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Create and manage unit classes

Unit classes allow fund managers to offer tailored investment terms to separate investor groups under a single fund structure.

Rukhsar Keshwani avatar
Written by Rukhsar Keshwani
Updated over a month ago

Unit classes in Caruso can be managed by navigating to the relevant fund and then viewing the Unit Classes tab.

By default all new funds are created with a unit class labelled 'Ordinary'. To update the label, click on the ellipses and select edit and enter your preferred label.

To add a new unit class, click Create unit class, enter a suitable label and an optional note, then click Confirm to finish.

Document upload

Fund managers can also publish documents to a specific unit class, so only the relevant investors can view them.

To add a document, click on Add document on top right.

In the modal, upload the file, choose the correct category and unit class, and set your document publishing preferences. When you're ready, click Confirm to share the document with the selected investor group.

Important notes

  • A fund can have multiple unit classes, with a minimum of one default unit class.

  • An investing entity can hold units in multiple unit classes within the same fund.

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