addendum non-mandatory - julius baer group
TRANSCRIPT
ACCOUNT OPENING FORM
NON-MANDATORY (INDIVIDUAL)
ADDENDUM
Julius Baer Wealth Advisors (India) Private Limited
Registered & Main Office: 8th Floor, Mafatlal Centre, Nariman Point, Mumbai 400 021 India
SEBI Stock Broker Registration No.: INZ000008631, SEBI Depository Participant No.: IN-DP-117-2015, CIN: U65923MH2014PTC255743
Compliance Officer: Deepika Seth Email: [email protected] https://www.juliusbaer.com/en/in/
Tel.: +91 22 6176 0100 Fax: +91 22 6635 6110
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DECLARATION OF RELATED COMPANIES
I/we declare that for the listed entities as mentioned below, I/we and /or, my/our relatives are either Promoter / Beneficial Owner / Director / Designated Employee / Key Managerial Personnel / Connected person as defined in SEBI (Prohibition of Insider Trading) Regulations. (Please indicate the same in Nature of Interest.)
First Holder
Sr. No. Name Name of the Company Nature of Interest Remarks
Second Holder
Sr. No. Name Name of the Company Nature of Interest Remarks
(Please attach separate sheets if space provided is inadequate)
I/we agree that prior to trading in securities of any of the above related companies. I/We will make the requireddeclaration to Julius Baer Wealth Advisors (India) Private Limited (JBWA) regarding non possession of any material and / or non public information on the related company and I/we will send requisite disclosures/notices to regulators, company and/or registrars and comply with related company policies, as applicable.
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NETWORTH AND INCOME DETAILS
Assets
Total Assets Total Liabilities
Net Worth Investable Assets
Total Annual Income
* Country of Business ________________________________________________________
* Countries from where client is deriving/generating significant revenue/income
A) Standing instruction to invest surplus lying in my/our Bank a/c, MF units of Liquid Funds/Liquid ETF or redeem MF/Liquid ETF units to pay for margin/pay-in obligations
As a standing instruction to JBWA, in the capacity of our Power of Attorney holder, I/We authorize JBWA to invest/reinvest any surplus monies, after providing for the settlement of my/our securities transactions, including pay-in and margin obligations, if any, lying to the credit of my/our Bank Account in my/our name in units of the Liquid Scheme/Liquid ETFs of the Mutual Fund mentioned below:
* Name of the scheme _______________________________________________________________________
I/we also authorize JBWA to redeem Mutual Fund/Liquid ETF units of the above mentioned Mutual Fund Liquid Scheme/ETF held in my/our name to provide for margin obligation and/ or settlement of securities carried out on behalf of me/us, as per our instructions from time to time.* Should you wish to change to any other Liquid Fund Scheme, please speak to your Relationship Manager and send a fresh letter of instruction requesting for the change.
B) Family Access for Online
I/We authorize you to give online view access to Mr/Ms/M/s. _______________________________________ having Account Code ____________________ for my / our accounts as we belong to the same family or group.
If you would like to stay connected with Julius Baer and be informed of what’s happening in India & globally, please share with us the following information:
Instagram _________________ Twitter _________________
LinkedIn _________________ Facebook _________________
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D) Information for reporting requirement under section 285BA of the Income-tax Act, 1961
Section 1 - Individual Identification
First holder Second holder Third holder
Name
Gender Male Female
Transgender
Male Female
Transgender
Male Female
Transgender
Place/City of Birth
Country of Birth
Nationality
*Are you a U.S. Green Card Holder
Yes No Yes No Yes No
Section 2 - Declaration of Tax Residency
a) First holder Second holder Third holder
Are you a Tax Resident of any country other than India
Yes No Yes No Yes No
If answer to above is Yes, then provide the following information with documentary evidence. If you are a tax resident of multiple countries, kindly provide information of tax residence of all countries by filling in Section 2(b) and Section 3 in a separate page.
