absa unit trust

8/12/2019 Absa Unit Trust

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Total amount enclosed

INVESTMENT PLAN [please tick () the appropriate box]

INVESTOR DETAILS

Product Application: Absa Unit Trusts including Absa Money Market Fund *

If current investor, unit trust account number

Title Surname

Absa Fund Managers Limited, Reg No 1991/000881/06

ABSA 1095 EX Authorised Financial Services Provider Reg No 330 ABSA (08/02/2012)

PO Box 6115, Johannesburg 2000 Fax No (+27 11) 480 5440 / Service Line: 0860 111 456

First name(s)

ID type RSA

Initials

Passport Other (Please specify)

Identity number

Telephone number

MonthlyDebit Order

Lump SumInvestment***Maximum

AnnualService Fee

Maximum

AdvisersOngoing Fee

Initial Fee:Total

Initial Fee:Adviser Fee

Initial Fee:Service Fee

0% Max 3,42% 0-3,42% 1,71% R0,29%

0,29%

0,17%

0,17%

0,17%

0,17%

0,29%

0,17%

0,17%

0,29%

0,29%

0,29%

0,29%

0,29%

0,29%

0,29%

0,00%

0,17%

0,29%

0,29%

0,29%

0,17%

R

R R

R R

R RR R

R R

R R

R R

R R

R R

R R

R R

R R

R R

R R

1,71%

0,86%

1,00%

0,86%

1,14%

1,71%

0,86%

1,43%

0,57%

0,86%

1,71%

1,14%

1,71%

0,86%

2,28-5,70%

0-3,42%

0-3,42%

0,40-1,54%

0-3,42%

2,28-5,70%

0-1, 14%

0-3.42%

0,16-0,40%

0,40-1,54%

0-3,42%

0-3,42%

0-3,42%

0,40-1,54%

Max 3,42%

Max 3,42%

Max 3,42%Max 1,14%

Max 3,42%

Max 3,42%

Max 1,14%

Max 3,42%

0,24%

Max1,14%

Max3,42%

Max3,42%

Max 3,42%

Max1,14%

2,28%

0%

0%

0,40%

0%

2,28%

0%

0%

0,16%

0,40%

0%

0%

0%

0,40%

Absa Absolute Fund

Absa Balanced Fund

Absa Bond Fund

Absa Cautious Fund of FundsAbsa Euro Income Fund

**Absa Flexible Fund

Absa General Fund

Absa Income Enhancer Fund

Absa Inflation Beater Fund

*Absa Money Market Fund

Absa Pound Sterling Income Fund

Absa Property Equity Fund

Absa Rand Protector Fund

Absa Select Equity Fund

Absa US Dollar Income Fund

% Fees Inclusive of VAT

US Persons Policy

In terms of Absa Group policy,Absa Fund Managers is strictly prohibited from transacting with US Persons (refer to the US Persons Disclosure contained in the Terms and Conditionsof the application form for an explanation of who are US Persons).

Please tick () the appropriate box:

I am not a US person

R R1,43%0-1, 14%Max 0,57%0,57%Absa Global Bond Fund

R R

Note: A detailed overview is attached

*Conditions apply,please see Terms and Conditions **Performance fees apply,see Terms and Conditions***The Annual Service Fee includes the financial advisers ongoing fee

CONFIDENTIAL

I am a US person

To be accompanied by the relevant CIF client information form and substantiating documentation that complies with legislation. Please complete this application form in blockletters and use a black pen.

R R

R R

R R

R R

1,71%

1,71%

1,71%

0-3,42%

0-3,42%

0-3,42%

0-3,42%

Max 3,42%

Max 3,42%

Max 3,42%

Max 3,42%

0%

0%

0%

0%

Absa Managed CPI + 3% FoF




R R

1,71%

1,71%0-3,42%Max 3,42%0%Absa Managed Fund

R R1,71%0-3,42%Max3,42%0%Absa International Fund

0,29% R R1,71%1,14%-4,56%Max3,42%1,14%Absa Prudential Fund of Funds

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DC

Please tick () the appropriate box. Income distributions of less than R50 will automatically be reinvested.

