Set of Documents for Mutual Fund Account Opening

Transcription

1 Set of Documents for Mutual Fund Account Opening - Application Form for Opening of Fund Unit Trading Account - Investment Risk Level Assessment Form - Brokerage or Agency Agreement - Letter of Acknowledgement of Rules, Conditions and Procedures for Over-the- Counter Market Fund Unit Trading - Investor s Manual (Omnibus) CIMB Securities (Thailand) Co., Ltd. No , Sinthorn Tower 2, 1 st and 2 nd Floors, and Sinthorn Tower 3, 12 th Floor, Wireless Road, Lumpini Sub-district, Pathumwan District, Bangkok Metropolis Telephone: (66) Fax (66)

2 Investment Suitability Test Form Date:... Client s name & surname:... A/C No... Investment Consultant:... Branch..... In order to comply with the policies of the Office of the Securities and Exchange Commission and to provide the client with a n evaluation on his/her investment risks acceptance and awareness of the category of securities / fund / debt instrument which is appropriate to client s investment, since the provision by the Client of truthful, correct, up-to-date and complete information as requested by the Company shall have affects to the provision of Company s services or advice provide to each client, the Company hereby seeks your cooperation in answering an investment suitability test form truthfully as follows: Question No. 1-10: To Test Your Investment Suitability 1. How old are you now? Over 55 years years years Below 35 years 2. What is the current proportion of your financial burdens and regular expenses, such as house and car purchase install ments, personal expenses, family support? More than 75 percent of total income 25 percent to 50 percent of total income 3. What is your current financial status? 50 percent to 75 percent of total income Less than 25 percent of total income Assets being lower than liabilities Assets being greater than liabilities Assets being equal to liabilities 4. What is your previous experience in or knowledge of investment in any of the following group of assets? (Can answer be more than 1 choice? If there are many answers, the answer with the highest points shall be selected as the sco re calculation basis.) Being confident that your savings or investments are sufficient for living after your retirement Bank deposits Debentures or fixed income fund 5. How long that you expected not require to use the fund allocated for investment? Less than 1 year 3 to 5 years 6. Your main objective of investing is: Emphasize on secure investment yielding regular income despite its low return; Emphasize regular income with higher risk to loss more principal; Government bonds or government bond funds Natural shares or equity funds or other high-risk assets 1 to 3 years More than 5 years Emphasize regular income with fairly risk to loss some principal; Emphasize on the highest income in long term, with risk to loss majority of principal; 7. Having considered the figure showing returns on the possible portfolios below, in which portfolio are you most willing to invest? Profit Loss No. 1: with the possibility of receiving 2.5% returns without any loss. No. 2: with the possibility of receiving 7% returns with a possible loss 1% No. 3: with the possibility of receiving 15% returns with a possible loss 5% No. 4: with the possibility of receiving 25% returns with a possible loss 15% 8. What is your opinion, If you choose to invest in assets with the possibility of receiving high return despite high risk to loss? Are worried and anxious; afraid of losses Understand and accept a certain level of volatility Feel uncomfortable, but understandable Do not worry about the possibility of high loss and expect highter return. 9. What proportion of decrease in the value of your investments that makes you feel worried or unacceptable? 5% or less Over 5% to 10% Over 10% to 20% Over 20% 10. If last year you invested 100,000 THB but this year you found that the value of your investments decreased to 85,000 THB, wha t will you do? f Are frightened and want to sell off the remainder of your investmen t; Continue holding them patiently and wait for a self-adjustment of the returns to their former status. Worry and will adjust part of your investment to lower-risk assets Remain confident and understand long-term investment and will add funds in the same manner f for cost distribution