b) First holder Second holder Third holder
Country/ies of Tax Residency
Tax Identification Number (TIN)#/ Functional equivalent Number
TIN/ Functional equivalent number Issuing Country
Document Valid till (dd/mm/yyyy)
#Please provide Documentary evidence for foreign country of tax residence and TIN
In case of change of information on tax residence as stated above, you are requested to intimate us of the change within 30 days of change
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Section 3 – Address Details(To be completed only if answer in Section 2(a) is ‘Yes’)
Address of the jurisdiction of tax residence
First Accountholder Second Accountholder Third Accountholder
Number
Building Name, Street, Locality
City/Town
State/Province/County
Post Code
Country
Section 4 – Declaration and Undertakings
I/we certify that: 1. The information provided in the Form is in accordance with section 285BA of the Income Tax Act, 1961 read with
Rules 114F to 114H of the Income tax Rules, 1962. 2. The information provided by me/us in the Form, its supporting Annexures as well as in the documentary evidence
provided by me/us are, to the best of our knowledge and belief, true, correct and complete and that I/we have not withheld any material information that may affect the assessment/categorization of the account as a Reportable account or otherwise.
3. I/We permit/authorize JBWA to collect, store, communicate and process information relating to the Account and all transactions therein, by JBWA and any of its affiliates wherever situated including sharing, transfer and disclosure between them and to the authorities in and/or outside India of any confidential information for compliance with any law or regulation whether domestic or foreign.
4. I/We undertake the responsibility to declare and disclose within 30 days from the date of change, any changes that may take place in the information provided in the Form, its supporting Annexures as well as in the documentary evidence provided by us or if any certification becomes incorrect and to provide fresh self- certification along with documentary evidence.
5. I/We also agree that our failure to disclose any material fact known to us, now or in future, may invalidate our application and JBWA would be within its right to put restrictions in the operations of my/our account or close it or report to any regulator and/or any authority designated by the Government of India for the purpose or take any other action as may be deemed appropriate by JBWA if the deficiency is not remedied by us within the stipulated period.
6. I/We hereby accept and acknowledge that JBWA shall have the right and authority to carry out investigations from the information available in public domain for confirming the information provided by me/us to JBWA.
7. It shall be my/our responsibilities to educate myself/ourselves and to comply at all times with all relevant laws relating to reporting under section 285BA of the Act read with the Rules thereunder.
8. I/We also agree to furnish such information and/or documents as JBWA may require from time to time on account of any change in law either in India or abroad in the subject matter herein.
9. I/We shall indemnify JBWA for any loss that may arise to JBWA on account of providing incorrect or incomplete information.
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E) Fees/Commission/Charges
Brokerage:
Fee Structure
Equity Brokerage _______ %
Derivative Brokerage - Futures _______ %
Derivative Brokerage - Options
Stock ______bps on the premium value (Maximum 2.5%) or Rs. _____ per lot (Maximum INR Rs. 100) whichever is higher. (Strike out if not applicable)
Index ______bps on the premium value (Maximum 2.5%) or Rs. _____ per lot (Maximum INR Rs. 100) whichever is higher. (Strike out if not applicable)
Mutual Fund Commission _______ %
The above rates are exclusive of Securities Transaction Tax, Goods & Services Tax and Other Applicable taxes or Statutory levies. The same will be charged to the client on actual basis.
Mutual Fund Transaction Commission will be levied on the value of purchase and/or switch transactions of equity /balance mutual funds or any other equity oriented mutual funds (except arbitrage mutual funds) to JBWA towards non advisory value added service provided by JBWA, from time to time, as agreed with the client. JBWA shall, on completion of a calendar month, determine the value of transactions executed on behalf of the client and shall compute and charge its commission for the transactions executed on the clients account under POA and invoice the client in the following month. The client shall be liable to pay JBWA’s commission after issuance of the invoice.
Comments :______________________________________________________________________________
GST Registration Number: ______________________________
F) Authority to debit Depository Participant, bank charges, Mutual Fund Transaction Fees/Commission, other fees from my/our bank account under POA to JBWA
I/we hereby authorize JBWA to debit any outstanding Depository Participant charges, Mutual Fund Transaction Fees/Commission, any other fees/charges etc as may be due from me/us to JBWA and/or incidental bank charges from time to time, for businesses done by me/us with JBWA, from my/bank account(s) operated by JBWA under POA or against the balance amount due to me/us from JBWA in respect of any business (including but not limited to stock broking business). This authorization is valid till such time I/we withdraw it in writing in future.
