BMA EMPRESS CASH FUND (BECF)

PRODUCT OPTIONS

1. Minimum Investment Amount

The Management Company may from time to time amend the minimum investment amount with prior notice to the unit holders. At present the following is the minimum amount of investment required:

a. Regular Units

Initial Investment PKR 5,000

b. Systematic Investment Units

Initial Investment PKR 5,000

Subsequent investments can be for any amount and shall be at the discretion of the Unit Holders.

2. Systematic Investment Units

Systematic Investment allows investors to invest small amounts of money in the BMA Chundrigar Road Savings Fund at regular intervals. Unit Holders may choose to systematically invest on a monthly, quarterly or half yearly basis. Any Unit holder can avail this facility subject to the terms and conditions specified below:

a. Minimum initial investment amount for systematic investments shall be Rs. 5,000 however; the Management Company may modify the minimum investment amounts from time to time, with prior notice to the Unit Holders;

 b. Unit Holders can opt to make systematic payments by submitting at least six or more post dated cheques to the Management Company or by giving stand-by instructions to their banks or by any other electronic means to make payments to the Fund’s account on the systematic investment date;

c. The Offer Price applicable to subsequent systematic investments shall be of the cheque date or stand –by instruction/ auto debit date;

d. All cheques should be for the same amount and same date(s) of each month/quarter/half year over the Systematic Investment tenure; and

e. Unit Holders can modify their account details by filling out an Account Information Update Form and submitting it to the Management Company or Distribution Company and their requests will be facilitated accordingly.

3. Systematic Withdrawals

This facility enables the regular Unit Holders to redeem from their accounts at periodic intervals. Systematic withdrawals shall be available in the following options:

ii. Fixed Option: The Unit Holder can seek redemption of a fixed amount on a monthly, quarterly or half yearly basis as specified in the application at the time of investment.

iii. Appreciation Option: Under this option the Unit Holder can seek redemption of an amount equal to or a specific percentage (%) of the periodic (i.e. monthly, quarterly or half yearly) appreciation or NAV growth, if any.

Only the Unit Holder of Regular Units can opt for systematic withdrawals subject to the following conditions:

The minimum withdrawal amount for fixed option shall be Rs. 1,000 for monthly and Rs. 3,000 for quarterly and half-yearly systematic withdrawals.

The Redemption Price applicable for Withdrawal Units will be the price calculated on the day of the withdrawal and such withdrawal dates are decided by the Unit Holder at the time of registration.

Systematic withdrawals shall not be allowed on pledge units, however, if part of the units of the Unit Holder is pledged, withdrawal on the remaining unpledged units shall be allowed.

In case the value of investments of the Unit Holder falls below Rs. 2,000, further withdrawal shall not be allowed.

Units under systematic withdrawal option shall not be issued in physical form.

Unit Holders can modify their withdrawal amount in the fixed option and specific percentage (%) in the appreciation option by filling out an Account Information Update Form and submitting to the Management Company or Distribution Company and their requests will be facilitated accordingly.

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