Unit Trusts Additional Investment Form 1. Important information

Unit Trusts Additional Investment Form (existing investors)
1.
Important information
•
•
Please read the terms and conditions (section 10) carefully.
Your investment will only be finalised once we receive the fully completed, dated and signed form together with all the necessary
supporting documents (FICA, bank verification and FAIS, if applicable), and once your funds reflect in our bank account.
Please initial any amendments made on this document.
Please email completed forms and supporting documents to [email protected] or fax them to 021 947 8224.
If you have any queries, please contact us on 0860 100 266 or email [email protected]
•
•
•
Investor code
2.
Investor details
2a. Individuals (all fields are compulsory)
Title:
Mr
Mrs
Miss
Other
Surname: _________________________________________________________________________________________________________
Full names: ________________________________________________________________________________________________________
Identity number/passport number:
Date of birth:
D D M M C C Y Y
Telephone (h): ( _______ ) _______________________________ Telephone (w): ( _______ ) ___________________________________
Cell: __________________________________________________
Fax: ( _________ )__________________________________________
E-mail: ____________________________________________________________________________________________________________
Are you a Sanlam staff member? YES
NO
If YES, provide your pay code number
2b. Other legal entities (all fields ar e compulsory)
Registered name of legal entity: _______________________________________________________________________________________
Entity registration number:
Full names and surname of contact person: _____________________________________________________________________________
Identity number:
E-mail address of contact person: ______________________________________________________________________________________
Telephone (h): ( _______ ) ________________________________ Telephone (w): ( _______ ) __________________________________
Cell: ___________________________________________________ Fax: ( _________ )__________________________________________
3.
Source of funds for this investment
Source of funds (compulsory):
Salary
Inheritance
Do these funds originate from a Sanlam policy? YES
Savings
Bonus
Other (specify): ________________________
NO
If “YES”, please supply the policy number: __________________________________________
Sanlam Collective Investments (RF) (Pty.) Ltd.
2 Strand Road, Bellville 7530 | PO Box 30, Sanlamhof 7532, South Africa
SUT01_Unit Trust Additional Investment Form (existing investors) 07/2014
T
F
E
(021) 916 1800
(021) 947 8224
[email protected]
www.sanlamunittrusts.co.za
4.
The
•
•
•
•
Investor banking details
details specified below will be used only when selling unit trusts and for income payments.
Please supply us with proof of bank details (e.g. cancelled cheque or bank statement not older than 3 months).
We will only make payments into the account of the registered investor. We cannot make payments to third-parties.
We are unable to make payments into credit card or money market accounts.
Useful tip: accurate information always facilitates prompt payment from us.
Bank name: ____________________________________________ Branch name: ____________________________________________
6-digit branch code:
Name of account holder: ____________________________________________________
SA identity or passport no.
Bank account number: __________________________________________________
Type of account: Current
Savings
Transmission
D D M M C C Y Y
Signature of bank account holder/authorised signatory
5.
Ways to pay
•
•
•
•
We do not accept cash deposits.
All deposits must be in South African Rands or we will return your funds.
Your transaction will only be processed once your funds reflect in our bank account and once we have received all the relevant documents.
There may be a delay between when you deposit your funds and when they actually reflect in our account.
Cheque deposits: All cheques must be endorsed as non-transferable and deposited directly into Sanlam's Collective Investments
bank account. The maximum amount that can be processed per cheque is R500 000. For amounts greater than this, please
write additional cheques. Please supply proof of deposit with your application form.
Electronic transfers: These may take up to two days to reflect in our bank account. Please supply a proof of deposit with your
application form.
Once-off debit orders
Recurring debit orders
Sanlam’s Collective Investments bank account details:
Please use the bank accounts below if you have the correct deposit reference number for the fund(s) selected:
Bank name:
ABSA Bank
First National Bank
Standard Bank
Branch code:
632005
250655
051001
Account number:
4048794798
62007975610
272704121
Deposit reference:
Deposit reference number
Only if you do not have a deposit reference number for the fund(s) selected, please use the bank account below:
Bank name:
ABSA Bank
Branch code:
632005
Account number:
01023002341
Deposit reference:
ID number or investor code or entity registration number
Important: Proof of payment must accompany this application regardless of which bank account is used.
