Joint Mutual Funds Subscription Form.

Personal Information (Signatory 1)

Attach Passport Photo

Title

Gender:

Full Name of Individual

Address

Mobile Phone Number

Home/Office Phone No.

Email Address

Date of Birth

Nationality

Mother’s Maiden Name

Next of Kin Full Name

Next of Kin Relationship

Next of Kin Email Address

Next of Kin Address

State of Origin

LGA of Origin

Tax Indentification Number (TIN)

Employment Status

Employer

Designation

Expected source of funds to be investedOthers (Please specify)

Personal Information (Signatory 2)

Attach Passport Photo

Title

Gender:

Full Name of Individual

Address

Mobile Phone Number

Home/Office Phone No.

Email Address

Date of Birth

Nationality

Mother’s Maiden Name

Next of Kin Full Name

Next of Kin Relationship

Next of Kin Email Address

Next of Kin Address

State of Origin

LGA of Origin

Tax Indentification Number (TIN)

Employment Status

Employer

Designation

Expected source of funds to be investedOthers (Please specify)

PEP Declaration

Are you a Political Exposed Person*** or Affiliated to a Politically Exposed Person?

YesNo

If Yes, provide details

Politically Exposed Persons (PEP) means: (1) a prominent public figure who is a natural person currently or formerly entrusted with a senior public role or function (e.g., a senior official in the executive, legislative, military, administrative, or judicial branches of government, traditional and/or royal title holders); (2) an immediate family member, which includes as the spouse/partner, parent, grandparent, sibling, child, step-child, or in-law of a prominent public figure; (3) a known close associate, which includes those individuals that are widely- and publicly-known to maintain a close relationship to the prominent public figure. These known close relationships can occur with anyone and in any capacity, but some examples include distant relatives, advisors, partners outside the family unit, employees, business associates and representatives/agents. (4) Prominent religious institutions and their leadership structure.

Investment Details

Cordros Money Market Fund - Amount to be invested (₦)

Minimum initial subscription is 100 units

Quarterly dividend distribution should be

Cordros Halal Fixed Income Fund - Amount to be invested (₦)

Minimum initial subscription is 25 units

Annual dividend distribution should be

Cordros Milestone Fund - Amount to be invested (₦)

Minimum initial subscription is 25 units

Annual dividend distribution should be

Cordros Fixed Income Fund - Amount to be invested (₦)

Minimum initial subscription is 25 units

Annual dividend distribution should be

Cordros Dollar Fund - Amount to be invested ($)

Minimum initial subscription is 5 units

Annual dividend distribution should be

Bank Details

Bank 1 (Main Account)

Account Number 1

Bank 2 (Main Account)

Account Number 2

Branch Name

Account Name

Account Type

BVN

Signature Mandate

Please state the authorized signature mandate: (E.g. A and B to sign, either of the signatories, all signatories…)

SIGNATORY’S NAMESPECIMEN SIGNATURE

SIGNATORY DESCRIPTION (i.e. A or B)

SIGNATORY’S NAMESPECIMEN SIGNATURE

SIGNATORY DESCRIPTION (i.e. A or B)

Declaration

I declare that I am at least 18 years old

I We am acting on behalf of my child/ward.

That past performance is not a guide to future returns. The value of investments and income from them may go down as well as up.

I agree that:

The redemption process takes 3-5 working days and a draft or fund transfer is made in favor of the unit holder (as the name appears on this form and all requests for redemption shall be on the redemption form.

• You agree that all transactions carried out on your account are subject to the provisions of the Money Laundering (Prohibition) Act 2011 of the Federal Republic of Nigeria and hereby agree to carry out your responsibilities under the Act. Furthermore, you agree that Cordros is required by regulation to report all suspicious transactions to the relevant regulatory bodies.

• Cordros reserves the right to record any telephone conversations between you and any member of Cordros’ staff and you acknowledge that this is in line with international best practice and shall be done solely for the purpose of resolving any disputes which may arise concerning telephone advice or instructions.

