7R FKRRVH WKH GHVLUHG 9DULDWLRQ EDQN QXPEHU URWDWH WKH $OSKD 'LDO XQWLO WKH FRUUHFW
YDULDWLRQ QXPEHU LV GLVSOD\HG 9DULDWLRQ LV WKH QRUPDO *HQHUDO 0,', EDQN 2))
PD\ DOVR EH VHOHFWHG WR SUHYHQW D 0,', FRXSOHU SLVWRQ IURP VHQGLQJ %DQN 6HOHFW
PHVVDJHV
6HOHFW D 3URJUDP &KDQJH QXPEHU RU UHWXUQ WR WKH 7UDQVSRVHU PHQX E\ SUHVVLQJ WKH
0,', FRXSOHU SLVWRQ RU *HQHUDO &DQFHO
7KH YDULDWLRQ VHOHFWHG LV VDYHG LQ FRPELQDWLRQ SLVWRQV DORQJ ZLWK WKH RWKHU 0,', VHWWLQJV
0,', 6281'6 ,1 &20%,1$7,21 3,67216
2QFH D 0,', VRXQG KDV EHHQ VHW RQ D 0,', FRXSOHU SLVWRQ WKH VDPH 3URJUDP &KDQJH
QXPEHU LV VHQW HDFK WLPH WKH FRXSOHU SLVWRQ LV DFWLYDWHG 7KH VRXQG LV DOVR VDYHG RQ DQ\
FRPELQDWLRQ SLVWRQ WKDW LQFOXGHV WKDW 0,', FRXSOHU SLVWRQ
(DFK 0,', FRXSOHU SLVWRQ KDV D QXPEHU RI DVVRFLDWHG VHWWLQJV ZKLFK PD\ EH FKDQJHG LQ WKH
&RQVROH 'LVSOD\ 7KHVH VHWWLQJV DORQJ ZLWK WKH 0,', VRXQG FDQ EH VDYHG LQ D FRPELQDWLRQ
SLVWRQ (DFK FRPELQDWLRQ SLVWRQ PD\ LQFOXGH RQH RU PRUH 0,', FRXSOHU SLVWRQV 7KH 0,',
FRXSOHU SLVWRQ VHWWLQJV FDQ EH VDYHG DW DQ\ WLPH XVLQJ WKH 0,', 6DYH SURFHGXUH 7KH VDYHG
VHWWLQJV DUH UHWDLQHG ZKHQ WKH RUJDQ LV WXUQHG RII
6$9,1* $ 0,', 6281' ,1 $ &20%,1$7,21 3,6721
$IWHU VHOHFWLQJ D 0,', VRXQG RQ D 0,', FRXSOHU SLVWRQ WKLV FDQ EH VDYHG RQ D *HQHUDO RU
'LYLVLRQDO FRPELQDWLRQ SLVWRQ IRU LPPHGLDWH UHFDOO
6HOHFW D 0,', VRXQG RQ D 0,', FRXSOHU SLVWRQ
3UHVV DQG KROG WKH 6(7 SLVWRQ WKHQ SUHVV WKH FRPELQDWLRQ SLVWRQ ZKHUH WKH 0,',
VRXQG LV WR EH VDYHG
5HOHDVH ERWK SLVWRQV
$'',7,21$/ 0,', 6(77,1*6
7KHUH DUH PDQ\ 0,', VHWWLQJV WKDW FDQ EH VDYHG ,I WKH VHWWLQJV DUH FKDQJHG DQG QRW VDYHG
WKH RULJLQDO 0,', VHWWLQJV GHIDXOW VHWWLQJV UHWXUQ ZKHQ WKH RUJDQ LV WXUQHG RII 0,', VHWWLQJV
WKDW FDQ EH FKDQJHG DQG VDYHG LQFOXGH 0,', QRWH YHORFLW\ RFWDYH VKLIW DQG 0,', WUDQVPLW DQG
UHFHLYH SDUDPHWHUV
&KDQJHV PDGH WR 0,', VHWWLQJV DUH WHPSRUDU\ DQG DUH ORVW ZKHQ WKH RUJDQ LV WXUQHG RII
XQOHVV WKRVH VHWWLQJV DUH VDYHG 1RWH $ 0,', 6DYH PD\ EH SHUIRUPHG WR VDYH D 0,', VHWWLQJ DV
WKH GHIDXOW 3OHDVH UHIHU WR WKH ³0,', 6DYH´ VHFWLRQ
0,', 127( 9(/2&,7<
0,', QRWH YHORFLW\ FRQWUROV WKH DWWDFN TXDOLW\ DQG ORXGQHVV RI 0,', VRXQGV 7R VRXQG
DXWKHQWLF LQVWUXPHQWV VXFK DV WKH SLDQR DQG RWKHU SHUFXVVLRQ LQVWUXPHQWV UHTXLUH D JUHDWHU DQG