G) Declaration/Signature
I/we, agree to abide by terms, conditions, rules, regulations & other statutory requirements of SEBI, Prevention of Money Laundering Act 2002 & such other regulations as may be applicable from time to time. I/we, declare that the amount being invested is through legitimate sources only & is not designed for the purposes of contravention or evasion of any act, regulation, rule, notification, directions or any other applicable laws enacted by the Government of India or any statutory authority.
I/We hereby agree that I/we have been offered both the Advisory Services and Executive Services by JBWA and I/we choose to avail the Executive Services. I/We hereby confirm that I/we have read, fully understood and agree to be bound by the terms and conditions relating to the Executive Services provided to me/us and also available at https://www.juliusbaer.com/en/legal/india/jbwa/executive-services/.
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By signing this document, I/we acknowledge and consent to the collection, use, processing and sharing of my/our personal information in accordance with the above, as provided in account documents, as permitted by local law, or as otherwise agreed between me/us and JBWA.
I/We hereby confirm that I/we am/are Fit and Proper in terms of Regulation 19(1) and Regulation 20 of SecuritiesContracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2012 (SECC Regulations) &criteria defined in Schedule II of the SEBI (Intermediaries) Regulations, 2008.
I/We confirm that whenever there is any change in my/our KYC information, I/we shall immediately inform JBWA. (**Criteria for Fit & Proper is defined below)
I/We hereby consent to Julius Baer Wealth Advisors (India) Pvt Ltd for downloading my/our KYC information and documents from Central KYC Registry
Client Signature : xx ________________ xx _________________ xx __________________ First Account Holder Second Account Holder Third Account Holder
Name : ____________________ ____________________ _____________________ Place : __________________________
Date : _____________________
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1. Trading in securities of Listed Stock Exchanges/Depository Participants/Clearing Corporations
Regulation 19(1) of Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2012 (SECC Regulations) states that no person shall, directly or indirectly, acquire or hold equity shares of a recognised Stock Exchange or recognised Clearing Corporation unless he is a fit and proper person in terms of Regulation 19 and 20 of the said SECC Regulations.
In terms of SEBI circular dated 1st January 2016 and NSE circular dated 24th January 2017 and dated 14th June 2017, Stock Brokers were advised to ensure that their clients who are executing transactions in the securities of the listed Exchanges or listed Depositories through them are fit & proper as stipulated by the above applicable regulations and attach the text of the said regulations as annexure with the contract notes issued to such clients.
SEBI has defined the criteria for Fit & Proper as follows:
A) Fit and proper criteria.For the purposes of these regulations, a person shall be deemed to be a fit and proper person if-
(a) such person has a general reputation and record of fairness and integrity, including but not limited to-(i) financial integrity;(ii) good reputation and character; and(iii) honesty;
(b) such person has not incurred any of the following disqualifications-(i) the person, or any of its whole time directors or managing partners, has been convicted by a court for any
offence involving moral turpitude or any economic offence or any offence against the securities laws;(ii) an order for winding up has been passed against the person;(iii) the person, or any of its whole time directors or managing partners, has been declared insolvent and has not
been discharged;(iv) an order, restraining, prohibiting or debarring the person, or any of its whole time directors or managing
partners, from dealing in securities or from accessing the securities market, has been passed by the Board or any other regulatory authority, and a period of three years from the date of the expiry of the period specified in the order has not elapsed;
(v) any other order against the person, or any of its whole time directors or managing partners, which has a bearing on the securities market, has been passed by the Board or any other regulatory authority, and a period of three years from the date of the order has not elapsed;
(vi) the person has been found to be of unsound mind by a court of competent jurisdiction and the finding is in force; and
(vii) the person is financially not sound.
(c) If any question arises as to whether a person is a fit and proper person, the Board‘s decision on such question shall be final.
B) Criteria for determining a “fit and proper person” for trading in securities of listed Depositories/Stock Exchanges specified in Schedule II of the SEBI (Intermediaries) Regulations, 2008
For the purpose of determining as to whether an applicant or the intermediary is a “fit and proper person”, the Board may take account of any consideration as it deems fit, including but not limited to the following criteria in relation to the applicant or the intermediary, the principal officer, the director, the promoter and the key management persons by whatever name called – (i) integrity, reputation and character; (ii) absence of convictions and restraint orders; (iii) competence including financial solvency and networth; (iv) absence of categorization as a wilful defaulter.
