Can I submit a change of broker code request to CAMS directly?
Yes, as long as it is authorized by the Unitholder(s), depending on the mode of holding. However, the procedure would be different for the Channel Distributors. In such case, the documents have to be routed through the Channel Distributor. • If I request a change of broker code to ‘DIRECT’ for my transaction dated before January 4, 2008, will my units be recreated? No. The said guideline is effective January 4, 2008. • If I invest directly, can I later add a broker? Yes. A written request has to be submitted for change of broker code signed by the Unitholder(s), depending on the mode of holding. However, the procedure would be different for the Channel Distributors. In such case, the documents have to be routed through the Channel Distributor. • If I add a broker to a ‘DIRECT’ transaction (transaction already effected), would the broker be eligible for commission? Yes, the broker would be eligible for the trail commission from the date the broker code is added in the scheme. • After I
Yes, as long as it is authorized by the Unitholder(s), depending on the mode of holding. However, the procedure would be different for the Channel Distributors. In such case, the documents have to be routed through the Channel Distributor. • If I request a change of broker code to ‘DIRECT’ for my transaction dated before January 4, 2008, will my units be recreated? No. The said guideline is effective January 4, 2008. • If I invest directly, can I later add a broker? Yes. A written request has to be submitted for change of broker code signed by the Unitholder(s), depending on the mode of holding. However, the procedure would be different for the Channel Distributors. In such case, the documents have to be routed through the Channel Distributor. • If I add a broker to a ‘DIRECT’ transaction (transaction already effected), would the broker be eligible for commission? Yes, the broker would be eligible for the trail commission from the date the broker code is added in the scheme. • After I
