Your Investment. Please indicate how the specific capital sum that you wish Investec Wealth & Investment to manage arose. In order to comply with anti-money laundering regulations, we are required to form a complete understanding of how our clients accumulated their overall wealth and the assets that we are being asked to manage. We are unable to accept funds for investment without this information. Origins of Wealth Please describe briefly the principal sources of your overall wealth. Financial Background PREVIOUS OCCUPATION OCCUPATION Instructions
Your Investment. Please indicate how the specific capital sum that you wish Investec Wealth & Investment to manage arose. In order to comply with anti-money laundering regulations, we are required to form a complete understanding of how our clients accumulated their overall wealth and the assets that we are being asked to manage. We are unable to accept funds for investment without this information. Origins of Wealth Please describe briefly the principal sources of your overall wealth. Financial Background PREVIOUS OCCUPATION OCCUPATION COMMENCING ON FREQUENCY Instructions Section 7 Section 7 Social Media Messaging: SMS: Post: Email: We would like to use your details to keep in touch by sending information which we believe is relevant and useful to you. This information may include investment news and insights alongside marketing updates and exclusive event invites. To help further develop and understand the right information and services that we can provide, we may also use your information for internal marketing analytics. Please confirm how you would like to receive investment news and insights alongside marketing updates and exclusive event invites from IW&I: Communication preferences In order for us to continue to develop and grow our business, we would like your permission to share some of your information with selected third-party partners. Yes, I am happy for my information to be shared securely with carefully selected marketing partners to help Investec Wealth & Investment better understand the needs and interests of current and future clients through analytics and insight. For more information on this and how we treat your data securely, please see our Data Protection Notice. At any time you can change your mind and opt-out or update your communication preferences by contacting: xxxxxxxxxxxxxx@xxxxxxxxxxx.xx.xx or by contacting your Investment Manager. Authority to communicate by fax and email Please note that given the data security issues surrounding the sending of unencrypted emails, should you, or any nominated person on your behalf communicate with us by fax or email or request that we provide information to you or any nominated person by email the following provisions will apply: You give us authority to receive instructions from you by email and fax in relation to the matters listed below and in relation to any other matters connected with your account and the relationship between us and you.
Your Investment. Please indicate how the specific capital sum that you wish Investec Wealth & Investment to manage arose. In order to comply with anti-money laundering regulations, we are required to form a complete understanding of how our clients accumulated their overall wealth and the assets that we are being asked to manage. We are unable to accept funds for investment without this information. Origins of Wealth Please describe briefly the principal sources of your overall wealth. Financial Background PREVIOUS OCCUPATION OCCUPATION COMMENCING ON FREqUENCY Income will be paid to your capital or other account on a quarterly basis. TRANSFER TO MY/OUR BANK ACCOUNT AS INDICATED ABOVE. PLEASE PAY A STANDING ORDER TO THE ABOVE BANK ACCOUNT OF: PLEASE REINVEST INTO MY/OUR IW&I CAPITAL ACCOUNT Income
Your Investment. 1. The Namibia Direct Investment is a registered investment product with the Namibia Financial Institutions Supervisory Authority (Namfisa).
2. You appoint us to administer your investment.
3. Wealth Namibia Nominees (Pty) Ltd holds the assets in your investment in your name.
4. We hold professional indemnity and fidelity insurance cover as required by law.
5. We use a default investment component for certain transactions and events, which is currently the Momentum Namibia Money Market Fund. This investment component can earn interest while we wait for a transaction date or an investment instruction.
6. If you choose a yearly increase for your regular investment, we will increase the investment amount every year according to your instruction. You can change or cancel your instruction later.
7. If your investment value drops below the minimum amount stated in our guide, we can end this investment agreement.
8. You cannot nominate a beneficiary for this investment. It will form part of your estate when you die.
9. You can transfer units from this investment. If we receive such a request, we will confirm the transfer in writing.
10. If you send us a copy of a security cession agreement, we will note it and confirm it in writing. Until this cession is cancelled, the cessionary must sign all instructions for this investment.
11. We will cancel the security cession when we receive an instruction from the cessionary.
12. If there is a security cession noted on your investment when you die, we will pay the investment value to the cessionary. The cessionary must pay any surplus from this payment to your deceased estate.
13. You can change the ownership of this investment agreement. If we receive a request for a change of ownership, we will confirm the change in writing.
14. You can instruct us to cancel this investment agreement. We will pay you when we have received the sale proceeds from the investment management companies after we have deducted any outstanding fees and tax. The investment value is determined by the investment market and exchange rates between currencies.
Your Investment. 1. You are applying to invest in the portfolio/fund(s) that we administer and manage.
2. The price of a unit in the unit trust scheme is calculated daily, as stated below. This price applies to requests accepted on the same business day.
3. We calculate the net asset value (NAV) based on the total value of all assets in the fund. This would include any income accruals, less any acceptable deductions from the fund, divided by the number of units in issue. Examples of acceptable deductions are, including but not limited to, brokerage fees, securities fees, transfer fees, tax, auditor’s fees, bank charges, trustee or custodian fees and service charges.
4. Our NAV calculation is based on the forward pricing principle. This means we do not determine the price of a fund during the trading day but at the fixed times: The pricing time (valuation point) is indicated in the funds’ respective MDDs.