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C) Handling of Client Securities
SEBI has introduced certain changes in the manner in which Client securities should be handled by Stock Brokers and their impact is summarized below for your reference.For all the trades executed by you through Julius Baer Wealth Advisors (‘JBWA’) on BSE or NSE:-
a) JBWA shall transfer securities from its pool account to your beneficiary account within 1 working day on receipt of the funds pay-in obligation from you.
b) In case the payment is not received by JBWA in full till the pay-in date (T+2), your securities will be liquidated within 5 trading days from the date of pay-in in proportion to the amount not received and after considering any amount lying to your credit. The balance securities, if any, shall be transferred to your demat account. Profit/loss on sale transaction of these unpaid securities, if any, shall be transferred to/adjusted from your account.
c) No further exposure shall be granted when debit balance arises out of your failure to pay the required amount and such debit balance continues beyond 5th trading day from the date of pay-in.
d) As per the Risk Management Policy of JBWA, JBWA may sell the unpaid securities, within 5 trading days from the date of pay-in on a First in First out (FIFO) basis. If the securities cannot be sold on FIFO basis due to any reason, then JBWA may sell any unpaid security to clear the dues as per its discretion. In case of partial payment, JBWA may retain upto 4 times the value of the unpaid securities until the 5th day from the pay-out date.
2. Confirmation about Finder Agreement
I/We, the Account holder, understand that ________________________ (the “Finder”) and Julius Baer Wealth Advisors (India) Pvt. Ltd. (“JBWA”) have entered into a referral agreement pursuant to which the Finder may refer potential clients to JBWA and in return may receive a referral fee from JBWA.
I/We confirm, acknowledge and agree to the following:1. The Finder established the initial contact regarding potential account relationship between JBWA and me/us
(“Financial relationship”).2. The Finder acts in its own name and account and independently of JBWA at the Finder’s own discretion without
subordination of any kind vis-à-vis JBWA, i.e., the Finder is neither a representative nor an agent of JBWA, nor acts in any other capacity permitted to promote JBWA’s services or products.
3. I/We and the Finder do not and will not maintain in the future a contractual or mandate relationship. In particular, the Finder does not and will not act in the future as a financial service provider and/or has not and will not have in the future a function as officer/ director or shareholder with me/us.
4. The Finder is not involved in the Financial relationship. JBWA recommends against any kind of signatory power or information authorization of the Finder in the Financial relationship.
5. The Finder is solely responsible to avoid and/or disclose to me/us any potential conflicts of interest.6. The Finder informed me/us about the content of the Agreement and the Referral Fee in detail, in particular
regarding the calculations parameters and the duration of the Referral Fee. The Referral Fee may be volume based (assets transferred/ amount of assets under management) and/or income based (revenues earned by JBWA). I/We understand the Referral Fee in the basics, including its nature and calculation. Upon request, JBWA will provide to me/us further information, in particular the total amount of the Referral Fee.
7. The Finder may receive in connection with his referral activities and the Referral Fee directly or indirectly indications or information relating to the Financial relationship. I/We acknowledge and agree to this limitation the data protection and secrecy obligations under Indian laws. I/We further acknowledge and agree that the Finder may share with JBWA my/our personal data, in particular the name, address, email address, date of birth or incorporation and any other relevant information to identify me/us. The Finder informed me/us about the applicable confidentiality and data protection legislation.
8. I/We acknowledge and accept the transmission of personal data via any electronic means of communication (e.g. per email, fax, text messaging). I/We acknowledge and accept that the use of electronic means of communication may involve risks, in particular when transmitting information via unsecured networks. I/We release JBWA from any liability with respect to any transmission risks.
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3. Privacy Notice and Consent Form (Information Security Rules 2011)
Julius Baer Wealth Advisors (India) Private Limited (JBWA)Mafatlal Centre, 8th Floor
Nariman Point
Mumbai, 400 021
In accordance with the requirements of the Information Technology (Reasonable security practices and procedures and sensitive personal data or information) Rules 2011 (“Information Security Rules 2011”), this document includes information about:
1. What personal information we collect
2. Purposes for which we use personal information
3. Sharing personal information
The term “you” refers to the client with which we propose to enter a relationship or with which we have a current or former relationship, and “we” or “us” refers to Julius Baer Wealth Advisors (India) Private Limited (JBWA) and as applicable its parent company, subsidiaries, affiliates and related group companies.