If to be invested in units

Name of Bank

OR

INCOME INSTRUCTION

In respect of regular debit order investments only

Please increase my regular investment by: 10%

AUTOMATIC ANNUAL INCREASE

I, the undersigned,request and authorise Absa Fund Managers to arrange with my bank for the amount mentioned below, including any charges which could be made during the

term of investment, to be drawn from my account in accordance with the debit order system.

Name of drawer (Prof/Dr/Mr/Mrs/Miss) or Company

DEBIT ORDER (RECURRING)

15% 20%

Account type Current Savings Transmission


Account number Branch code

Name of Bank

I select the following bank account as the account to which all redemptions are to be paid.

DIRECT CLIENTS

1 Hour after submission of your application form,kindly contact0860 111 456 for banking details and your unique reference in order to make your deposit.

BRANCH CLIENTS

Please speak to a branch consultant/enquiries in order to have your application processed and to receive banking details and your unique reference in order to make your deposit.

REDEMPTION BANK ACCOUNT DETAILS (completion of this section is mandatory)

LUMP SUM

The amount of (R)

Please Note

Please attach proof of bank details (e.g. copy of bank statement or cancelled cheque). If the payer is a company, an authorised official must sign across the company stamp. There is a 40 working day holding period applicable to all debit order instructions.

must be deducted on the day of the month from

Account number Branch code

If income not reinvested,please pay to:

Signature Date

M M DC Y Y / /

DC

Name of drawer (Prof/Dr/Mr/Mrs/Miss) or Company


Name of Bank Account number Branch code

Signature Date

M M DC Y Y / /

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TERMS & CONDITIONS

INTERPRETATION

In this application form unless the context requires otherwise:

- a reference to one gender includes reference to all other genders.- the singular includes the plural and vice versa.- a natural person includes a juristic person and vice versa.

GENERAL

Collective Investment Schemes in Securities (unit trusts) are generallymedium- to long-term investments,the value of participatory interests (units) maygo down as well as up and past performance is not necessarily a guide to futureperformance.

Units are traded at the ruling price and forward pricing is consistently applied.

Units in unit trust portfolios may engage in borrowing and scrip lending.

All references to unit trust portfolios are to the unit trust portfolios of the AbsaUnit Trust Scheme.

Unit trust portfolio prices are calculated on a net asset value basis, which is thetotal value of all assets in the unit trust portfolio including any income accrual andless any permissible deductions from the unit trust portfolio.

A constant unit price of R1,00 will be maintained in the Absa Money Market Fund.The yield is calculated using an annualised seven day rolling average. Income isdistributed monthly and any income may be paid out into an account asnominated by the investor or be represented by additional units.

Where the investor wishes to inform Absa Fund Managers of the cancellation ofthe ongoing advice fee, the investor must provide written notification to AbsaFund Managers.

Investments in the selected unit trust portfolios will be placed in either Class R orClass A units with different applicable fees and charges, according to the policy of

Absa Fund Managers. Certain unit trust portfolios are permitted to be closed and may be closed for new

investments from time to time.

Unit trust portfolios maybe affected by uncertainties such as changes ingovernment and taxation policies and other regulatory developments, the effect ofwhich could result in the closure of unit trust portfolios for new investments.

The tax-exempt status of dividend income may at sometime in the future bechanged by SARS.

Foreign interest and dividends as well as foreign currency movements affectingcapital may be fully taxable under current legislation.

A fund of funds unit trust portfolio only invests in other unit trust portfolios, whichlevy their own charges.

Absa Fund Managers may borrow up to 10% of the market value of a unit trustportfolio to bridge insufficient liquidity.

Absa Fund Managers reserves the right to withhold processing of any unclear,incomplete or ambiguous requests forwarded by the investor or his representative.

Repurchase payments will be made to the investor only in his elected account. Nothird party payments will be allowed.

Quarterly portfolio reports are available on request.

Should any guarantees be furnished against price fluctuations, this shall be by aparty other than Absa Fund Managers.

