3.3.1 Set Up Deal for Investor

This topic provides the systematic instructions to set up deal for investor.

When you map a charge (or load) to a fund, or a load group, the loads are applied to transactions requested by all investors that transact in the fund or load group subject to the evaluated criteria of the loads matching the unit holder and the transaction.

In some cases, the AMC may wish to offer a special, unique load option to be applied on all transactions involving a specific CIF Account or unit holder. This could also be at the request of the investor. This special load option would override the existing load option mapped to the fund or load group. Such a load option is called a deal for an investor.

The deal consists of specifying a new return value for any or all of the loads mapped to the fund or load group. You specify the new return value against an existing return value that is based on a percentage or a fixed amount for the load.

You can set up a deal:

• For a specific unit holder under a CIF customer account.
• For all unit holders under a CIF account.
• For a single, non-CIF unit holder.
• To be applicable to all transactions of the selected unit holder/ CIF unit holder in a specific fund.
• To be applicable to all transactions of the selected unit holder/ CIF unit holder in any or all of the funds under a specific load group.
• To be applicable on a specific load that has been mapped to a fund or load group.

The usage of a negotiated deal is different from an over-the-counter load override. Negotiated deals are generally done for special customers with pre-defined business agreements that are exceptional to the normal business rules.