We may provide other material regarding the collection, use, processing and sharing of personal information in account documents. If there is any conflict between this document and the account documents, the terms of the specific account documents will prevail.
1. What personal information we collect
We collect, use and process various types of personal information about you and your accounts to the extent appropriate for your relationship with us. The personal information that we collect about you may include, but is not limited to, name, address, email address, telephone number, date of birth, personal identifiers such as passport number, Permanent Account Number, driver licence, other personally identifiable information, and sensitive personal data or information as defined in the Information Security Rules 2011.
If you provide us with information about third parties (including your relatives, beneficiaries and guardians or your authorised representatives, employees, officers, directors, shareholders, authorised signatories and other related individuals), you agree to inform such third parties and obtain their consent to the processing of that information in accordance with this document and any other applicable laws and regulations.
2. Purposes for which we use personal information
We use and process personal information for a range of purposes, which may include but is not limited to:
to provide you with products and services
to facilitate transactions to provide you with advice and guidance
to respond to client requests
to detect, prevent and investigate fraud
to provide security for our customers, employees and the general public
to verify your identity (or the identity of your representative or agent)
to perform risk management
to comply with applicable laws, rules and regulations, including anti-terrorism, anti-money laundering and tax reporting rules and regulations
to comply with legal process, to respond to requests from public, regulatory or government authorities (including authorities outside your country of residency), and to allow us to pursue remedies and limit damages
to perform internal business processes such as data analysis, audits, developing and improving new products and services
as part of the sale, merger or similar change of the business of JBWA or its parent company, subsidiaries, affiliates and related group companies
3. Sharing personal information
Personal information may be shared for all of the purposes described in this document.
We may share personal information with our parent company, subsidiaries, affiliates and related group companies around the world. Our parent company, subsidiaries, affiliates and related
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group companies are committed to protecting personal information and to using it only for legitimate purposes.
We may share personal information with service providers that work for us in India or in any of the countries in which we operate. We supervise our service providers and require them to appropriately protect personal information. Service providers may include:
customer service, payment or transaction processing companies
printing companies
order fulfillment or professional services organisations (such as legal, audit, accounting services, technology, and data processing companies)
technology hosting (such as webhosting, cloud computing, infrastructure provision, application service providers, data centre services and technology service providers)
We may also share personal information with other third parties. Third parties may include public, regulatory and government authorities, intermediaries, other nonaffiliated third parties, self-regulatory organisations, or judicial or law enforcement authorities.
Additionally, where you have or propose to have a relationship with a third party (contractual or otherwise) in connection with a product or service, we may share information with such third party as authorized by you, and the handling of information by that party will be subject to your agreement(s) with that party.
Transfers of personal information to other countries
Your personal information may be transferred around the world to countries in which we do business, including to our parent company, subsidiaries, affiliates and related group companies, service providers or third parties, which may be located in jurisdictions that may not have the same data protection laws as those in your home country. In such circumstances we are responsible for making sure that your information continues to be protected.
4. Other
When you communicate with JBWA, your telephone conversations and electronic communications, including emails, text messages and instant messages, may be monitored or recorded to the extent permitted by applicable law.
CONSENT
You have the right to not provide (or to withdraw by written notice at any time) your consent to the collection, use, processing and sharing of your personal information. If you choose to not provide (or to withdraw) your consent, we may not be able to provide you with certain products and services.
We may make changes to this document at any time and will inform you of changes or take other steps as required by applicable law.
If you have any questions regarding the collection, use, processing and sharing of your personal information (including specific details about entities with which we share personal information), please contact the Grievance Officer for JBWA at: Mafatlal Centre, 8th Floor Nariman Point Mumbai, 400 021
By signing this document, you acknowledge and consent to the collection, use, processing and sharing of your personal information in accordance with the above, as provided in account documents, as permitted by local law, or as otherwise agreed between us.
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4. Risk profile
Please answer the below questions to help us determine your Investment risk profile.
