Britam Unit Trusts Individual Application Form
Britam Unit Trusts Individual Application Form
Britam Unit Trusts Individual Application Form
Middle Name(s):
(iii) Contact Person Details (Details are for contacting purposes in case we cannot reach you via the contacts provided)
Name Mobile Number Postal Address Postal Code Town
Version Date: 14 December 2022 Britam Unit Trusts Individual Application Form | Page 1 of 6
2. PHYSICAL ADDRESS VERIFICATION
I write to confirm that the below is a description of my residential/business address. A description has been provided as I do
not have any utility bill that may be used to verify my current residential/business address.
Client Address Description
Country (ies) of Tax Residency Tax Identification Number Or Reason Tax Number Not Applicable
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8. If your investment value fell by 20% over the course of the next three months, how would you react?
(a) Buy more of the investment (b) Hold on to the investment (c) Sell some or all of the investment
Disclaimer
This risk profile questionnaire and the results should not be regarded as investment advice or an offer to sell, or a solicitation for
an offer to purchase any investment products or services. Britam accepts no responsibility or liability as to the accuracy or
completeness of the information provided in this risk profile questionnaire and the results. This questionnaire is not a substitute
for professional advice.
6. FUND INFORMATION
WHAT ARE UNIT TRUSTS?
Unit Trust: A collective investment scheme in which investors’ contributions are pooled together to purchase a portfolio of
financial securities such as equities (shares), bonds, cash, bank deposits etc. The portfolio is managed by professional fund
managers.
Unit: Your contributions to a unit trust are used to purchase units. Each unit represents an equal fraction of the total value
of the pool of the invested money. The number of units you are allocated is calculated by dividing the amount you invest by
the offer price at the time.
BRITAM MONEY MARKET FUND
Suitable for low-risk investors who seek competitive, stable returns and offers quick liquidity of funds.
The fund invests in interest-bearing securities and other short term money market instruments.
Investment Risk Level: Low risk investment.
Recommended Investment Horizon: Short term.
Fee Structure: Initial Fee - 0%
Annual Management Fee - Maximum of 2% Per Annum
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BRITAM BOND PLUS FUND
Suitable for low-risk investors who seek competitive income and offers quick liquidity of funds.
The fund primarily invests in long-term treasury bonds and other interest-bearing securities.
Investment Risk Level: Low risk investment.
Recommended Investment Horizon: Short to Medium term.
Fee Structure: Initial Fee - 0%
Annual Management Fee - Maximum of 2% Per Annum
BRITAM BALANCED FUND
Suitable for medium-risk investors who seek to invest in a balanced portfolio offering exposure to all sectors of the market.
The fund primarily invests in equities and fixed income securities.
May have a maximum of 10% direct and/or indirect exposure to offshore investments as a hedge against inflation.
Investment Risk Level: Medium risk investment.
Recommended Investment Horizon: Medium to Long term.
Fee Structure: Initial Fee - 0%
Annual Management Fee - Maximum of 2% Per Annum
BRITAM EQUITY FUND
Suitable for investors with a higher risk appetite seeking long term returns and inflation protection. The fund invests
primarily in equities listed locally and regionally.
The fund is a suitable option for investors looking for professional portfolio management.
Investment Risk Level: Medium to Higher risk investment.
Recommended Investment Horizon: Long term.
Fee Structure: Initial Fee - 0%
Annual Management Fee - Maximum of 2% Per Annum
7. FUND SELECTION
I confirm that I have read the Fund Information section and I understand my risk profile. I have chosen to invest as follows:
Fund Name Amount (KES) Signature Date
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9. CLIENT ACCOUNT INSTRUCTIONS
Payment Method (Indicate your preferred payment transfer channel by ticking the box and providing the relevant information)
Mobile Money Transfer (M-Pesa)
I acknowledge that I chose to add the option of receiving and depositing payments through the following M-Pesa registered
mobile phone number, and hereby confirm that I have read and understood declaration (g) concerning my payment instructions.
Mobile Phone Number:
Direct Bank Transfer (Please provide your bank information below)
Account Name:
Account Number: Bank Name:
Branch: Bank Code:
10. GENERAL TERMS AND CONDITIONS
(a) Units are traded at the daily ruling prices which prices may go up as well as down.
(b) The Investment will only be applied once the completed application form together with notification of deposit is
received by Britam. Subscriptions monies received will be dealt with on the next Dealing Day.
(c) Investors are reminded that in certain specified circumstances their right to redeem their units may be suspended.
(d) Britam will only accept deposits made through your M-Pesa phone number on record or your Bank Account Number on
record. Payments from third parties made on your behalf may be accepted on an exceptional basis and solely at the
discretion of Britam.