3 Question No , Additional Information Supporting the Provision of Advice (Not Included as Score) To be used only where an investment is to be made directly in derivatives and equity-linked notes 11. If the investment in derivatives and equity-linked notes becomes successful, you will receive returns at a very high rate. But if the investment fails, you may lose all of your investments and may b be required to make a partly investment in compensation. Can you accept this risks? Not acceptable Slightly acceptable Acceptable To be used only where an investment is to be made abroad 12. In addition to the investment risk, can you accept foreign exchange risks? Not acceptable Slightly acceptable Acceptable Part1: Criteria for Score Calculation = 1 Score = 2 Scores = 3 Scores = 4 Scores For No.4, if there are many answers, The answer with the highest score shall be selected. For score calculation, only score of No.1-No.10 shall be included. Part 2: Suitability Test Result Score Level Type of Investor Below 15 1 Low Risk Medium to Low Risk Medium to High Risk High Risk 37 or More 5 Very High Risk Part 3: Advice on Basic Asset Allocation Type of Investor Deposits and Short- Term Debt Securities Government Debt Securities with a Term Exceeding 1 Year Proportion of Investment Corporate Debt Securities Equity Securities Alternative Investment* Low Risk >60% <20% <10% <5% Medium to Low Risk <20% <70% <20% <10% Medium to High Risk <10% <60% <30% <10% High Risk <10% <40% <40% <20% Very High Risk <5% <30% >60% <30% *Including Commodities and derivatives The Client consents to provide information to the Company staff to support the preparation of a Suitability Test form for the Client, and the Client acknowledges that this questionnaire has been prepared for the purposes of acknowledgement of investment risks acceptable to him/her/it. The assessment of the level of investment risks of the Client is based only on information provided by the Client to the Comp any staff. However, this does not indicate that the Company accepts the accuracy, truthfulness, completeness or reliability of the information so provided by the Client and of the result of such as sessment. When the Company staff has assessed the investment risk of the Client and notified the Client of the result of the assess ment of the level of his/her/its investment risk, the Client is deemed to acknowledge the result of his/her/its assessment (which has been processed from the information provided by the Cli ent to the Company), and the Client has acknowledged the level of his/her/its investment risk. The Client should study investment-related information (including warnings about investment and investment risks, and should seek investment advice from those w ho are able to provide investment advice to you) carefully and thoroughly, concurrently with studying the result of the investment risk assessment, so as to use them to support his/her/its deci sion to invest in securities, derivatives, instruments or other types of investment that are appropriate for him/her/it, before dec iding to invest. Notwithstanding, information about investment or instruments, which has been received from an agent of the Company (if any) is merely a part of the information supporting the Client s decision for investment. Investment depends on a decision of the Client himself/herself/itself and is not tied to the result of the Client s assessment, and it may not conform to t he level of investment risks so received under this Test Form. In addition, the Client consents to accept a risk resulting from his /her/its investment in the event he/she/it has decided to invest at a higher level of risk than that based on the assessment result. The Client is deemed to agree and consent to take such investment risk himself/hers elf/itself. The Client accepts that his/her/its investment may not be in accordance with the assessment result and can deviate from it. The Company, including its employees and officers, assumes no liability, obliga tions or dutie s for any damage resulting from the Client s investment. The Company reserves the right to alter, update or change the Form of Risk Assessment for the Client s investment, assessment results and relevant information without having to give prior notice in any way. The Suitability Test Form including relevant information is available for service only for investors in Thailand. The Client, having read the warnings and relevant information above, understood and agreed and consented to the warnings and relevant terms of agreement. In case of Client s Interview Name Surname(Interviewer)... Date...Time Client Date / / Company s Tel. No. Used Client s Tel No. Used... Investor Contact For a large juristic person client who does not desire to take an evaluation I am a high net worth investor, my status is juristic person, and my shareholders equity under the latest year s financial statements exceeds one hundred million Baht or my latest year s investments in securities or derivatives exceeds twenty million Baht. I do not wish o evaluate the suitability for any investment or transaction. To affix common seal (if any) Signature...

4 Application Form for Opening of Fund Unit Trading Account Please insert information in printed letters and attach fully the documents specified. Customer Code: Name of Investor Contact:.. [ ] Head Office [ ].. Branch Date: To: The Chief Executive Officer CIMB Securities (Thailand) Co., Ltd. I hereby desire to become a customer trading fund units with CIMB Securities (Thailand) Co., Ltd. For this purpose, I provide such details and information as set out in this document, and I warrant and confirm that they are complete and true to fact in every respect. In the event of a subsequent change in any of such information, I will so notify the Company in writing immediately. General Information In the Event of a Juristic Person: [ ] Limited Company [ ] Public Limited Company [ ] Limited Partnership [ ] Registered Ordinary Partnership [ ] Other:. Juristic Person Name: (In Thai). (In English). Certificate of Registration from: Ministry of Commerce Ministry of Interior, No., Date of Registration: Province/Country of Registration:. Specific Business License (if any) No.. Type of Business: Taxpayer s ID No... Place of Contact/Location: Telephone:... Fax:.. Names of Authorized Directors Signing to Open the Account: 1..., Nationality:. 2..., Nationality:. Names of Shareholders Representing 20 or More Percent of Registered Capital: 1.., Holding Percent Shares, Nationality:. 2., Holding Percent Shares, Nationality:. Names of Shareholders with 50 Percent Shares of Juristic Person above: 1.., Holding Percent Shares, Nationality:. 2., Holding Percent Shares, Nationality:. Has the enterprise information about a report on a transaction with a reasonable ground to suspect? [ ] Yes, that is.... [ ] No Relationship with a Politician: [ ] Yes (Please specify).. [ ] No Name of Contact Person: Mobile Phone: . In the Event of a Natural Person: [ ] Mr. [ ] Mrs. [ ] Miss [ ] Other: Specify... Name: (In Thai).. (In English).. Date of Birth: Age: Years Nationality: Country of Residence:... Identification Card Public Servant s ID Card Passport Other:.. No. Issued by Date of Issue: Expiry Date:. Taxpayer s ID No.. Record of Change of Name over the 3-Year Period: [ ] Yes (Please attach evidence.) [ ] No Marital Status: [ ] Single [ ] Married [ ] Widowed [ ] Divorced Name of Spouse:.. Occupation:. Position:... Place of Work: Telephone: House Registration Address:. Postcode:... Present Address (if different from house registration):

5 Postcode:... Home Phone:.. Mobile Phone:. Fax:. .. Highest Education:.. Field: Institute:. Country:.. Your and/or Your Spouse s Political Position: [ ] Yes (Please specify).. [ ] No Purpose of Investment: [ ] Speculation [ ] Dividend [ ] Other: (Please specify)... Source of Funds/Income: [ ] Personal Business [ ] Salary/Wages [ ] Dividend/Interest [ ] Savings [ ] Borrowing [ ] Inheritance [ ] Other:. Work Information: [ ] Business Owner [ ] Public Servant / State Enterprise Employee [ ] Company Employee [ ] Bank / Financial Institution Employee [ ] Securities Company Employee [ ] Other: Place of Work:.. Type of Business:. Position:.. Working Life:.. Years Workplace Location: Postcode:... Telephone: Fax:. Monthly Income: Other Incomes per Month: Baht Source of Other Incomes:. Property: 1... Value:.. Baht [ ] Unencumbered [ ] Encumbered 2... Value:.. Baht [ ] Unencumbered [ ] Encumbered Credit Line(s) Maintained with Bank(s)/Financial Institution(s): 1. Sum Limit: Baht 2. Sum Limit: Baht Other Securities Companies Contacted: 1. Company:.. Account Type: Sum Limit: Baht 2. Company:.. Account Type: Sum Limit: Baht Form of Identification of Applicant Record of Offenses Committed under the Money Laundering Law over the Past 3 years: [ ] Never [ ] Yes (Please specify) Beneficiary of the Final Stage of Transaction (Please specify): Name: Relationship: Person Having Control over the Final Stage of Transaction (Please specify): Name:.. Relationship: Person Authorized to Act on Applicant s Behalf (if any) (Please specify): Name: Relationship: (Please specify details in the power of attorney.) Methods of Receiving/Making Payment and Receipt of Privileges 1. Methods of Receiving/Making Payment Natural Person Juristic Person [ ] Debit/Transfer to ATS account of Bank [ ] Debit/Transfer to ATS account of Bank, Branch, Account Type:, Branch, Account Type:, No. No. (Please insert details in the request for bank deposit account debit (Please insert details in the request for bank deposit account debit (ATS), provided the bank account name is the same as one used for the (ATS), provided the bank account name is the same as one used for the opening of the account with the Company, and attach a copy of the opening of the account with the Company, and attach a copy of the page specifying the account name and number of the account book.) page specifying the account name and number of the account book.) [ ] Transfer via.. Bank, Branch, Account Type:, No. [ ] Payment received/made by cheque to be collected by a collector at [ ] registered [ ] present [ ] workplace address [ ] Other: 2. Receipt of Privileges (i.e. dividend, interest, including rights in money derived from securities) [ ] Money transfer into the ATS system as specified in 1 above [ ] Transfer into the account of Bank,.. Branch, Account Type:, No. (Please attach a copy of the page specifying the account name and number of the account book.) Note: In the event no account details are specified, the Customer allows the payment to be credited to the deposit account specified under the Methods of Receiving/Making Payment. Place of Contact / Document Delivery Place of Contact: [ ] Workplace [ ] House Registration Address [ ] Contact Address Needed for Trading (State):.. Telephone: Place of Document Delivery: [ ] Workplace [ ] House Registration Address [ ] Contact Address Needed for Document Delivery (State):

6 .. Telephone: Specimen Signature of Owner of Natural Person Account 1 2 Specimen Signature of Owner of Juristic Person Account (Person Authorized to Act on Juristic Person s Behalf) Director No. 1 Director No. 2 Specimen Seal of Juristic Person Specimen Signature of Attorney Acting for Account Owner (if any) 1 2 I agree that the Company is allowed to examine information on my creditability, financial position and debt payment records against any other persons; and that any other persons having my information as aforesaid is allowed to disclose it to the Company; and that the Company is allowed to keep such information, whether or not I am accepted as a customer and whether such information is kept by the Com pany itself or transmitted for storage at the Credit Bureau; and that the Company is allowed to disclose such information as it thinks fit. I hereby certify that the details above are true, correct and complete in every respect and that I have not opened the fund unit trading account for other persons. Customer s Signature Note: The Company reserves the right not to return the supporting documents to the Customer at all events. Documents Accompanying Fund Unit Trading (Copies to Be Certified True and Correct) Account Owner - Natural Person A copy of the identification card/public servant s card/passport A copy of the house registration 30-Baht revenue stamps A copy of a bank account for the last 6 months and/or other documents indicating financial position Account Owner - Juristic Person A copy of the identification card(s) of the director(s) or partner(s) A copy of the house registration(s) of the director(s) or partner(s) A copy of the Memorandum of Association Specimen signature(s) of person(s) authorized to sign on juristic person s behalf Financial statements of the last 2 years at least Minutes of a meeting for the opening of a fund unit trading account Other power of attorney (if any) 30-Baht revenue stamps A copy of the certificate of registration or a copy of the business license Attorney-in-Fact (in the event of authorization) A power of attorney A copy of the identification card/public servant s card/passport A copy of the house registration 30-Baht revenue stamps For Company Staff Use Investor Contact s Opinion Investment Background, Knowledge and Understanding:.... Limitations of Investment: Objective of Investment: Short-term Medium-term Long-term Other:.. Other Opinion:..... Investor Contact Chief of Dep. / Chief of Sec. / Team Leader Branch Manager / Chief of Marketing Dep.../../../../../../

7 Fund Unit Trading Agency/Brokerage Agreement Date:... This Agreement is made and entered into at CIMB Securities (Thailand) Co., Ltd., between CIMB Securities (Thailand) Co., Ltd., with its office located at No , Sinthorn Tower 2, 2 nd and 3 rd Floors, and Sinthorn Tower 3, 12 th Floor, Wireless Road, Khwaeng Lumpini, Khet Pathumwan, Bangkok Metropolis, hereinafter referred to as the Company on the one part, and..., hereinafter referred to as the Client on the other part. WHEREAS the Company carries on securities business, being granted a license to carry on securities business in the category of agency or brokerage for the sale and purchase of securities, the trading of securities or the distribution of securities which are fund units and being granted approval from the Office of the Securities and Exchange Commission for the performance of its duty as an agent to provide sale support, take redemptions and switch fund units according to law, as well as to give advice on investment and provide services regarding sales and purchases of fund units or any other related transactions; NOW, THEREFORE, the parties agree upon the terms and conditions as set forth as follows: Clause 1 Unless otherwise expressly specified in this Agreement, the terms as hereafter set out shall have the following meanings: Units means Mutual Fund units issued by a Mutual Fund under the Securities and Exchange Act B.E and shall include equity instruments, fixed income instruments, securities in a money market or such other products as may be specified in future by the Mutual Fund and/or the Office; Mutual Fund means a program of investment by collecting money of Unit buyers and managing it via a Management Company for the purpose of generating returns for the Fund; Management Company means an asset management company which has entered into a contract or has an agreement with the Company to act as agent providing sale support, taking redemptions and switching Units of a Mutual Fund in accordance with the conditions stipulated; Unit Switching means a redemption of Units of a Mutual Fund (Switching-out Fund) so that the proceeds thereof are applied to a purchase of Units of another Mutual Fund (Switching-in Fund); provided, however, that the Switching-out Fund and the Switching-in Fund may be under the management of the same Management Company or a different Management Company; Securities Exchange means the Stock Exchange of Thailand, including exchange markets for foreign securities; Office means the Securities and Exchange Commission, the Office of the Securities and Exchange Commission, The Thailand Clearing House Co., Ltd., The Thailand Securities Depository Co., Ltd. or any other agencies under the securities business laws; Company means CIMB Securities (Thailand) Co., Ltd., and shall include persons authorized to act on behalf of the Company, attorneys-infact, employees or persons entrusted by the Company under this Agreement; Service Provider means a juristic person whose agreement with the Company involves the receipt and transmission of trading orders or transactions of the Client via the internet network system of the service provider for the purpose of achieving the objectives under this Agreement;

8 2 Internet System means the performance of electronic transactions with the use of computers or electronic equipment interconnected among the networks of the Company, the Client, the Securities Exchange, the Office, the Management Company, and the Service Provider, which are able to communicate with one another for the purpose of buying, selling and switching Units, and shall include the performance of transactions related to the Agreement, searches of data or information, copying of data files and use of any other programs under this Agreement; Electronic Transactions means steps, procedures, actions and transactions caused by the Company and/or the Client or by both parties with the use of electronic procedures in whole or in part, according to the Electronic Transactions Act B.E or any other pertinent rules; Agreement-Related Transactions means transfers, taking of transfers, taking of delivery, delivery, or any other actions relating to the trading or switching of Units, including transactions related to the Securities Exchange, the Office and the Management Company; User Name means the name of a service user, who is a client authorized to gain access to the Internet System(s) of the Company and/or the Service Provider under this Agreement; Password means the password specific to a client, to be used to confirm that he/she is a person authorized to gain access to the Internet System(s) of the Company and/or the Service Provider under this Agreement. Clause 2 Clause 3 Clause 4 Clause 5 The Client agrees to appoint and authorize the Company as his/her agent and/or broker to trade in or switch Units, and the Company is also authorized to carry out transactions relating to the trading of Units on behalf of the Client under this Agreement. To this, the Client agrees and consents to be responsible for binding himself/herself to his/her Unit trading or switching orders in every respect. The Client may place verbal or written orders or issue orders via telephone, facsimile, computer or any other electronic communication equipment, the Internet System, or any other customary procedures for Unit trading, which are generally adhered to. When the Company has received a clear order without doubt, such order shall be deemed one duly issued by the Client and the Client accepts the consequence of such order as if it had been issued by the Client in person. In the event the Client desires to trade in or switch Units and/or to request the use of services via the Internet System, the Client shall consent to and comply with the conditions and procedures notified by the Company in its electronic media or on its website, which electronic media and website are either now present or would be amended in future, and the Company and the Client agree that they shall be deemed to constitute a part of this Agreement. The Client agrees to request the following services: (1) trading in Units via the Internet System; (2) receipt of documents via the Internet System; and (3) receipt/making of payments from/to the Company via an automatic system (ATS). The Client agrees to record any order in person by a computer or communication devices or electronic equipment and transmit his/her order via the Internet System to the Internet System of the Company. The Client accepts and understands well that trading or a transaction via the Internet System is deemed to constitute an exclusive right with the use of his/her User Name, Password and/or such other methods as specified by the Company, and that such trading or transaction shall be binding upon him/her in every respect. The Client agrees and consents to be responsible for those acts as if they had been performed by the Client in person. The Client warrants and confirms that he/she has knowle dge and understanding of the rules and procedures for trading and/or transactions via the Internet System and has good knowledge and understanding of risks that may occur in the Internet System. The Client is aware that it is the right of the Company to reject a Unit purchase order of the Client in the case where the Client incurs outstanding debts resulting from securities trading or where he/she owes any other debts to the Company or in any other event of necessity for the purpose of protection against damage that may be caused to the Company. In this connection, the Client agrees to waive all rights to be brought up as defenses against the Company in every respect.

9 Clause 6 Clause 7 Clause 8 The Client agrees to pay to the Company for the purchase of Units, including such fees, value-added tax and other expenses as required by the Company in every respect. In the event the Client has failed to pay for the purchase of the Units, the brokerage, the fees or any other moneys in the amounts or within the time specified by the Company, the Client shall be deemed to owe debts to the Company and the Clien t consents to pay interest at the rate of 15 (fifteen) percent per annum calculated from the due date until completion of the payment by the Client. Notwithstanding, the interest rate is subject to change as may be notified from time to time by the Company without notice required to be given to the Client. The Client allows the Company to foreclose on his/her Units and apply the proceeds of the sale thereof or a withdrawal of the balance in his/her Unit trading account to the payment of the debts owed by the Client to the Company either now or in the future until the Company exercises the right to terminate this Agreement, whereupon the Client agrees that he/she will not raise a dispute or objection in any way. The Client agrees to authorize the Company to perform any of the following acts under the conditions of this Agreement: 3 (1) To buy, sell, switch, transfer, take transfers of, take delivery of, deliver, and possess the Units; (2) To appoint and remove subagents for the performance of any acts under the conditions of this Agreement; (3) To sign any relevant letters, records, documents or instruments or to perform such other acts as necessary or reasonable so as to achieve the objective(s) under the conditions of this Agreement; (4) In the event the Client passes away or is placed in absolute receivership or becomes a bankrupt or incompetent or quasi-incompetent person, the Client allows the Company the right to manage or perform any acts against the Units, securities, moneys, properties, rights of claim or any benefits of the Client so as to protect the interests of the Clients and/or of the Company. For this purpose, the Client agrees to allow the Company the right to sell his/her Units in whole or in part immediately so as to apply the proceeds thereof to the payment of all debts owed by the Client to the Company without notice required to be given to the Client. (5) The Client allows all the Units of the Client to be treated as collateral for the payment of his/her debts under this Agreeme nt and/or all other debts due by the Client to the Company. Clause 9 The Client agrees to entrust the Company with the duty to take care of and keep the Units, securities, moneys or any other properties of the Client, including any of his/her privileges. For this purpose, the Client agrees to bind himself/herself and warrant to the Company as follows: (1) The Client agrees and accepts that the Company may invest and exploit the Client s funds for a specific client and/or for collective clients of the Company in one or more manners, such as (1) by depositing the funds with a commercial bank or other banks established by a specific law; (2) by making investments in any other forms as stipulated by the Office; provided, however, that for the abovementioned investments the Client agrees to allow the Company to deposit the funds and/or make investments with such persons related either directly or indirectly to the Company as specified by the Office. In the event properties (Units, moneys, securities, any other properties) of the Client are lost or damaged as a result of the Company s negligence to perform its duty, the Company will be responsible for the Client s properties in full. (2) The Company has the right to charge a fee for the care of the Units, securities, moneys or any other properties of the Client at the rate and in accordance with the procedure stipulated by the Company without having to obtain the Client s consent; (3) The Client warrants and confirms that, before entering into this Agreement, the Client has acknowledged and understood well the Client s practices and the Company s procedure for depositing or withdrawing moneys, Units, securities and/or any other properties of the Client.

10 (4) The Client acknowledges that his/her moneys will not be subject to the criteria and conditions for granting protection of the Financial Institutions Development Fund. Therefore, the Financial Institutions Development Fund in no way stands surety for the repayment of principal and interest on the Client s moneys. (5) The Company will submit a statement of assets to the Client monthly, except in any month during which the Client has no active transaction or change to the properties of which the Company has been assigned to take care under this Agreement, the Company has the right to submit no statement of assets for that month. And in the event the Client has no transaction of such nature for 6 (six) or more consecutive months, the Company has the right to submit a 6 (six) month statement of assets to the Client instead. (6) The Client agrees to comply with the Company s rules and procedures relating to the deposit and withdrawal of the Client s properties from the Company or the care and maintenance of the Client s properties as well as the fee for the care and mainten ance thereof, which rules and procedures are present prior to or at the time of the execution of this Agreement. To withdraw his/her properties each time, the Client shall so notify the Company in writing or take action in accordance with such other procedure as stipulated by the Company, including that for signing, provided such withdrawal does not exceed the actual number of properties after deduction of various debts of the Client. In addition, in the event of a change to the rules and procedures mentioned above, the Company will so notify the Client in accordance with the method stipulated by the Company. Clause 10 This Agreement is effective in perpetuity until terminated by either party, who shall so notify the other in writing not less than 15 (fifteen) days counting from the date the termination of this Agreement shall become effective. Notwithstanding, the Company has the right to terminate the Agreement immediately if the Client has failed to pay his/her debts to the Company within the time specified or has breached any provision of the Agreement. Clause 11 In the event of changes to the laws, regulations and notifications of the Office, the Securities Exchange or relevant agencies or where the Company desires to notify any other requirements or conditions that affect the conditions under this Agreement, the Company reserves the right to make such modifications to any terms under this Agreement as the Company thinks fit so that they become consistent with and conform to such laws, regulations and notifications. On the Company s having so notified the Client in writing or via its website, the Client agrees and consents to be bound to comply strictly therewith without consent being required of him/her. Clause 12 The Client agrees to allow the Company to assign to any other individual or juristic person the rights, obligations, liabilities, interests, properties and sureties he/she has given, either in whole or in part, under this Agreement, provided the Company so notifies the Client in writing. Clause 13 Notices, notifications, letters, memorandums, documents and announcements under this Agreement, if sent by the Company by messenger or by post or to the address notified by the Client, or posted at the Company s office or published in a newspaper or given otherwise to the Client, irrespective of whether they have been received or acknowledged by the Client or have been received by other person on the Cl ient s behalf, shall be deemed duly served on the Client. If the Client has changed his/her address, place of contact, telephone number or address, the Client must so notify the Company in writing immediately. Clause 14 The Client allows the Company to disclose all or part of the information relating to the Client under this Agreement or any other transactions related to securities business operation, which are kept by the Company in all formats, and he/she agrees and consents to provide information required for the purposes of supervision under the laws, rules, regulations, notifications and orders of the Securities Exchange, the Office, the Anti-Money Laundering Office, supervisory agencies, or government units. 4

11 IN WITNESS WHEREOF, the Client, having read and understood thoroughly the terms hereof and seen that they are consistent with their intentions in every respect, subscribed his/her name and seal (if any) in presence of witnesses. 5 Signed..Client Signed..Company Signed..Witness / Investor Contact Signed..Witness

12 Power of Attorney Written at.. Date: I,, holder of Identification Card / Passport / Juristic Person Certificate /, No.., who am a client and have entered into an agency/brokerage agreement for the trading of fund units and/or the opening of a mutual fund account, as well as for the performance of transactions relating to the fund unit trading, with CIMB Securities (Thailand) Co., Ltd. (herein referred to as the Company ), do hereby authorize: *, of nationality, holder of Identification Card / Passport No.*, dated of issue:, expiry date:., Marital Status:* [ ] Single [ ] Married Spouse s Name: [ ] Divorced [ ] Widowed Present Address:*., Village No., Lane/Alley,. Road, Sub-district, District, Province, Postcode:. Country:., Home Phone:, Fax:, Mobile Phone: Occupation:*., Place of Work:*, Workplace Phone:* Being related as (herein referred to as the Attorney ) For this purpose, the Attorney shall have the lawful powers to perform the following acts on my and the Company s behalf: (1) To place orders for fund unit purchases, sales or switching; as well as to certify and confirm the orders for fund unit purchases, sales or switching or carry out any other transactions and sign relevant documents; (2) To pay for the purchases or switching of fund units, receive cheques for the sales or switching thereof, receive dividends/interest or any other rights resulting from the fund units, receive a cheque following a withdrawal of any other surety; (3) To sign his/her name to transfer, take a transfer of, take delivery of, delivery or possess the fund units; as well as to sign relevant documents; (4) To give notice of the application of the proceeds of a sale or a withdrawal of security money or a bank account debit to the payment for a purchase of fund units; as well as to give notice of the credit of the proceeds of a sale or a withdrawal of security money to my account maintained with a bank, provided such notification shall be in accordance with the procedure stipulated by the Company as well as with any other procedure I have requested from the Company for the use of the services. Any acts and things performed by the Attorney within the extent of this Power of Attorney shall be deemed to be binding upon me and I am responsible for them and they shall be deemed as if had been performed by me in person in every respect until a noti ce of cancellation has been issued. IN TESTIMONY WHEREOF, I have subscribed my name and seal (if any) in the presence of witnesses. Signature Client/Grantor Signature Attorney Signature Witness Signature Witness Note: - Unwanted statements shall be crossed out and signed by the Grantor. - *Minimum information which must be made available fully in accordance with the government notification - Please attach copies of the Attorney s identification card and house registration, which copies have been certified true and correct by the Attorney s signature.

13 Letter of Acknowledgement of Rules, Conditions and Procedures for Over-the-Counter Market Fund Unit Trading Date:.. WHEREAS I,, herein referred to as the Client, entered into an agreement and appoint CIMB Securities (Thailand) Co., Ltd., herein referred to as the Company, to perform the duty as an agent/broker for securities trading both on the Stock Exchange of Thailand and over the counter, according to the Agency/Brokerage Agreement dated., herein referred to as the Brokerage Agreement ; AND WHEREAS the Client desires to invest in units of a mutual fund by buying and/or selling the fund units over the counter; AND WHEREAS the Company has been appointed to perform its duty as an agent providing sale support and taking redemptions of mutual fund units from the Management Company; NOW, THEREFORE, the Client makes this Letter in favor of the Company in accordance with the following conditions: Clause 1 The Client agrees to bind himself/herself to and comply with the rules, conditions and procedures for buying and/or redeeming the fund units over the counter as follows: 1.1 The Client agrees and accepts that he/she will prepare a fund unit purchase and/or redemption order in accordance with the form and procedure determined by the Company in every respect. 1.2 In the event the Client places a purchase order for fund units and pays the Company for the purchase thereof by cheque, the Company will advance on the Client s behalf the payment for the purchase of those fund units prior to the time of his/her awareness of the result of the collection of the payment under the cheque. And in the event the Client places a redemption order for fund units, the Company will receive on the Client s behalf the payment for the fund unit redemption so that it will be later handed over to the Client. 1.3 In the event the Company cannot collect the payment under the cheque the Client has paid for the purchase of the fund units, the Company has the right to place an order for the redemption of the fund units received as a result of such purchase order immediately at such other time as the Company thinks fit and the Company has the right to receive the payment for the redemption of those fund units so as to apply it to the repayment of the advance the Company has paid on the Client s behalf for the purchase of the fund units, together with a penalty at the rate fixed by the Company. However, if the proceeds of the redemption of the fund units are not sufficient for the amount to be repaid to the Company, the Client shall repay to the Company the difference together with a penalty (if any) immediately and any document or evidence, including the certificate of rights to the fund units the Client receives as a result of the redemption of those fund units shall be deemed cancelled immediately. 1.4 In the event the Company and/or a person designated by the Company takes any action under this Letter, the Client shall be deemed to have granted to the Company and/or the person designated by the Company the power to take such action, that is, to prepare a fund unit purchase and/or redemption order; to receive the payment for the redemption of the fund units; and to sign his/her/its name and/or perform any other acts on the Client s behalf in every respect. 1.5 Where the purchase price and/or the redemption price of the fund units as notified by the Management Company is/are not correct and the price(s) is/are offset in accordance with the notification of the Office of the Securities and Exchange Commission ( SEC ) governing rules and procedures to be carried out by the management company in the event the sale price and/or the redemption price of units of an open-end fund is/are not correct, the Client agrees and consents to the offset against the fund units the Company has purchased and/or redeemed pursuant to the Client s order in accordance with the criteria and conditions of such notification in every respect and/or with such criteria and conditions as the Company sees fit and the Client consents to pay any additional amount (if any) to the Company as a result of such price offset immediately upon being so notified by the Company. 1.6 The Client accepts and acknowledges that: (1) The Company will hold on the Client s behalf the fund units, except some mutual funds as determined by the Company, such as a retirement mutual fund (RMF), etc. For this purpose, the Client shall open an account for the sale of units of those mutual funds via the Company by signing an application for use of services of a mutual fund and/or an application for opening of a fund account and/or any other form together with such accompanying documents as determined by the Management Company and/or the Company. (2) To perform its duty as an agent/broker for the purchase and/or redemption of the fund units under this Letter, the Company also has the right to receive from the Management Company a fee and/or remuneration for the performance of its duty as a supporter to the sale of the fund units. 1

14 (3) If the Company purchases and/or redeems the fund units pursuant to the Client s order, the Client has no right to cancel his/her order for the purchase and/or redemption of the fund units unless the Client has obtained the Company s consent. 1.7 The Client agrees and consents to bind himself/herself to and comply in every respect with such details and conditions as stipulated in the prospectus for the redemption of the fund units in which the Client has invested under this Letter. Clause 2 The Client is well aware that, to perform the duty as an agent supporting sales and/or taking redemptions of fund units under this Letter, the Company and/or its staff performing the duty to sell and/or take redemptions of the fund units have the duty and commitment to comply with notifications of the SEC and/or notifications of the SEC Office and/or regulations, rules or instructions of any other competent government agencies, or with pertinent laws. Therefore, the Client agrees and consents to cooperate, to his/her full capacity, with the Company and/or its staff performing the duty to sell and/or take redemptions of the fund units and to comply in every respect with such rules, conditions and procedures for performing the duty as an agent supporting sales and/or redemptions of fund units as stipulated by the Company; and he/she consents to provide his/her personal information and information for reporting on transactions under the law governing money laundering prevention and suppression, such as Know Your Customer (KYC), Customer Due Diligence (CDD), etc., and to prepare or sign such documents or evidence as required; and the Client warrants to the Company that he/she will not perform or omit, or allow other persons to perform or omit, any acts to such an extent that the Company, directors, staff and employees of the Company are fined, undergo punishments, become liable or sustain damage under the SEC s notifications and the SEC Office s notifications and/or the regulations, rules or instructions of any other competent government agencies or any other pertinent laws. If the Client violates or fails to comply with such warranty, he/she agrees and consents to indemnify the Company and its directors, staff and employees immediately upon being so notified by the Company. Clause 3 In the event the Client desires to cancel this Letter, he/she shall so notify the Company in writing not less than 15 (fiftee n) business days in advance. Clause 4 Clause 5 Clause 6 Clause 7 Where a provision in this Letter is inconsistent with the law or inapplicable according to law or fact or any circumstance or becomes null and void by operation of any law, the Client agrees that the lawfully applicable provisions shall be deemed to continue to be in force. The Client agrees that the Letter shall be deemed to constitute a part of the Agency/Brokerage Agreement. All terms and conditions stipulated in the Agency/Brokerage Agreement shall also apply mutatis mutandis hereto. The Client agrees and accepts that the Company has the right to cancel and/or refuse compliance with the Letter immediately at any time without prior notice required to be given to the Client in any way. The Client agrees and accepts that the Company has the right to alter, update or change the rules, conditions and procedures for performing the duty as an agent or broker for the purchase and/or redemption of fund units over the counter and/or the rules, conditions and procedures for performing the duty as an agent supporting sales and/or taking redemptions of fund units, as well as to charge fees and/or service fees and/or such other relevant expenses as the Company thinks fit. To this, the Company agrees to so notify the Client and the Client agrees and binds himself/herself to comply strictly in every respect with such alterations, updates or changes so made by the Company. IN WITNESS WHEREOF, the Client has subscribed his/her name hereunto. Signature Client Signature Witness / Investor Contact Signature Witness 2

15 Investor s Manual (Omnibus) Rights of Investor 1. The Company can sell fund units to more than 1 management company. Therefore, the Investor should exercise the right to request information on the names of all management companies to which the Company sells the fund units. 2. For convenience of communication, the Investor should exercise the right to request information on the names and addresses of the management companies and the Company, including the names, addresses and identification numbers of the staff performing the duty to sell or take redemptions of fund units. 3. To substantiate a decision to invest, the Investor should exercise the right to request information on risks of a mutual fund which he/she has been recommended to buy, as well as information on warnings and explanations regarding risks of investment in mutual funds (when compared to other types of investment). 4. In order to become fully aware of information of a mutual fund, which shall be used to substantiate a decision to invest, the Investor should exercise the right to request information on the current status of the mutual fund, for example, the mutual fund in wh ich he/she will invest is operating normally, not being in the process of merging with another fund in which he/she does not want to invest, etc. To do this is for maximum benefit of the Investor. 5. Since the Company can sell fund units to more than 1 management company and may receive unequal fees or returns from the resp ective management companies, the Investor should exercise the right to request information on the rates of the fees or returns received by the Company so as to make a comparison. 6. If you are an investor who is contacted without a request or notice given to the seller, you can refuse to receive any communication for a sale of fund units. 7. If you are an investor who is contacted without a request or notice given to the seller and has decided to invest, in such a case you can exercise the right to cancel the purchase or redemption of the fund units during a period of time prescribed by law. Filing of Complaint about Investment in Mutual Fund A unit holder can file a complaint via any of the following channels: 1. Person as Agent (Company) The unit holder can complain about the fund unit trading as well as any other issues relating to investment in a mutual fund. To this, he/she can complain orally or file a written complaint with an individual who is an agent of the Company. If you complain orally, you can have the Company s agent record your complaint in writing, provided you make a review and subscribe your name at all times to confirm the accuracy thereof. The individual who can act as agent of the Company can initially solve the problem about which you have complained and he/she has the duty to collect complaints and solutions to problems and forward them to the management companies for acknowledgement within 7 (seven) days counting from the date of the conclusion. 2. Management Company The unit holder can complain about the fund unit trading as well as any other issues relating to investment in a mutual fund. To this, he/she can complain orally or file a written complaint with the management company. If you complain orally, you can have the management company record your complaint in writing, provided you make a review and subscribe your name at all times to confirm the accuracy thereof. The management company has the duty to resolve problems or complaints of unit holders and to collect complaints and solutions to problems quarterly for the SEC Office within 15 (fifteen) days counting from the ending date of the relevant quarter. 3. Office of the Securities and Exchange Commission (SEC Office) The unit holder can complain to the SEC Office about the fund unit trading as well as any other issues relating to investment of a mutual fund. On having acknowledged such complaint, the Office will forward it to the management company in order that it take steps to resolve the complaint, whereupon the management company shall prepare a report for filing with the Office within 30 (thirty) days counting from the date of receipt of the complaint. If the management company does not complete the action, it shall report t he progress to the Office every 30 (thirty) days until completion. When a conclusion has been reached about the case, the management company or the person who is an agent of the company, as the case may be, has the duty to so notify the unit holder within 7 (seven) days counting from the date of the conclusion.