1. What are your investment objectives* for this portfolio?
Income Total Return Growth
2. What is your Age profile?
Less than 30 years 30 – 50 years 50 – 65 years Beyond 65 years
3. What is your Occupation?__________________________________________
4. What is your Gross Annual Income?
Below INR 500,000 >INR 500,000 to INR 2,000,000 > INR 2,000,000
5. We confirm that our investment risk profile ** is (please select one):-
Conservative Moderate Aggressive
6. What is your Investment Experience and Expertise?
None Some Moderate Good Extensive
*Investment Objectives
Income - To obtain a continuing stream of income from investments in both fixed income instruments and equities. In order to satisfy current-yield requirements, the investor should be willing to accept the risk of principal loss.
Total Return - To strike a balance between fixed income instruments for current income and equities for growth. Despite the relatively balanced nature of the portfolio, the investor should be willing to assume the risk of price volatility and principal loss. Growth - To accumulate wealth over time through price appreciation rather than current income. The investor should be willing to accept the risk of price volatility and principal loss in seeking to achieve growth.
**Investment risk profile
Conservative - Preservation of Capital is the single most important concern. Adjusted for inflation, investment returns may be very low, or some years, negative, in exchange for high liquidity and reduced risk of principal loss.
Moderate - Accept possible loss as a natural function of investment risk incurred in the pursuit of higher total return. The degree of risk is normally reduced through diversification, asset allocation and periodic revisions to rebalance any over/underweight situations that develop.
Aggressive - Willing to sustain more risk of potential losses on individual transaction in expectation that overall portfolio results will produce above-average returns. Concentrated positions and frequent portfolio changes typify this type of investor. More speculative investment choices also require careful and continuous oversight. Investors in this category may experience a wide variance in results from one year to the next in their
pursuit of longer-term goals.
I/We acknowledge/ confirm/ provide consent for the information updated in points 1, 2, 3 and 4 on pages AD7 to AD11
1st Holder Name 2nd Holder Name 3rd Holder Name
Signature ............................. Signature .................................. Signature....................
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NOMINATION IN MUTUAL FUND UNITS
I/We____________________________________________________________________________________ (Unit holder 1)
____________________________________________________________________________________ and (Unit holder 2)
________________________________________________________________________________________(Unit holder 3)
do hereby nominate the person(s) more particularly described hereunder in respect of all Purchase of Mutual Fund Units in new folios Invested on my/our behalf by Julius Baer Wealth Advisors (India) Private Limited (JBWA) through the Power of Attorney issued by me/us and I/We authorize JBWA to submit the below nomination details to the respective Mutual Fund.
I/We understand that the below nomination will be effective only for all Fresh Investments done in New Folios , and for all the existing folios, I/We will provide a signed nomination form for any change in nomination details.
Name address of Nominee
Relation-ship with Applicant
Date of Birth
Name of Guardian
Signature of Nominee (Optional) / Guardian of Nominee (Mandatory)
Proportion (%) in which the units will be shared byeach Nominee
(to be furnished in case the Nominee is a minor) (should aggregate to 100%) @
@ The allocation/share should be in whole numbers without any decimals making a total of 100 percentBy Signing this Declaration I/We confirm that I/We have read and understood the terms and conditions as mentioned on this Form.
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Name and Address of Unit holder(s) Signature of Unit holder(s)
Unit holder 1
XX
Unit holder 2
XX
Unit holder 3
XX
Dated: ________________________
Terms and Condition for Mutual Fund Nomination 1. Nomination ensures all rights and/or amount(s) payable in respect of the holdings in Schemes of the respective
Mutual Fund would vest in and be transferred to the nominee upon death of all Unit holders. The nominee receives the units only as agent and trustee for the legal heirs or legatees as the case may be. Investors should opt for the nomination facility to avoid hassles and inconveniences in case of unforeseen events in future.
2. Nomination will be done only on a prospective basis for Fresh Investments in New Folios invested on your behalf by JBWA through the Power of Attorney issued by you.
3. Julius Baer Wealth Advisors (India) Pvt. Ltd. (JBWA) shall provide the details under the channel partner agreement with the respective Mutual Fund.
