|
FAQ'S
INVESTMENT
AMOUNT
How much can I invest in the GinsGlobal Index Funds
(Mauritius) Limited?
An individual investor can invest a minimum of $5 000 in a lump sum with
no
maximum limit. For monies already offshore, a minimum of $5 000 exists
along with no maximum limit.
INVESTING
THROUGH YOUR FINANCIAL ADVISOR
How do I make an investment?
Your intermediary · generally your broker or financial adviser
· can invest on your behalf, and will provide you with all the
necessary information for you to make an informed decision.
INVESTING
DIRECTLY
Can I invest directly into the funds?
Yes. Please contact our Beverley Hills office. The costs will
be the same as going through your intermediary.
Can I pledge my investment as security against
a bank loan?
Yes, although this can depend on the bank you are using. You will
need to complete a securities transfer form.
PROOF
OF MY INVESTMENT
What
proof do I have that I have bought the shares?
At the time of your initial purchase you will receive written confirmation
indicating the number of shares and value of your investment, at purchase
date.
How
is my money actually invested offshore?
You must get your bank to wire the funds directly to GinsGlobal Index
Funds (Mauritius) Ltd's offshore bank account. Please refer to the application
forms for details.
Should you
have existing funds offshore, these funds can be wired directly into the
relevant offshore GinsGlobal bank account. Please refer to the application
forms for details.
Who
are the wire transfers made payable to?
The wire transfer of US$ cheques must be made out to GinsGlobal Index
Funds (Mauritius) Limited. Wire transfers must be sent directly to
our offshore bank account. US$ cheques must be sent to our offshore
administrator. Please refer to the application forms for details.
CASHING
IN MY INVESTMENT
If
I wish to sell my shares, do I stipulate a Rand or Dollar amount, or number
of shares I wish to sell?
Only an exact number of shares must be stipulated for sale on the repurchase
form. The proceeds of the sale can be paid directly into any offshore
bank account.
COMBINING
FUNDS
Can
I combine my money with other investors to meet the $5 000
minimum amount?
Yes, but you will first need to appoint one person in whose name the funds
will be held. You will need to make your own legal arrangements for
distribution of the money if you want to sell your shares. Alternatively,
talk to your intermediary about setting up a private trust or company.
PERFORMANCE
OF FUNDS
Will
I receive separate interest and dividend payments from the funds?
No. All interest and dividends are rolled up into the fund, i.e.
reinvested in the fund. You would need to sell shares should you
wish to receive any income from these funds.
Where
can I obtain the US$ value of my investment?
Please phone our Beverly Hills office: (310) 432 4399
Where
can investors obtain performance figures for the GinsGlobal Index Funds?
Since all GinsGlobal Index Funds (Mauritius) Limited funds track recognized
world indices it is likely that performance figures will mirror these indices. A
small tracking error will likely occur. A useful idea is therefore
to monitor the particular index you have chosen.
You can also
e-mail or phone our Beverly Hills office directly for performance information.
FEEDBACK
How
often will I receive notification concerning my offshore funds?
You will receive confirmation of the initial investment upon the transaction
being finalised. A statement reflecting the value of the investment
and the latest transactions will be posted quarterly.
Can
I receive my statements outside the U.S.?
Yes.
LENGTH
OF INVESTMENT
As a guideline, what is the length of time I should plan to invest my
money for?
The Guaranteed Index Funds have a 5 year investment term. This means
the funds are locked in for this period. In an emergency you can
cash out of this investment but at a higher costs.
A term of
at least 3 years is recommended for the regular equity funds. Investments
made in the bond and money market funds can be for a shorter period.
HAVING
EXISTING MONIES ABROAD
If
I have monies abroad, can I invest them? How?
Yes, such monies can be paid directly into GinsGlobal Index Funds (Mauritius)
Limited offshore bank account. Please refer to the application forms.
SWITCHING
BETWEEN FUNDS
Can
I switch between the sub-funds of GinsGlobal Index Funds (Mauritius) Limited,
and what does this cost?
Yes, you are able to make switches between our equity funds at no additional
cost. If the switch is from the Global Money Market Fund or Global
Bond Fund to any of the equity funds, you will simply need to make up
the respective differences between the initial charges.
FEEDBACK
How
am I taxed on my offshore investments?
Please talk to your financial advisor regarding tax issues.
DEATH
Upon
death, what happens to the funds?
The investment can either be cashed in and paid into the estate, or transferred
to a beneficiary.
|
