9.1.2 Capture Information Specific to a Security Type

If the Security Type is ‘Bond

Specified the Security Type for a class as Bond, you can indicate if Call and Put options would be available.

The issuer of a bond may also offer the option of converting the bond into shares or equities. Such bonds are referred to as Convertible bonds. When defining a Security Preference Class,with the Type as Bond, you can capture this information by choosing the Convertible option.

Redemption

• Series
• Quantity
• Bullet

The Redemption Mode that you specify for a class, will default to the products that you associate with the class. When defining the redemption mode for a specific product, you can change the default redemption mode.

If the Security Type is Equity

The issuer of equity can grant a holder, voting rights. You can capture this information when defining a Security Preference Class with the Security Type, Equity. The holders of all equities maintained under a product, by default, will have voting rights. You can change these default attributes when maintaining the product.

If the Security Type is Right or Warrant

Rights and Warrants can be renounced. To capture this information at the Security Preference class level, you can choose the Renouncable option.