4. Nomination by a unit holder shall be applicable for investments in all schemes in the folio or account. Nomination shall be mandatory for new folios/accounts opened by an individual especially with sole holding and no
new folios/ accounts for individuals (with sole holding) would be opened without nomination. The Nomination as mentioned in this mandate will be the default nomination for all investments opened in the new Folios as mentioned above. However, investors who do not wish to nominate must communicate in writing or orally (recorded line) to JBWA confirming their non-intention to nominate.
5. This nomination will become effective for all fresh folios created after the date of registration of this Form. In case of joint holders, all the joint holders shall sign this Form. For earlier Mutual Fund investments, a separate nomination form as prescribed by the respective Mutual Fund’s will have to be signed by all the unit holders and submitted to the Mutual Fund.
6. The Nomination can be made only by individuals applying/holding units on their own behalf singly or jointly. Non-individuals including society, trust, body corporate, partnership firm, karta of Hindu undivided family, holder of Power of Attorney holder cannot nominate. But, JBWA as a POA holder can nominate on behalf of the investor as per the channel partner agreement executed with various Mutual Funds.
7. Minor(s) can be nominated and in that event, the name, address and signature of the guardian of the minor nominee(s) shall be provided by the unitholder.
8. The Nominee shall not be a trust (other than a religious or charitable trust), society, body corporate, partnership firm, karta of Hindu undivided family or a Power of Attorney holder. A non-resident Indian can be a Nominee subject to the exchange controls in force, from time to time.
9. Nomination in respect of the units stands rescinded upon the transfer of units. Transfer of units in favour of Nominee(s) shall be valid discharge by the Mutual Fund against the legal heirs.
10. JBWA as POA holder cannot cancel/change any nomination. Hence, any cancellation/change of nomination request shall be given directly by the Investor to the Mutual Fund.
11. Nomination can be made for maximum number of three nominees. In case of multiple nominees, the percentage of allocation/share in favour of each of the nominees should be indicated against their name and such allocation/share should be in whole numbers without any decimals making a total of 100 percent.
12. In the event of the Unitholders not indicating the percentage of allocation/share for each of the nominees, Mutual Fund/ Asset Management Company Limited (AMC), by invoking default option shall settle the claim equally amongst all the nominees.
13. In case of investors opting to hold the Units in demat form, the nomination details provided by the investor to the depository participant will be applicable.
14.The Investor shall indemnify and hold JBWA, its employees, officers, agents or representatives harmless from and against all direct, indirect or consequential loss, damages, claims, penalties, proceedings or expenses that may arise on account of the nomination provided by the Investor.
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SIGNATURE CARD
First Holder
Name ___________________________________________________
PAN ___________________________________________________
Signature XX_________________________________________________
Second Holder
Name ___________________________________________________
PAN ___________________________________________________
Signature XX_________________________________________________
Third Holder
Name ___________________________________________________
PAN ___________________________________________________
Signature XX_________________________________________________
JULIUS BAER WEALTH ADVISORS (INDIA) PRIVATE LIMITED (JBWA)
Please staple recent passport sized
photographs with signature
Please staple recent passport sized
photographs with signature
Please staple recent passport sized
photographs with signature
Intentionally Left Blank
AD17
SMS/E-mail alerts by stock exchanges
I/We understand that stock exchanges have a facility of informing me/us, the details of my/our transactions, through SMS (or) email or both.
