Requirements when Purchasing Units
The following table lists the requirements when purchasing units with the FHUT:
| Type of Investor | Details Required with Application Form | Signature(s) Required |
|---|---|---|
| Individual | Individual details: - Valid photo identification * - Birth Certificate - Proof of source of funds | Individual |
| Joint Unit holders | Details for both investors: – Valid photo identification* – Birth Certificate – Proof of source of funds | Both investors |
| Investing on behalf of a minor | Adult’s name ATF minor’s name: – Valid photo identification of adult* – Birth Certificate of Adult & Minor* – Proof of source of funds Example: Mr. John Smith ATF Junior Smith | Adult |
| Company (Includes all Investors qualifying FHUT as a Trustee Investment) | Name of Company: – Certificate of Registration – Registered Memorandum and Articles of Association of Company – Birth Certificate & Valid photo identification documents of the trustees* – Minutes of the last Board meeting selecting Directors and resolution to invest -Proof of source of funds | As per Board minutes |
| Trust or Groups | Name of Trust or Group: – Registered Scheme Deed/Association/Club – Charter or Constitution – Minutes of meeting with signed members’ attendance list – Resolution to invest – Birth Certificate and valid photo identification of Trustees* – Proof of source of funds | All the Trustee |
| Deceased Estate | The Executor’s name ATF Estate name: Documents relating to the estate – Probate – Letters of Administration – Valid photo identification of the trustee or the executor or administrator* – Proof of source of funds Example: Mr. John Smith ATF Estate Name | Executor or Administrator Of |
For cash transactions of $5,000 or more and suspicious transaction reporting with the requirement of the ‘Financial Transactions Reporting Act (2004)’, the Manager is required to acquire investor information for customer/investor information verification. Investors are to provide supporting documents; copy of valid photo identification, source of fund/ income and any other document requested by the Manager (FHL FML).
Please contact the FHL FML licensed representatives on Telephone: (679) 331 1120 for any assistance you may need in filling out the application form.
Important Notes:
For all non-face to face customers, all documents must be certified by Justice of Peace, Notary or Commissioner of Oath.
- Investors who do not or refuse to produce adequate identification documents maybe refused the transaction by FHL FML and will be reported to the Financial Intelligence Unit (FIU) (FTR Act.s.7).
- For more details on suspicious transaction reporting, please refer to the FTR Act.
- Refers to one or more of the following: valid passport, driver’s license, FNPF membership card & any utility bills, etc.