6.
Investment instruction
Please specify the fund(s) you would like to invest in, and how much you would like to invest. Fund minimums apply (see fund fact sheets).
Unit Trust Fund(s)
Total amount invested
Class Lump Sum
Investment
Monthly
Investment
Annual
Annual
Increase Increase
Date
R
R
%
MM YY
R
R
%
MM YY
R
R
%
MM YY
R
R
%
MM YY
R
R
%
MM YY
R
R
Income
Invest Pay out
(indicate with X)
6.
Investment instruction ...continued
Phasing-in a lump sum investment
A lump sum can be invested in any fund and phased into one or more of our other unit trust funds over a minimum of 1 month and a
maximum of 12 months. Fund minimums apply to the phased-in amounts. You may be liable for any difference in initial fees when
phasing-in between a money-market type fund and an equity-type fund, or from any fund where the initial fee is lower.
Phase-in period:
1 month
3 months
6 months
9 months
12 months
Phase-in my lump sum investment of R___________________ from the _____________________________________ fund.
Phase-in my lump sum to the following fund(s) as follows:
Fund(s)
Class
%
Total
7.
Debit order instructions
•
We accept payments from third-party accounts (e.g. a grandparent investing on behalf of a grandchild), provided that full
supporting documents and a list of authorised signatories are provided. The investment remains the property of the
registered investor, regardless of the third party who made the payment.
If the debit order is paid by a third party, a signed copy of the third party's identity document, together with a cancelled cheque or
bank statement and utility bill less than 3 months old, must accompany this form.
We do not draw funds from credit card or money market accounts.
Please allow 2-3 working days' notice for once off debit orders and 7 days’ notice for recurring debit orders.
•
•
•
Investment options:
Please deduct the total amount from the bank account indicated in section 6 as follows:
Once-off debit order:
Monthly debit order:
D D M M C C Y Y
On
day of each month starting
D D M M C C Y Y
(if day of month is not completed, it will default to the 1st)
Pay this debit order from the investor’s own bank account specified in section 4
or from the following account
Full names and surname of bank account holder: ________________________________________________________________________
Bank account holder ID number (compulsory):
(If other legal entity, supply entity registration number)
Date of birth of bank account holder:
D D M M C C Y Y
(If applicable)
Address of bank account holder: ______________________________________________________________________________________
___________________________________________________________________________________ Postal code: ___________________
Bank name: ______________________________________________ Branch name: ___________________________________________
Bank account number: _________________________________________ 6-digit branch code:
Type of account: Current
Savings
Transmission
I hereby instruct and authorise Sanlam or its assignees to draw direct debits against my bank account as per my instruction.
D D M M C C Y Y
Signature of bank account holder/authorised signatory
Second signature (if applicable)
8. Regular monthly withdrawals
•
•
•
•
•
We will make payments into the bank account specified in section 4.
We are unable to make payments into third-party accounts.
No funds or portion thereof may be withdrawn if the funds have not been cleared by the bank.
If your withdrawal date falls on a non-business day, your units will be redeemed at the next business day's price.
Proceeds will only be available in your bank account 2-3 working days after the withdrawal instruction date.
Please schedule the following monthly withdrawals from my investment until this instruction is cancelled in writing or my funds have
been depleted:
Withdrawal at the price ruling on the
D D
day of each month starting
M M C C Y Y
Fund(s)
Class
Amount
R
R
R
Total
R
9a. Broker / Sanlam financial advisor details (if applicable)
Name: ________________________________________________________________________________ Code:
Biblife code (if applicable):
Identity number:
Telephone (h): ( _______ ) _______________________________ Telephone (w): ( _______ ) ____________________________________
Cell: __________________________________________________ Fax: ( _______ ) ____________________________________________
E-mail:___________________________________________________________________________________________________________
Address: __________________________________________________________________________________________________________
________________________________________________________________________________ Postal code: _______________________
Commission instruction
I wish to appoint the broker / financial advisor whose details appear above as my financial intermediary on this application and I agree
to paying advice fees as follows, on the understanding that these fees will be deducted before investment:
Pay the full initial advice fee
applicable (to the maximum
stipulated on the fund fact sheets)
Pay part of the initial advice fee,
of .................%
No initial advice fee
Please note that this advice fee excludes the manager’s initial fee as stipulated on the fund fact sheets.
