QUOTE(Akane Soma @ Jan 8 2012, 11:52 PM)
Can someone guide me how do i sell/withdraw money from my public mutual funds? Need cash urgently and there's some in my public small cap. I do not have any documents with me right now. Can i go straight to a public mutual branch to sell or make a withdrawal?
Get the repurchase form. You can do that online if you have access to Public Mutual Online.Otherwise, you can go to PM branch.
Bear in mind that the repurchase takes up to 2 working days to be completed.
QUOTE
Terms and Conditions of Repurchase:
1. Repurchase transacted at and before 4:00 pm on any business day will be processed based on the closing NAV per unit of the same business day whilst Repurchase transacted after 4:00 pm on any business day will be processed based on NAV per unit of the next business day.
2. The repurchase cheque will be made payable only to First Holder.
3. Successful Repurchase transactions will be processed within 2 business days.
4. Request for direct credit of repurchase proceeds for all banks is only applicable for Mutual Gold unitholders. For non Mutual Gold unitholders, only Public Bank and Maybank is applicable.
5. 'Cheque via normal mail' will be sent to mailing address on record.
6. For full repurchase, unitholders with direct debit authorization for monthly additional investment have to advise their bank to cancel it immediately.
7. Please contact our Hotline 03-6207 5000 should you require further information.
1. Repurchase transacted at and before 4:00 pm on any business day will be processed based on the closing NAV per unit of the same business day whilst Repurchase transacted after 4:00 pm on any business day will be processed based on NAV per unit of the next business day.
2. The repurchase cheque will be made payable only to First Holder.
3. Successful Repurchase transactions will be processed within 2 business days.
4. Request for direct credit of repurchase proceeds for all banks is only applicable for Mutual Gold unitholders. For non Mutual Gold unitholders, only Public Bank and Maybank is applicable.
5. 'Cheque via normal mail' will be sent to mailing address on record.
6. For full repurchase, unitholders with direct debit authorization for monthly additional investment have to advise their bank to cancel it immediately.
7. Please contact our Hotline 03-6207 5000 should you require further information.
This post has been edited by David83: Jan 8 2012, 11:56 PM
Jan 8 2012, 11:53 PM

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