Citi Launches Governance Portal for Mutual Funds

Citi has launched its Fund Governance Portal (FGP), providing its mutual fund servicing clients real-time access to data, critical documents and links that are essential to managing a fund’s business. The portal is a free service for Citi’s clients and is available on a secure, password-protected site that is accessible 24/7 from any web-enabled computer.

Citi’s Global Transaction Services (GTS) is providing this service for its mutual fund clients who use its regulatory administration services. The FGP was created in response to clients who sought easier access to fund information and data for their boards of directors, legal personnel, compliance officers, and other associates with fund administration responsibilities.

The Performance Funds, advised by Trustmark Investment Advisors, is using the service. Duane Dewey, executive vice president of corporate banking and wealth management at Trustmark National Bank, said: “I applaud Citi on introducing the Fund Governance Portal. It provides enhanced efficiencies through technology that will enable our team to access, review and share current and past documents. And the security features allow for the safe retrieval and downloading of materials without compromising sensitive information.” Key benefits of the service include the ease of navigation, information access and speed in document sharing of time-sensitive items.

The five components of Citi’s FGP include:

  1. Fund fact database: for need-to-know factoids at a glance, such as date of incorporation, board member contact information, etc.
  2. Headline news update: current information and links to evolving laws, regulations and industry positions.
  3. File exchange site: a drop-off and pick-up site for secure file-sharing of mega-sized documents.
  4. Fund file repository: an online filing cabinet to house charters, by-laws, minutes, board books, and other core documentation needed on a daily basis.
  5. Direct linkage to the SEC website for client specific information and filings.


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