• All redemption proceeds shall be transferred to the dedicated Bank Account Number provided by you in this form only and Cordros is not obligated to honor any other bank account other than that provided by you, unless you have taken steps to substitute the bank account on our records in writing by completing the update form, which content shall take effect immediately upon submission. Please note that third party payments are not allowed and Cordros is not obligated to honor such requests. All redemption proceeds shall be paid only to the registered beneficiary’s account.

• Should you have cause to suspect that your bank account details have been compromised by unknown third parties, you are obligated to inform us immediately, failure of which Cordros will not be held responsible for any fraud committed on your chosen bank account subsequent to the transfer of your redemption proceeds.

• The client agrees and authorizes Cordros without reservation to make third-party enquiries about his/her person and business now or at any time in future in order to satisfy all required Know your Customer (“KYC”) obligations statutorily imposed from time to time on Financial Institutions in the Federal Republic of Nigeria.

• You permit us to issue notices required in relation to the operation of your account, legislation or regulation by making such notification available via our communication systems or sending such notification by email, SMS or similar future technologies. Any notices so issued by us, will as far as they contain contractual terms relating to your Cordros Money Market Fund Account, also form part of this agreement.

• In the unlikely event that you are dissatisfied with our services, you are to bring such dissatisfaction to our attention, and such complaints received by Cordros will be treated timeously in accordance with Cordros’ Client Complaint Management Policy and applicable rules and regulations.

• Cordros shall take all reasonable precautions to preserve the integrity and prevent any unauthorized use or loss, damage or destruction of your data and information.

• Cordros shall not be liable for any delay in performance attributable to a cause beyond its reasonable control, and it is agreed that force majeure shall mean acts of nature such as earthquake, floods, tornadoes, fire; actions or inaction of government; war, civil disturbance, insurrection, vandalism, sabotage; strikes or other industrial disputes; exchange or market rulings; any act neglect or default of the other Party, or any cause outside Cordros’ reasonable control.

• You declare that you are the sole beneficial owner(s) of the funds/assets to be deposited within the Fund. You also acknowledge that the funds and source of such funds are legitimate and not directly or indirectly the proceeds of any unlawful activity.

• You also agree to be bound by any review, changes or amendments made to the terms and conditions stated in this document, which may occur from time to time. Provided you receive written notification of such changes via your agreed means of communication.

Email Indemnity

I hereby consent to the use of electronic mail, and by this consent, I/we unequivocally agree that instructions transmitted by electronic mail be binding for all purposes, including for purposes of evidence. I/We irrevocably undertake and warrant that I/We shall not make any demand or claim, or institute any action against Cordros Asset Management Limited (Cordros) should I/We suffer any loss or liability as a result of my/our consent to the use of electronic mail.

I/We agree to indemnify and hold Cordros harmless against all claims, demands, actions and proceedings which may be made or instituted against Cordros; and all liabilities, losses, damages which may be suffered by Cordros in connection with or arising as a result of my/our consent to electronic mail or Cordros’ reliance on any instruction issued from my/our email account indicated herein or subsequently communicated by me/us or my/our nominated investment adviser or any other person I/we authorize to manage my/our account.

Signed on

AUTHORIZED SIGNATORY 1

AUTHORIZED SIGNATORY 2

Data Privacy

I hereby consent that my personal information may be processed to enable the company fulfil its obligations or perform services in operating my account. I assert that my personal information belongs to me and I can request for details on the information that was collected, to confirm or correct any inaccuracies. I agree and accept that where the need arises, my information may be shared or transferred to a third-party service provider of the Cordros group or affiliates who provide services in connection with the operation of the business. Cordros guarantees that any information to be shared or transferred shall be strictly confidential and will not be kept longer than necessary for the purpose it was collected, save and except where such information is required to be retained by law. Clients can also opt out of our services at any time by sending an email to [email protected].

Document Checklist

Duly completed Subscription form
Valid means of Identification of the applicant/signatories. E.g. Drivers license/International passport/National Id card
Utility Bill (Not more than 3 months old) showing residential address of account holders.
Passport photo of the applicant/Signatories
Birth Certificate (for minors)
Certificate of registration with Special Control Unit on Money Laundering (SCUML) (for Designated Non-Financial Banks & Persons only)