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Fund to Fund Risk Disclaimers and Declaration

Fund to Fund Risk Disclaimers and Declaration

 

  1. I understand that as a result of switching to another fund, my risk / return characteristics may change significantly.
  2. I will not claim Repatriation from Pakistan of Dividends and sales proceeds of the units except as permissible under the rules of State Bank of Pakistan or Ministry of Finance, Government of Pakistan.
  3. I have read and understood the Trust Deeds, Offering Documents and/or Supplementary Offering Documents of the respective Fund and especially the clauses that relate to the risks involved, and the maximum rate of sales load charged. [Note: Sales load of up to 1.5% of the NAV per unit will be charged on online transactions. For actual level of Front-end load, kindly read the Offering Document and/or Supplementary Offering Documents of the respective Funds.]
  4. I agree to abide by the Terms & Conditions, Rules and Regulations of the respective Fund(s); Dividend (if any) will be re-invested automatically (Net of Tax) unless opted otherwise.
  5. I understand that investment in funds with an Equity & Bonds / Sukuks exposure carries relatively higher risk.
  6. I understand that if transaction is received by NBP Funds after the cut off time, that transaction will be processed on the next working day and that I would not hold NBP Funds responsible for any loss consequent to such processing of Investment form on the next working day.
  7. I acknowledge and confirm that I am relying only on the information provided in the Trust Deeds, Offering Documents and/or Supplementary Offering Documents. And I will not rely upon any communication, whether written or oral and in form which may be contrary to the contents of the Trust Deeds, Offering Documents and/or Supplementary Offering Documents.
  8. I hereby confirm that I/we have reviewed, read and understood the latest Fund Manager Report and/or Fact Sheet in case of new CIS including details of the total expense ratio of the Fund, the management fee, selling and marketing expenses, contingent load, etc. and understand that the same is available and updated on NBP Funds website from time to time.
  9. I understand that there is no guarantee for capital preservation / protection and/or returns / profit on investments made by me.
  10. I understand that transfer from one Fund to another Fund through Exchange of Unit are by nature considered redemption and are paid out from investment balance of the transferor fund which includes both principal and / or profit (if any). Hence, investment balance of transferor fund will deplete as a result of such transaction.
  11. I, hereby waive and discharge NBP Funds and the trustee fully from any implied or express obligation of confidentiality / non-disclosure, which may result as a consequence of NBP Funds complying with the request herein above and/or any break-down, malfunction, erroneous or unauthorized transmission or access to the Statements of Account and the related services. I understand that SECP has allowed to charge sales load maximum up to 1.50% of the NAV per unit where transactions are done online.