5. Effective annual cost (EAC) is a measure that the Association for Savings and Investment South Africa (ASISA) introduced to enable you and your financial adviser to compare charges and their effect on your investment returns in a meaningful way. It highlights the different role players involved in your investment and the effect of each role player’s fees over the investment term. Visit xxxxxxxx.xx.xx/xxxxxxxxxxxxxxxxxxxxx to review the EAC on the fund(s) that you want to invest in.
6. The value of unit prices may go down as well as up. Past performance is not necessarily a guide to future performance.
7. Foreign securities in funds may pose additional material risks, depending on the specific risks affecting that country. These include but are not limited to potential constraints on liquidity and the repatriation of funds; macroeconomic risks; political risks; foreign exchange risks; tax risks; settlement risks; and potential limitations on the availability of market information. Fluctuations or movements in exchange rates may cause the value of underlying international investments to go up or down and foreign currency exposure exposes you to foreign exchange risk.
8. Income distributions are made at regular intervals for all funds. We declare these distributions as the deed and applicable supplemental deeds specify. Refer to the latest MDDs available at xxxxxxxx.xx.xx/xxxxxxxxxxxxxxxxxxxxx for more details. We will reinvest distributions below R250 into the funds.
9. If you do not choose a pay-out option for your distribution on your application form, we will reinvest ...
Your Investment. 1. The Guaranteed Return Option is regulated according to the Long- term Insurance Act and is issued by MMI Group Ltd.
2. You appoint us to administer your investment product.
3. The assets within your investment are held in the name of MMI Group Limited by Momentum Wealth Nominees (Pty) Ltd.
4. We hold fidelity insurance cover as required by law.
5. We use a default investment component for certain transactions and events. This investment component can earn interest while we wait for the transaction date or an investment instruction.
6. The Guaranteed Return Option provides you with a guaranteed income for the five-year investment term and a guaranteed maturity value at the end of the guarantee term.
7. The purpose of this income is to help you meet your living expenses while waiting for the guaranteed maturity payment. You have the option to reinvest it to give you an enhanced guaranteed maturity value at the end of the guarantee term.
8. To achieve the guaranteed return, the income and maturity value components of the product have been split into two policies.
9. Your basic income annuity is regarded as a purchased annuity and subject to withholding tax in terms of the South African Income Tax Act. You do not pay tax on the capital element of such annuity.
10. You can make a full withdrawal at any time. If you request a full withdrawal, you agree to cede all your rights, title and interest in any endowment contract to Momentum Connect (Pty) Ltd in return for payment of the withdrawal amount.
11. If you withdraw, your guarantee will fall away. We will calculate the withdrawal amount based on market conditions at the time.
12. You cannot transfer your investment to another provider.
13. The investment owner is the insured person for this investment. You can choose to appoint other insured persons for the guaranteed maturity value.
14. If you, as the last insured person, die before the end of the investment term, the guarantee structure will unwind. If there is another insured person when you die, the sum of all the remaining income payments will be reinvested to preserve the enhanced guaranteed maturity value.
15. If you are reinvesting this income, the death value will be at least your initial investment amount.
16. You can nominate beneficiaries for proceeds to receive the proceeds of the investment product when the last insured person dies.
17. If you appoint other insured persons, you can also nominate a beneficiary of ownership. If you die, we will t...
Your Investment. The sponsor company agrees to pay to MA and ICE the following fee prior to the workshops starting, of the following amount:
Your Investment. BASIC SERVICES REIMBURSABLE EXPENSES
Your Investment. The minimum initial investment in Class A, Class D and Class R Shares is $25,000 and the minimum subsequent investment is $10,000. The minimum initial investment in Class I Shares is $500,000 and the minimum subsequent investment is $25,000. The minimum initial and subsequent subscription amounts may be reduced or waived as determined by the Board in its sole discretion. Class A Shares Initial Investment Amount: $ ______________ Class A Shares Subsequent Investment Amount: $ ______________ Class D Shares Initial Investment Amount: $ ______________ Class D Shares Subsequent Investment Amount: $ ______________ Class I Shares Initial Investment Amount: $ ______________ Class I Shares Subsequent Investment Amount: $ ______________ Class R Shares Initial Investment Amount: $ ______________ Class R Shares Subsequent Investment Amount: $ ______________ Owner’s Name (First, M.I., Last) Date of Birth Social Security Number Co-Owner’s Name (First, M.I., Last) Date of Birth Social Security Number Name of Entity Date of Organization Tax Identification Number Name(s) of Trustee(s), Partners or other Authorized Signers Date of Birth Social Security Number Name(s) of Trustee(s), Partners or other Authorized Signers Date of Birth Social Security Number Name(s) of Trustee(s), Partners or other Authorized Signers Date of Birth Social Security Number Custodian Name Custodian Tax ID Custodian Address Custodian Phone Number City State Zip Code ☐ Individual ☐ Joint Tenants in Common ☐ Joint Tenants with Rights of Survivorship ☐ Tenants by the Entirety ☐ Trust ☐ Corporation ☐ Partnership ☐ Retirement Plan ☐ Other: (specify)
