some larger managers run an in-house registry function. The registry provider is disclosed in the OMI; its operational independence from the manager is one of several investor-protection structural features.
For investors, registry is the back-office layer they typically interact with for any account-administrative request — change of address, change of bank account, PIR update — though most managers wrap registry behind a manager-branded online portal.
Related terms
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custodian
Custodian
The independent entity that physically holds a fund's securities and cash in segregated client accounts. Disclosed in the OMI; separate from the fund manager.
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OMI
Other Material Information (OMI)
A supplementary FMA-required disclosure document containing material information about a fund or scheme — typically conflicts of interest, related-party transactions, fee waivers, auditor/trustee/custodian identities — that is not included in the PDS.
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MIS · Scheme
Managed Investment Scheme (MIS)
The legal vehicle under the Financial Markets Conduct Act 2013 that holds investor money in a pooled fund. Every NZ retail managed fund is part of a registered MIS.