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WITHDRAWAL FORM Domestic Funds Coronation Management Company Limited Registration Number: 1995/010002/06 (This form may only be used by existing investors) The daily cut-off for receipt of instructions.
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Cnr FAQ
How It Works: You invest R10 000 in a unit trust. In return, you receive a number of units, which will be determined by the daily price of the fund on the date of investment. If a unit in the fund is priced at R10 on that day, you will receive 1 000 units for your R10 000.
With the Coronation Tax-Free Investment, you don't pay tax on your investment returns – both while you're invested and when your investment pays out. The taxes you save remain invested to grow, which can make an enormous difference over the long term. Tax free means: No tax on interest or other income.
Coronation Group Investor Tip The company has however proven that it is able to endure periods of short-term under performance, and the long-term investment prospects of its funds remain highly attractive for the buy in of investors.
Completed withdrawal forms must be received before 14:00 for the withdrawal to be executed on that day except for the Money Market Fund that has a cut-off time of 12:00 (noon).
No instruction will be processed unless all requirements have been met. The daily cut-off for receipt of instructions is 14h00 and 12h00 (noon) for Money Market. Completed forms are to be faxed to us on (021) 680 2500 or e-mailed to transact@coronation.co.za.
Completed forms are to be faxed to us on (021) 680 2250 or e-mailed to eflows@coronation.co.za. The withdrawal amount will be converted to cash upon receipt of all requirements after which Capital Gains Tax will be calculated.
Complete the Withdrawal form. Please email the form to transact@coronation.co.za or fax to 086 677 0007.
A withdrawal slip is, as the name implies, a form that must be completed in order to withdraw funds from your account. If you want to withdraw money from your account at a branch, you must fill out a withdrawal form. A withdrawal slip is a written request to the bank to pay the account holder the specified sum.
R-class Related content
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