(e) Once an account has been opened, all statements, reports and notices will be sent by default through the e-mail
address provided.
(f) Britam shall remain authorized to accept any instruction request received from your authorized modes (registered
email and/or M-Pesa number) unless otherwise instructed. If you lose your mobile phone or other electronic device or
have any reason to believe that the integrity and security of your means of instructions or mode of payment has been
accessed by an unauthorized person, it shall be your responsibility to take such actions to secure your investment by
immediately notifying Britam Customer Care Centre for assistance. Until and unless we receive notice of loss of your
electronic device or unauthorized access to your account, we shall remain authorized to accept any instructions
requests received from the authorized modes.
(g) The Client and/or his/her financial advisor shall at all times be responsible for ensuring that the unit trust and its
representatives receive any instructions from the Client and/or financial advisor, whether by facsimile or mail, and that
such instructions are complete and correct in all respects.
(h) Past performance is not a guide to future performance and may not be repeated. The price of units and the income
from them may fall as well as rise and Clients may not realize their initial investment.
(i) Capital Preservation as highlighted in the Trust Deed, Rules and Information Memorandum means that the fund
manager will aim to invest in assets which have fairly stable market prices. There is no guarantee that the investment
objectives of the Fund will be attained. The price of the units and income may fall as well as rise and Clients may not
realize their initial investment.
(j) No third-party cheques are allowed. Payments made by a third party on behalf of a Client will need to be supported by
further documentation.
(k) All transaction charges on purchasing securities shall be borne by the Fund and not the Fund Manager.
11. DECLARATIONS
(a) I confirm that I have read and understood the Information Memorandum for the selected fund, and state that I make
this application on the terms and conditions set out in the Fund’s Information Memorandum.
(b) I confirm that the information provided in this application, together with all supporting documentation that will be
supplied in connection with this application, is true, correct and accurate. I hereby consent that Britam Asset Managers
(Kenya) Limited may verify the information provided using such reasonable and necessary verification mechanisms.
(c) I confirm that the money used for this investment does not arise out of the proceeds of any money laundering or other
illicit activities.
(d) I agree to accept the number of units bought by virtue of this application and Trust Deed and Rules for the selected
fund and warrant that l/we have full power and authority to enter into and conclude this transaction.
(e) I confirm that the units are not being acquired either directly or indirectly by or on behalf of any person restricted by
law of any relevant jurisdiction from acquiring the units.
(f) I hereby consent to all redemption proceeds and/or income distributions made to me being paid in accordance with
my payment instructions above and as may be varied as per my written instructions. I hereby accept full responsibility
for securing the integrity of my selected payment mode, and fully indemnify Britam from any claims, losses or liabilities
that it may incur in connection with the processing of payment in accordance with my instructions.
(g) I hereby unconditionally and unequivocally agree that Britam Asset Managers (Kenya) Limited shall be entitled to act
upon any instructions issued through my registered profile on a Britam Online Platforms or through electronic mail
from my indicated email address (including scanned copies of documentation), which instructions shall be binding and
enforceable against me notwithstanding that any such instruction may later be shown to be in any way false,
incomplete, inaccurate, delayed, erroneous, unauthorized or otherwise not authentic.
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(h) I agree that Britam Asset Managers (Kenya) Limited shall not be responsible for any liability, losses or damages
resulting from such electronic instructions, except where the loss results from the gross negligence or fraud on
Britam’s part. I agree to fully indemnify Britam against any proceedings, claims, expenses, and liabilities which may be
taken or made against Britam by reason of Britam acting on my instructions.
(i) I consent to the disclosure of the information provided in this application for compliance purposes to the companies
within the Britam Group or its agents and the necessary regulators and government agencies.
(j) Upon receipt, I shall review all statements and will notify the Fund Manager immediately if there is a discrepancy.
(k) I have read and fully understand the funds’ objectives, risk levels, income distribution and all charges as set out in the
funds fact sheets and the Information Memorandum.
Client Acknowledgment
By checking this box, I consent to Britam’s Privacy Policy, and hereby authorize Britam to collect, use, disclose, and/or
process our personal data or information without further notification to me/us, confidentially with its affiliated companies, third
party service providers, business partners and/or other parties which may be sited outside of Kenya, for setting up and
administering our investment account with Britam, customer services and to allow Britam and/or its business partners to perform
marketing and related activities, until Britam receives our written instruction to the contrary. Britam’s Privacy Policy is available at
https://ke.britam.com/privacy-policy.
I confirm that I have read and understood, and hereby consent to the general terms and conditions, and hereby make the
above declaration.
Name Signature Email Address (if consenting to Date
email instructions)
Name:
Signature: Date:
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