Switch change request t&c's

IMPORTANT NOTES
  • I, the undersigned, declare that the information provided in this document is complete and accurate.
  • My adviser has shown me the Investment Fund Fact sheet in respect of the Investment Fund(s) I will be investing in and has explained all the fees and the reason therefore and I agree and accept the new charges. I understand that the fund fact sheet referred to will form part of my contract with Old Mutual/OMIS.
  • If I am switching to the Absolute Smoothed Growth Portfolio, my adviser has shown and explained the Technical Note to me.
  • I confirm that I have read this declaration, the Fund Fact sheet for the Investment Fund(s) to which I am switching, the Instructions and the Terms and Conditions and I understand the content and implications thereof.
  • I am aware that:
    • Units will be redeemed in one Investment Fund and purchased in the other Investment Fund(s) after acceptance of this request, at the first disinvestment/investment opportunity and at the price applicable then.
    • If a security cession has been recorded in respect of this plan, this request cannot be processed without receiving with this form a written authorisation from the relevant institution or legal holder.
    • All completed instructions must be received on any business day before daily cut off time (between 2-4pm). Any instructions received after this time will be processed on the next business day.
    • Please note: only ONE plan must be completed per form.
    • Please be aware that certain funds have extended periods until the unit prices are available from the Asset Managers. These periods are referred to as settle-out delays and can potentially impact our ability to determine fund prices. In these instances switches will be finalised as soon as these fund prices are available.
    • Switches received within disinvestment period (5 days) of income will be delayed until after the disinvestment.
    • Please note that your gross income percentage can only be amended annually. An annual review letter will be sent to the Contracting Party at the appropriate time.
    • The fund fact sheet referred to will form part of my contract with Old Mutual/OMIS.
    • Switching Investment Funds may result in a change to my charges.
    • Charges are calculated with reference to the spread of Investment Funds that I invest in.
    • Should the ratio of external Investment Funds to Old Mutual Funds be increased as a result of this switch, my charges will increase. If this ratio is decreased, then the charges will decrease.
    • If I switch from one Investment Fund to a multiple of Investment Funds, then this will also affect my charges.
    • Switching of Units may be to my disadvantage, as it may result in more costs and more fees being paid to my adviser.
    • Switching from a Smoothed Fund may result in a Market Value Adjuster.