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Use a black or blue pen. Print in CAPITAL letters inside the gray areas as shown in this example. A B C 1 2 3 X Please complete the information fields below (print clearly) in full Name of Reinvestment
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What is optional cash purchase ocp?
Optional Cash Purchase (OCP) is a method of investing in mutual funds where investors can purchase additional shares of a fund using their own cash rather than reinvesting dividends or capital gains distributions.
Who is required to file optional cash purchase ocp?
Anyone who wants to invest additional cash in a mutual fund through the Optional Cash Purchase (OCP) facility is required to file OCP forms with the respective mutual fund company.
How to fill out optional cash purchase ocp?
To fill out an Optional Cash Purchase (OCP) form, investors need to provide their personal information such as name, address, contact details, and their investment account number. They also need to specify the fund they want to invest in, the amount of cash they are investing, and the method of payment.
What is the purpose of optional cash purchase ocp?
The purpose of Optional Cash Purchase (OCP) is to provide investors with the opportunity to increase their investment in a mutual fund by contributing additional cash. It allows investors to take advantage of market conditions and invest more money when they have excess cash available.
What information must be reported on optional cash purchase ocp?
The information that must be reported on an Optional Cash Purchase (OCP) form includes the investor's personal details, the mutual fund they want to invest in, the amount of cash they are investing, and the method of payment.
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