Allianz Global Investors Premier Funds - Fundsupermart.com

8.7 Confirmation of purchase
A trade confirmation will be sent to Holders within 7 Business Days of the receipt and
acceptance of their application by the Managers.
8.8 Issue of Units
(a)
(b)
The Managers have the exclusive right to effect the creation and issue of Units in the
Sub-Fund and the acceptance or non-acceptance of applications for purchase of
Units are at the absolute discretion of the Managers acting in consultation with the
Trustee and in the best interest of the Sub-Fund. If any application is rejected by the
Managers, the subscription moneys will be refunded (without interest) to the
applicant within a reasonable period of time in such manner as the Managers may
determine. No certificates will be issued by the Managers unless requested for by the
investor and subject to a fee of S$30 (or such other amount as the Managers may
determine).
The Managers may, in consultation with the Trustee and in accordance with the
Deed, from time to time invite the public to apply for Units of the Sub-Fund at a fixed
price in accordance with the provisions of the Deed.
8.9 Cancellation of subscriptions by new subscribers
(a)
(b)
A new subscriber (as defined in Paragraph 8.9(b) below) will have the right to
cancel his subscription of Units (which shall include an agreement to participate in
a regular savings plan (“RSP”) under Paragraph 9 of this Prospectus) within 7
calendar days of the date on which he signed the subscription agreement or such
other longer period as the Managers may allow or the Authority may prescribe (the
“Cancellation Period”).
A “new subscriber” is an investor who:
(i)
(ii)
(iii)
is an individual;
is not an existing Holder who is purporting to cancel a subsequent
subscription of Units made after the Cancellation Period applicable to his
initial subscription of Units; and
is not an existing Holder participating in a RSP and effecting a second or
subsequent payment towards the RSP.
(c)
(d)
(e)
A cancellation request form is included with the Application Form for the
subscription of Units or may be obtained from the Managers or their approved
distributors.
The new subscriber must exercise his right to cancel his subscription of Units within
the applicable Cancellation Period, by sending a cancellation request to the
Managers or their approved distributors by hand or post. The relevant date for
determining whether a cancellation has been exercised within the Cancellation
Period is the date on which the cancellation request was delivered by hand or was
posted (as determined by its postmark). Where the last day of the Cancellation
Period falls on a Sunday or a public holiday, the Cancellation Period is deemed to be
extended to the next calendar day, not being a Sunday or public holiday.
A cancellation request received by the Managers or their approved distributors on or
before 3.00 p.m. on a Dealing Day will be deemed to have been received on that
9