Royal Mutual Funds Inc Account Agreement

5. Each fund is or will be an open-ended investment fund trust or an open-ended investment fund that is a class of shares of an investment company. 13. A registered commercial agent of the spinner (a consultant) collects from each client “Know Your Client” information for each investment account (KYC information), such as. B the client`s financial circumstances, investment knowledge, investment objectives, time horizon and risk tolerance. 35. Automatic rebalancing trades involve withdrawals and purchases of securities from one or more selected funds on a client`s account. Additional investments involve the purchase of securities of one or more selected funds on a client`s account. Each of these purchases is a “distribution” in accordance with the legislation that triggers Fund Facts` delivery requirement. Ii. verify the selected funds in their accounts to ensure that the selected funds remain appropriate; and 33. Customers receive an email notification whenever a rebalancing automatic exchange takes place on their account.

This notification informs the client that their portfolio has drifted beyond the allowed range and that the filter has entered into automatic rebalancing trades in order to bring the balance of the selected funds back to the target fund allocations. The notification also prompts the client to log in to their online account to check the details of the automatic rebalancing trades and inform them that the details of these automatic rebalancing trades will be displayed on their next quarterly statement of account. 2. The filtr is registered as an investment fund dealer in each of the Canadian jurisdictions and is a member of the Mutual Fund Dealers Association of Canada (MFDA). one…