Absa Fund Managers is a full member of the Association for Savings andInvestment SA.

All requests for transactions received on or before 16h00 every day will be tradedat ruling prices and valued after 16h00 on that day. Requests received after 16h00will be valued as at the next day.

This application constitutes an agreement and a copy hereof is available and willbe provided on request.

Directors and personnel of Absa Fund Managers may be invested in any of the unittrust portfolios at any time.

Absa Fund Managers holds professional indemnity cover.

U.S. PERSON DISCLOSURE

I represent and warrant, with respect to my investments which I subscribe for now or inthe future, that I:

am not a U.S.Personi.e.

(i) Any citizen of the United States or natural person resident in the United States,

(ii) any partnership or corporation organised or incorporated under the laws of theUnited States,

(iii) any estate of which any executor or administrator is a U.S Person,

(iv) any trust of which any trustee is a U.S. Person,

(v) any agency or branch of a foreign entity located in the United States,

(vi) any non-discretionary account or similar account(other than an estate or trust)held by a dealer or other fiduciary for the benefit or account of a U.S. Person,

(vii) any discretionary account or similar account (other than an estate or trust)held by a dealer or other fiduciary organised, incorporate,or (if an individual)resident in the United States, and

(viii) any partnership or corporation if:

(a) organised or incorporated under the laws of any foreign jurisdiction and

(b) formed by a U.S Person principally for the purpose of investing insecurities not registered under the Securities Act of 1933 of the UnitedStates of America (the Act),

will notify the Absa Fund Managers if I become a U.S. Person at any time duringwhich I hold any of the unit trust portfolios.

acknowledge and accept that Absa Fund Managers will be entitled to terminatethis relationship should I become a US Person.

CONFIDENTIALITY

The parties agree that Absa Fund Managers shall not be entitled to disclose personalinformation obtained from the Investor to any person or entity other than to anemployee, the Absa Group, a professional adviser or consultant unless the priorwritten consent of the Investor has been obtained or disclosure of such personalinformation is required by law or court order.

Absa Group means, for the purposes of this application form,Absa Group Limited andall subsidiaries, and associates of the Absa Group, other than Absa Fund Managers.

ELECTRONIC AND TELEPHONIC BANKING

Absa Fund Managers is a part of the Absa Group and utilises the Absa Groupselectronic and telephonic banking platform.

The use of a PIN number in electronic and telephonic banking has the effect ofreplacing your signature.

Electronic and telephonic transactions will be recorded in the interest of all parties.

These records will be retained for a period of 5years.

Information provided by Absa Fund Managers or its agents by any electronicmeans including information contained on its website does not constitute advice.

The Absa Group will not be liable for any claim and all future claims which I mayhave resulting from conducting my business through any electronic means and Ihereby consent to Absa Group taking any security precautions it may considernecessary, including magnetic recordings and storage of instructions.

I waive any right and entitlement to provide repurchase instructions in writingwhere I request such repurchase telephonically for payment into my indicatedbanking account.

FEES

Transactional charges will apply for cheque and cash withdrawals from ATMs andAbsa Bank branches where account balances are below R100 000 on the AbsaMoney Market Fund.These transactional charges are applied by Absa Bank and willaccrue directly to Absa Bank Ltd and not Absa Fund Managers Ltd.

Brokerage and securities transfer tax, auditors fees, bank charges, trustee andcustodian fees and RSC levies are levied against the portfolio.

An annual management fee of 1,00% (incl VAT) plus a per formance-based fee willbe calculated and accrued daily against the assets of the Absa Flexible Fund. Theperformance fee is equal to 20% of the portfolios out performance of an amount

at least 4% above inflation (CPI) when the fund returns meet or exceed thisbenchmark.

INVESTOR DECLARATION

Absa Fund Managers shall not be liable for any loss or damage suffered by myinvestment in any unit trust portfolio, which includes,but is not limited to any lossas a consequence of the reduction in value of this investment and any changes totax legislation which I may suffer.

I hereby confirm that all information provided herein is complete, up-to-date andcorrect.