Advice fee:
Ongoing financial advice fee: .................% per annum (negotiable up to a maximum of 1%, excluding VAT)
Please note:
•
This annual advice fee is based on the daily market value of the investment portfolio, paid to the broker / financial advisor
monthly in arrears by redeeming units.
This is not part of the normal annual management fee charged by Sanlam.
•
The investor may withdraw their authority by giving written notice to Sanlam.
•
This annual advice fee is not applicable to funds/classes where a trailer fee is already included in the service fee.
•
Signature of investor/authorised signatory (compulsor y):
9b. Preferred broker / financial advisor appointment
I confirm that I wish to appoint the above broker / financial advisor as my preferred financial intermediary on all my Sanlam unit trust
funds. All future commission, trailer and advice fees (if applicable) must be paid to this newly-appointed broker/advisor until further
notice.
I am aware that the financial intermediary who previously introduced me to Sanlam unit trusts, will now be replaced with this
new appointment. I also understand that the above appointed (preferred) new broker / financial advisor will now receive the
commission on the recurring contribution/s, ad hoc investments, trailer and advisory fees (if applicable) that was previously paid.
Signature of investor (compulsor y):
9c. Declaration by brokers / Sanlam financial advisors
Sanlam financial advisors:
Brokers:
Financial advice
If a Sanlam financial advisor has provided advice, it is the
advisor’s responsibility to complete the advice documents
for this transaction and forward them, together with this
application form, to Sanlam.
FSP licence
I declare that I am a licensed financial services provider/
representative of a financial service provider and am
authorised to sell unit trusts.
Is this product a replacement?
Yes
No
If yes, the financial advisor acknowledges that he/she
explained the possible detrimental consequences of
replacing one financial product with another, and attaches
the completed AEB2065 form with this application.
FICA declaration
I confirm that the investor recorded in this application, or
the person acting on their behalf, confirmed his/her
identity and address with an original acceptable FICA
document, copies of which are attached herewith
(ssee annexure A).
FSP licence number:
FICA declaration
I confirm that I have identified the investor mentioned in
this application, as well as the person acting on their
behalf (if applicable) and have verified their identity in
line with the requirements of the Financial Intelligence
Centre Act, 38 of 2001 (“FICA”), and any legislation,
regulations or guidelines related to it (ssee annexure A).
I further confirm that I will keep a record of the verification
documents as required in terms of FICA and will make
available, on request, copies of these documents as well
as details of the verification procedures followed.
Signature of advisor
Signature of broker
D D M M C C Y Y
D D M M C C Y Y
10. Terms and conditions
•
•
•
•
•
•
•
•
•
•
•
•
•
By completing this form you are applying to buy additional units in the funds of your choice in line with the Trust Deed and mandate
of the relevant funds. The fund fact sheets explain how each fund invests and are available at www.sanlamunittrusts.com
We accept that the instructions we receive are correct and signed by the authorised individual or signatories.
We will only carry out instructions that are complete and supported by accurately completed documents. Similarly, your instruction
may be delayed if it has been issued incorrectly, is unclear, incomplete, or if the supporting documents have not been submitted.
Any loss will be for your account.
We cannot be held responsible for losses if we don’t receive an instruction from you before the relevant cut-off times.
We do not pay interest if a transaction is delayed due to outstanding requirements or incorrect deposits.
The person in whose name the investment is registered is the legal owner of the investment, regardless of who the payer is.
Unit trusts are generally medium to long term investments. Past performance is not necessarily a guide to future performance. Unit
trusts are traded at ruling prices and may engage in borrowing and scrip lending. Unit trust prices are calculated on a net asset
value basis, which is the total value of all assets in the portfolio including any income accrual and less any permissible deductions
from the portfolio. A schedule of fees and charges and maximum commissions is available from the manager/scheme. Commission
and incentives may be paid and if so, will be included in the overall costs. The fund manager may borrow up to 10% of the portfolio
to bridge insufficient liquidity. Forward pricing is used. The following charges are levied against the portfolio: brokerage, auditors'
fees, service fees, applicable taxes, custodian fees, bank charges and trustees' fees.
A fund of funds is a portfolio that invests in portfolios of collective investment schemes, which levy their own charges, which could
result in a higher fee structure for the fund of funds. A feeder fund is a portfolio that, apart from assets in liquid form, consists solely
of participatory interests in a single portfolio of a collective investment scheme, which levies its own charges. This could result in a
higher fee structure for the feeder fund.
For money market type funds, the price of each participatory interest is aimed at a constant value. While a constant price is maintained, the investment capital is not guaranteed. A money market portfolio and short-term debt portfolio is not a bank deposit. The
total return to the investor is primarily made up of interest received but may also include any gain or loss made on any particular
instrument. In most cases this will merely have the effect of increasing or decreasing the daily yield, but in an extreme cases this
can have the effect of reducing the capital value of the portfolio.
Sanlam is a full member of the Association for Savings & Investment SA (ASISA).
The onus is on the investor to keep us informed of any changes to banking details or current identification information (e.g.
change of address, change of surname and contact particulars). If any of your personal information has changed, you will need to
complete an Investor Details Update form available at www.sanlamunittrusts.co.za
We keep relevant documents for a period of five years or any other period as prescribed by law.
We permit ringfencing for large withdrawals in terms of Notice 573 of the Collective Investment Schemes Control Act. Ringfencing
is the separation of assets and the delayed sale of units in a unit trust fund. A large sale of units in a unit trust, above certain
threshholds, may cause ringfencing. This ensures that the sale of a large number of units will not force us to sell the underlying
investments at a price in the market which could have a negative impact on other investors. We may delay paying the reinvestment
of the proceeds of the sale of units.
If your sell instruction is affected by this ringfencing, the payment of your withdrawal could be affected.
11. Investor declaration (Sanlam Optimised Income Fund investors only)
I understand that a notice period may apply to making withdrawals from the Sanlam Optimised Income Fund. Due to the listed preference
share market being less liquid, large unplanned withdrawals may prejudice the other investors remaining in this fund. Therefore, any
withdrawals that amount to more than R5 000 000 in total within a 30 day period, will be subject to 30 days' written notice.
D D M M C C Y Y
Signature of investor/authorised signatory
______________________________________
Assisted by (if applicable)
_____________________________________
Relationship of co-signee
12. Investor declaration
•
I confirm that I have the authority and am legally competent to enter into and conclude this transaction, with the necessary legal
assistance when it is required.
•
I understand that this application is subject to the Sanlam Collective Investments Scheme Deed (the Deed) and that this application,
read together with the Deed, constitutes the entire agreement between Sanlam and myself.
•
In terms of the Prevention of Organised Crime Act (No 121 of 1998), I confirm that the funds for this investment originate from a
legitimate source. I further agree to answer any questions on the source of the funds used for payment and to provide additional
information as required by Sanlam.
•
I am aware of and consent to all costs relating to this investment and I understand that there are no guarantees with regard to
my capital. I am aware that there are further allowable deductions from the fund (e.g. an annual management fee) that may
impact on the value of my investment.
I understand that the cost of buying units may include an initial upfront fee plus VAT which may consist of Sanlam’s manager’s
fee as well as an advisor or broker advice fee. This is additional to the annual management fee charged by Sanlam.
I confirm that the risk profile of the investment has been explained to me and I understand that it is my obligation to familiarise
myself with and accept the risks associated with this investment.
•
•
•
I accept full responsibility for informing Sanlam of any changes in my current identification information provided (e.g. change of
address, change of surname and contact particulars). If any of your personal details have changed, you will need to complete an
Investor Details Update form available at www.sanlamunittrusts.co.za
•
I have read and understood the contents of this application form and agree to its terms and conditions.
D D M M C C Y Y
Signature of investor
OR
D D M M C C Y Y
Authorised signatory (e.g. parents, guardians & entities)
Capacity: __________________________________________________________________________________________________________
First names: ________________________________________________ Surname: ___________________________________________
ID number/passport no:
Date of birth:
D D M M C C Y Y
Contact number: _____________________________________________
Residential address: ________________________________________________________________________________________________
________________________________________________________________________________ Postal code: ______________________
Postal address: ____________________________________________________________________________________________________
________________________________________________________________________________ Postal code: ______________________
SA resident:
YES
NO