Rights of Accumulation. Many mutual funds allow investors to combine the value of previous purchases of the same fund, or another fund within the same fund family, with the value of the current purchase to qualify for breakpoint discounts. Moreover, some mutual funds allow investors to count existing holdings in multiple accounts, such as IRAs or accounts at other broker-dealers, to qualify for breakpoint discounts. Therefore, if you have accounts at other broker-dealers and wish to take advantage of the balances in these accounts to qualify for a breakpoint discount, you must advise your investment professional about those balances. You may need to provide documentation establishing the holdings in those other accounts to your investment professional if you wish to rely upon balances in accounts at another firm. In addition, many mutual funds allow investors to count the value of holdings in accounts of certain related parties, such as spouses or children, to qualify for breakpoint discounts. Each mutual fund has different rules that govern when relatives may rely upon each other’s holdings to qualify for breakpoint discounts. You should consult with your investment professional or review the mutual fund’s prospectus to determine what these rules are for the fund family in which you are investing. If you wish to rely upon the holdings of related parties to qualify for a breakpoint discount, you should advise your investment professional about these accounts. You may need to provide documentation to your investment professional if you wish to rely upon balances in accounts at another firm. Mutual funds also follow different rules to determine the value of existing holdings. Some funds use the current net asset value (NAV) of existing investments in determining whether an investor qualifies for a breakpoint discount. However, a small number of funds use the historical cost, which is the cost of the initial purchase, to determine eligibility for breakpoint discounts. If the mutual fund uses historical costs, you may need to provide account records, such as confirmation statements or monthly statements, to qualify for a breakpoint discount based upon previous purchases. You should consult with your investment professional and review the mutual fund’s prospectus to determine whether the mutual fund uses NAV or historical costs to determine breakpoint eligibility.
Rights of Accumulation. A Planholder may accumulate Plans for reduced Creation and Sales Charges, but only in accordance with the terms and conditions of the applicable Prospectus. The face amounts of two or more Plans purchased at one time by "any person," as defined in the applicable Prospectus may be combined to take advantage of the lower Creation and Sales Charges available on larger purchases. In addition, a Planholder purchasing any new Plan or increasing the face amount of any existing Plan(s) may qualify for a reduced Creation and Sales Charge on the new Plan by combining the face amount of the new Plan with the face amounts of existing Plans on which Plan investments due are current and/or with the current value of assets held in accounts in other Pioneer mutual funds for which Pioneering Management Corporation or one of its affiliates serves as investment adviser. To qualify for the reduced Creation and Sales Charges, all of the Plan Applications for the new Plans involved must be submitted to the Sponsor at the same time together with a request in writing that the face amounts of such Plans and/or asset values of such Pioneer mutual fund accounts be cumulated for the purpose of determining the applicable Creation and Sales Charge for the new Plan. If such a reduction in the Creation and Sales charge is approved by the Sponsor, the Custodian shall make appropriate changes to the Planholder's Account. In the event investments in one or more of such Plans are discontinued, the remaining Creation and Sales Charge will be changed to reflect the charges applicable to the Plan that is still in effect. The face amounts of any Plans which have been completed (and not liquidated) or on which investments are current may be aggregated with the face amount of a Plan being purchased by "any person" to ascertain the Creation and Sales Charge applicable to the Plan being purchased. To qualify for a reduced Creation and Sales Charge, the Sponsor must be notified by the dealer or the Planholder at the time of placing the order that the Planholder qualifies for the reduced Creation and Sales Charge. If such a reduction in the Creation and Sales charge is approved by the Sponsor, the Custodian shall make appropriate changes to the Planholder's Account.
Rights of Accumulation. Many mutual funds allow investors to consolidate the value of previous purchases of the same fund, or another fund within the same fund family, with the value of the current purchase to qualify for breakpoint discounts. If you have accounts at other broker-dealers and wish to take advantage of the balances in these accounts to qualify for a breakpoint discount, you must advise your investment representative about those balances. You may need to provide documentation establishing the holdings in those other accounts to your investment representative, if you wish to rely upon balances in accounts at another firm. In addition, many mutual funds allow investors to consolidate the value of holdings in accounts of certain related parties, such as spouses or children, to qualify for breakpoint discounts. Each mutual fund has different rules that govern when relatives may rely upon each other’s holdings to qualify for breakpoint discounts.
