Investor Record Keeping

Fundserv Network

  • 100% compliant with current version
  • (TFS) – Transaction forwarding system (interactive & batch processing)
  • (NFU) – Fully automated non-financial updates
  • Electronic daily/monthly files for dealer reconciliation
  • Automated N$M settlement

Account Processing

  • Client-name, Nominee & Intermediary account designations
  • Open, Registered, Locked-in account types

Trade Processing

We accept trades and non-financial updates from distributors via the Fundserv network, fax or mail. All trades are reviewed for accuracy and eligibility. Prometa is 100% Fundserv compliant.

Supported Trade Process

  • Internal/External In-Kind Transfers
  • Switches/LSIF Rollovers
  • Purchases
    • a. Lump sum purchases
    • b. PAD (Pre-authorized debit) administration
    • c. Employee payroll investment plans
    • d. In-cash transfers
  • Redemptions
    • a. Tax reporting (withoholding, tax credit clawbacks)
    • b. Fee calculations
    • c. RIF Minimum calculations
    • d. Estate processing/settlement

Tax Reporting

  • RRSP Contribution receipts
  • Government receipts (ie. LSIF tax credit receipts)
  • T4RSP/T4RIF/T5008/T5

Document Security

Electronic scan of all paper documents, and backed up for added security.


At Prometa, we adhere to the Canadian Personal Information Protection and Electronic Documents act (PIPEDA). Shareholder information will only be disclosed after the proper identification has been verified by the security measures that we have in place.

What customers are saying

  • Invico Capital Corporation (“Invico”) has been working with Prometa Fund Services Inc. (“Prometa”) since 2008.  At the time, we made the decision to work with Prometa as they are also a Western based, entrepreneurial company and we felt that they could help Invico meet the needs of servicing our investors.  Invico has been extremely pleased with the quality of service that we have received from Prometa over the past seven years.  Prometa is very responsive to our needs and is able to customize their services to ensure our needs are met in the most efficient and cost effective manner.  I would not hesitate to recommend Prometa to other organizations that are looking for fund services.

    Allison Taylor, CEO, Invico Capital Corporation

  • Prometa Fund Services has been instrumental in expanding our sales network. The staff is professional and knowledgeable about all aspects of FundSERV and the fund industry. Since launching Magenta III Mortgage Investment Corporation on the FundSERV network we’ve experienced substantial growth. Prometa has made our FundSERV initiative a tremendous success.

    Gavin Marshall, CEO, Magenta Mortgage Corp.

  • We approached Prometa three years ago to explore the possibility of transacting our exempt market product through the FundSERV platform.  Working with Prometa has allowed us to expand our distribution network, improve visibility into our capital pipeline and bring structure to the subscription timeline that has benefited both us and our dealer partners.  Prometa has exceeded my expectations with their exceptional response times, professionalism and ability to successfully navigate the fast pace of change in the exempt market.

    Jon Herman, Chief Financial and Operating Officer, KV Capital Inc.

  • Prometa Fund Services Inc. has played an important role in the continuing success of the SaskWorks Venture Fund Inc. Since we began working with Prometa in 2003, we have experienced a level of service that far exceeds our prior backoffice. The fact that this service is provided to us at a cost less than our previous provider allows us to not only provide great service to our shareholders but put more dollars back in their pockets through a lower MER.

    Randy Beattie, President & CEO, SaskWorks Venture Fund Inc.