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REDEMPTION OF UNIT HOLDING REQUEST FORM ABOUT THIS FORM is to be completed by unit holders wishing to redeem either partially or their entire unit holding with SHUT. Please check all details, then
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How to fill out redemption of unit holding

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How to Fill Out Redemption of Unit Holding:

01
Obtain the redemption form from the entity that issued the units.
02
Fill in your personal information on the form, including your name, contact details, and any other requested information.
03
Specify the number of units you wish to redeem. This can usually be done by indicating the number of units or the amount of money you wish to redeem.
04
Provide the necessary account details where the redemption proceeds should be credited. This may include your bank account number and the name of the financial institution.
05
Sign and date the form to confirm your request for redemption.
06
Submit the completed form to the entity that issued the units, following their instructions for submission, which may include mailing, faxing, or submitting it in person.

Who Needs Redemption of Unit Holding?

01
Investors who no longer wish to hold their units in a particular investment fund or scheme may choose redemption to exit their investment.
02
Investors who require immediate liquidity or need access to their invested funds may opt for redemption.
03
Investors who believe that the investment is no longer performing as expected or no longer aligns with their financial goals may consider redeeming their unit holdings.
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Redemption of unit holding is the process of selling back units of a mutual fund or investment trust to the issuing company.
Investors who wish to sell their units in a mutual fund or investment trust are required to file redemption of unit holding.
To fill out redemption of unit holding, investors must contact the issuing company or their financial institution and follow their specific redemption procedures.
The purpose of redemption of unit holding is to provide investors with a way to sell their units in a mutual fund or investment trust and redeem the value of their investment.
Investors must report details such as their account number, the number of units to be redeemed, and any other required information specified by the issuing company.
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