Rights of Accumulation. The face amounts of two or more Plans purchased at one time by "any person," as defined in the Prospectus under "Rights of Accumulation," along with the then current net asset value of AIM open-end mutual fund accounts (including current and completed AIM Summit Investors Plans I accounts) owned by the person as provided to Custodian by Sponsor or its designee, may be combined to take advantage of the lower Creation and Sales Charges available on large purchases. To qualify for the reduced Creation and Sales Charges, all of the applications for the Plans involved must be submitted to the Custodian at the same time together with a letter requesting that the face amounts of such Plans (and, if applicable, other AIM open-end mutual fund accounts including current and completed AIM Summit Investors Plans I accounts) be cumulated for the purpose of determining the applicable Creation and Sales Charge. In the event payments on one or more of these Plans is discontinued, the remaining Creation and Sales Charge will be changed to reflect the charges applicable to the Plan that is still in effect. The face amount of any Plans which have been completed (and not liquidated) or on which payments are "current" (as defined in the Prospectus under "Rights of Accumulation") may be aggregated with the face amount of a Plan being purchased by any person to ascertain the Creation and Sales Charge applicable to the Plan being purchased but not to reduce the custodial fees applicable to each such Plan. To qualify for a reduced Creation and Sales Charge, the Custodian must be notified by the dealer or the purchaser at the time of placing the order that the purchaser qualifies for the reduced Creation and Sales Charges.
Rights of Accumulation. I understand that a breakpoint discount may also be obtained by combining the value of all shares (such as Class A, B, C, M or T shares or Section 529 plan holdings) that I hold in a particular fund family. This ability to combine such holdings is generally known as a “right of accumulation.” The circumstances under which rights of accumulation are available are described in the fund’s prospectus and/or SAI.
Rights of Accumulation. 17 9. PLAN REINSTATEMENT PRIVILEGE........................18 10. TAX-QUALIFIED RETIREMENT ACCOUNTS....................18 11. RECORDKEEPING........................................18
Rights of Accumulation. A Planholder may accumulate Plans for reduced Creation and Sales Charges, but only in accordance with the terms and conditions of the applicable
Rights of Accumulation. For Class A Units, a front-end sales charge can be reduced by breakpoint discounts based on the amount of a single purchase or through Rights of Accumulation (ROA). An ROA applies to Account Owners who make a series of additional contributions to any Portfolio(s). If the combined value of your Units or applicable X.X. Xxxxxx Mutual Fund shares held by you or an immediate family member reaches a breakpoint discount level, your next contribution will receive the lower sales charge. The amount of the sales charge is calculated based on the higher of (a) the market value of your qualifying holdings as of the last calculated net asset value prior to your contribution or (b) the initial value of your qualifying holdings (your principal); provided that, the market value of your qualifying holdings will be reduced by the market value on the applicable redemption date of any Units you have redeemed and the initial value (principal) of your qualifying holdings will be reduced by the principal value on the applicable redemption date of any Units you have redeemed. Letter of Intent—By signing a Letter of Intent, you may combine the value of your Units or applicable X.X. Xxxxxx shares you already own with the value of the Units or applicable X.X. Xxxxxx Fund shares you plan to buy over a 13-month period to calculate the initial sales charge and any breakpoint discounts. Each purchase that you make during that period will receive the sales charge and breakpoint discount that applies to the total amount you plan to buy. The 13-month Letter of Intent period commences on the day your financial intermediary receives your Letter of Intent. You or your financial intermediary must inform us that you have a Letter of Intent each time you make an investment to ensure we apply the proper sales charge breakpoint. Purchases submitted prior to the date the Letter of Intent is received by us or your financial intermediary are considered only in determining the level of sales charge that will be paid pursuant to the Letter of Intent, but the Letter of Intent will not result in any reduction in the amount of any previously-paid sales charge. A percentage of your investment will be held in escrow until the full amount covered by the Letter of Intent has been invested. If you do not buy as much as planned within the period of the Letter of Intent, you must pay the difference between the sales charges you have already paid and the charges that actually apply to the Portfolio Units that yo...
Rights of Accumulation. Head of family linkage. . Master and Sub-accounting. . Cash book reconciliation of all monetary transactions. . Shareholder inquiry by telephone or letter.
Rights of Accumulation. If you already own Class A shares of the Fund, you may already be eligible for a reduced sales charge on Class A share purchases. Please provide the account number(s) below to qualify (if eligible). Account No. □ □$25,000 □$50,000 $100,000 $250,000 □$500,000 □$1,000,000 Account No. □ Net Asset Value (NAV). I have read the prospectus and qualify for a complete waiver of the sales charge on Class A shares. Registered representatives may complete the Dealer Information section as proof of eligibility. Reason for Waiver:
