WHAT MUST YOU DO TO SWITCH?
Complete the option form and fax, send or even better, bring it to the Fund personally. The Fund administrator (SEB) will confirm the transfer with you within 10 working days! If they don't, call them!
Contact persons:
Call Centre: 0861 223 646
Toll-free number: 0800 118 334
MEMBER INVESTMENT CHOICES
The Fund Credits of members are automatically invested in the relevant life stage portfolio according to age. However members may, subject to certain conditions, exercise a written choice if they wish to invest contrary to the applicable life stage namely AP, MP, CP or PP. Investment according to the life stage portfolios is an integrated investment model in accordance with the IPS (Investment Policy Statement). The probability is good to obtain the targeted return over a long term. Members should therefore be very cautious to chase short-term returns by electing contrary to the life stage portfolios, with possible disastrous results. Younger members’ should be careful not to be over conservative and forfeit returns in the long run. Member Fund Credit may be split between any or all of the four portfolios (AP, CP, MP and PP). The monthly contribution may also be directed to a different portfolio. Members who exercised a member investment choice will remain invested accordingly until written notification to the Fund otherwise. If a member elects to split her/his investment between the different returns of each investment portfolio will cause a drift from the chosen percentages split. Members’ Fund Credits will not automatically be rebalanced to the original chosen percentage split between the portfolios. A new option form must be submitted when a member wants such rebalance.
Member investment choices may be done at any time in respect of the fund credit and monthly contributions across the AP, MP, CP and PP, subject to certain conditions obtainable on request. One choice per year is free of charge but subsequent choices require a switching fee. A member investment choice is usually implemented within three to five business days from receipt.
Complete the option form and fax, send or even better, bring it to the Fund personally. The Fund administrator (SEB) will confirm the transfer with you within 10 working days! If they don't, call them!
Contact persons:
Call Centre: 0861 223 646
Toll-free number: 0800 118 334
MEMBER INVESTMENT CHOICES
The Fund Credits of members are automatically invested in the relevant life stage portfolio according to age. However members may, subject to certain conditions, exercise a written choice if they wish to invest contrary to the applicable life stage namely AP, MP, CP or PP. Investment according to the life stage portfolios is an integrated investment model in accordance with the IPS (Investment Policy Statement). The probability is good to obtain the targeted return over a long term. Members should therefore be very cautious to chase short-term returns by electing contrary to the life stage portfolios, with possible disastrous results. Younger members’ should be careful not to be over conservative and forfeit returns in the long run. Member Fund Credit may be split between any or all of the four portfolios (AP, CP, MP and PP). The monthly contribution may also be directed to a different portfolio. Members who exercised a member investment choice will remain invested accordingly until written notification to the Fund otherwise. If a member elects to split her/his investment between the different returns of each investment portfolio will cause a drift from the chosen percentages split. Members’ Fund Credits will not automatically be rebalanced to the original chosen percentage split between the portfolios. A new option form must be submitted when a member wants such rebalance.
Member investment choices may be done at any time in respect of the fund credit and monthly contributions across the AP, MP, CP and PP, subject to certain conditions obtainable on request. One choice per year is free of charge but subsequent choices require a switching fee. A member investment choice is usually implemented within three to five business days from receipt.