I have read and understood the contents of this application form and agree to bebound by the terms and conditions contained herein.

I warrant that I have full power, authority and capacity to enter into and sign thisapplication form, with the necessary assistance where such assistance is a legalrequirement.

I confirm that I have read and understood Absa Groups Terms of use for electronictransacting.

I am aware that the Absa Unit Trust Scheme does not offer cooling-off rights.

I am aware of and agree to payment of all costs relating to investing in unit trustportfolios.

I confirm that Absa Fund Managers did not, nor shall in the future,provide me withany advice in respect of this or any application to invest in unit trust portfolios.

I confirm that I am aware of, understand and accept the risks associated withinvesting in unit trust portfolios in which I may choose to invest.

I confirm that I am aware that either party may change their contact addressprovided that such a change shall only be effective on receipt by the other party ofproof of such change of address.

I acknowledge and accept that Absa Fund Managers has appointed Absa BankLimited to process all applications and client instructions through its branchnetwork on behalf of Absa Fund Managers.

I acknowledge and accept Absa Fund Managers processes all client information onthe Absa Bank Limited client information system.

I confirm that I am aware that I need to inform Absa Fund Managers if any of my

details change as required by the Financial Intelligence Centre Act38 of 2001.

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The Investor hereby consents to the Absa Group and Absa Fund Managers marketing to it carefully selected products and services which may be of interest to the Investor. Thisconsent shall apply unless the Investor expressly withholds such consent by ticking the box below.

MARKETING CONSENT

Before signing ensure that all entries have been completed or deleted as applicable.

SIGNATURE OF INVESTOR

Name of Financial Services Provider / Brokerage

FINANCIAL SERVICES PROVIDER DETAILS

I hereby confirm that the below detailed Financial Adviser is my appointed Financial Adviser and authorise the payment to my Financial Adviser,by Absa Fund Managers of theinitial fee and/or ongoing advisory fee as reflected below:

Fund name Adviser fee: initial fee Adviser fee: ongoing fee

FINANCIAL ADVISER FEES

Complaints may be lodged in writing with Absa Fund Managers at the address on the bottom of the first page of this form. If an investor is not satisfied with the response fromAbsa Fund Managers or if an investor has a complaint about the advice given by the Financial Adviser, he has the right to address his complaint in writing to the Ombudsman forFinancial Services Providers:

PO Box 74571 Telephone: +27 12 470 9080Lynnwood Ridge Fax: +27 12 348 34470040 E-mail: [email protected]

COMPLAINTS

Please exclude me from direct marketing campaigns from the Absa Group.

Please exclude me from direct marketing campaigns from Absa Fund Managers.

Financial Services Provider/Brokerage code

Bank Branch

FSB Licence number

I hereby declare that:

1) I am a licensed Financial Services Provider and have made the disclosures to investors as required by the Financial Advisory and Intermediary Services Act37, 2002.

2) I, in my capacity as the primary accountable institution and acting as the duly authorised representative of the common investor, have established internal rules andprocedures for the identification, verification and record keeping obligations as required by section 21 and section 22 of the Financial Intelligence Centre Act,38 of 2001.I confirm that I have identified and verified the true identity of the investor. Attached please find certified copies of the documents evidencing the legal structure and existenceof the investor.

3) I am not aware of any activities in which the investor is involved which may lead me to suspect or reasonably suspect that the Investor is or may be involved in any unlawfulactivities or in money laundering. Should I subsequently become aware of suspicions of this nature,I shall immediately inform Absa Fund Managers.

4) I subscribe and adhere to the fit and proper requirements and other statutory obligations and criteria imposed by applicable legislation covering advice dispensed and/orintermediary services rendered to investors.

5) to the best of my knowledge the investor is not a US Person.

6) I have explained all fees that relate to this investment to the investor.

PR number

DC

Signature of Investor [or duly authorised person(s) where applicable] Signature of Legal Guardian (If applicable)

Date M M DC Y Y / /Signed at

Financial Adviser Signature

DC

Date

M M DC Y Y / /

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absa unit trust

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