I/we wish to avail the following facility
SMS alerts Mobile number to receive SMS is ______________
Email Alerts Email id to receive E-mail is __________________
SMS and Email alerts Mobile number to receive SMS is ______________
Email id to receive E-mail is __________________
I/we do not wish to avail this facility
I hereby declare that the aforesaid mobile number or E-mail ID belongs to
Me or My family (spouse, dependent children and dependent parents)
First Account Holder : xx ___________________________________
Name : _____________________________________
Place : _____________________________________
Date : _____________________________________
Intentionally Left Blank
AD19
DERIVATIVES ELIGIBILITY FORM
CLIENT INFORMATION
Account Number: Client Country of Residence:
First Account Holder: Client Email Address: Client Home Phone:
2nd and 3rd Account Holder: PoA covers account PoA covers Derivative Products Name of Agent:
Client Fax
Combined Annual Income(Salary & Bonus) from all sources:
Below Rs. 60,00,000 (State Amount Rs. ___________
Rs. 60,00,000 - Rs. 1,00,00,000 Over Rs. 1,00,00,000
Client's Liquid Assets (excluding home and autos):
Client Net Worth (Client Assets – Liabilities):
Client Investment Objective: Capital Preservation Income Income & Growth Growth Aggressive Growth
Risk Tolerance: Conservative Moderate Aggressive
Derivative Trading Objective: Growth Hedging Speculation
Check all Investment Types Requested: Buy Calls Buy Puts Sell Calls Sell Puts Combo (straddle etc.) Covered Other: ____________ Buy Futures Sell Futures
Prior Derivative Transaction Activity:
Seldom Moderate Active________Approx #
of transactions
Does Client hold RestrictedStock? Yes NoIf yes, there are restrictions on such stock being used to cover a short position in certain option contracts, satisfy margin requirements or be deliverable against a derivative obligation
Client Agreement and AcknowledgementBy signing this Derivatives Eligibility Form in the space provided below, I acknowledge that (1) the information provided to you by me/us and included in this Derivatives Eligibility Form is accurate; (2) I have read and understood the Risk Disclosure Statement provided to me; (3) I understand and accept its contents, including the risks included therein; and (4) I agree to notify you immediately of any change in my/our financial circumstances, experience needs, risk tolerance or investment objectives, or of any event that would render any of the information relating to me/us contained in the Derivatives Eligibility Form inaccurate or misleading in any way.
1. Transfer of credits in the Derivatives/F&O segment I/we authorize JBWA to utilize my/our credits arising from Mark to Market Margin, Option Premium, etc. on my/
our open positions and on expiry/close-out on my/our positions in derivative contracts on the stock exchanges towards margin requirement for entering into fresh derivative contracts unless specified otherwise.
2. Adjustment of cash margins in the Derivatives/F&O segment I/we authorize JBWA to utilize my/our cash margin deposit interchangeably as required towards Initial Margin
(SPAN), Mark to Market and any other margins as applicable to meet my/our open position obligations on either/both stock exchanges.
CLIENT’S SIGNATURE, DATE x x x x
AD20
Annexure 1
FORMAT OF AUTHORIZATION FOR MAINTENANCE OF RUNNING ACCOUNT
Date: __________________________
To,Julius Baer Wealth Advisors (India) Private Limited (JBWA)
______________________________
Subject: Authorisation for Maintenance of Running Account
For the purpose of operational convenience, I/we __________________________________________ (Name of the Client) authorize JBWA to maintain a running account instead of settlement – to – settlement payout of funds to us. All funds kept to our credit by JBWA may be treated as upfront margins and/ or security deposit, at the discretion of JBWA, for allowing exposure to me / us. Under this arrangement made at our specific request, I/we shall not claim any interest on the funds kept in running account with JBWA.
I/we hereby authorize JBWA to keep and utilize the payout / margin money deposited by me/us including credits arising from Mark to Market Margin, option premium etc. and on expiry/close-out my/our open positions in derivative contracts, in our account for meeting all our future obligations and for providing limits for trading purpose on the basis of this deposit. I/we hereby authorize JBWA to deposit the above collateral with the exchange / clearing corporation/ clearing house towards margin unless specified otherwise. These funds will be released to us as and when requested by us in writing or otherwise, subject to availability of free and unutilized balance after taking consideration all open positions and dues relating to our delivery / open positions.
I/We agree and authorize JBWA to settle funds and securities (as per the process prescribed under the regulations) as specified by us below. In case of outstanding obligations in the F&O segment on the settlement date, JBWA shall retain requisite securities (as per the process prescribed under the regulations) / funds towards such outstanding obligations and may also retain the funds expected to be required to meet margin obligations for next five trading days or as notified by regulatory authority from time to time.
My / Our preferences for settlement of funds and securities is:-
Quarterly Monthly
I/We understand that the said authorization to maintain a running account may be revoked at any time and JBWAshall act upon such revocation upon receipt of original revocation request at the registered office of JBWA.
I/we agree to bring any dispute arising from the statement of account or settlement so made to the notice of JBWApreferably within 7 days from the date of receipt of funds / securities or statements as the case may be.
Yours sincerely:
Signature:xx___________________________________
Client Name:_____________________________________
Client code:_________________________________