PROCEDURES

ACCOUNT OPERATING PROCEDURES

PPA requires that certain account operating procedures be implemented for PPA to deliver its portfolio administration services in a timely and efficient manner.

These procedures are:

• You appoint PPA as the registered postal address for your portfolio correspondence,
   
• You provide PPA with a limited administrative authority over your investments,
   
• You authorize PPA to establish on-line enquiry access to your bank or other like account attached to your portfolio. Please note that we require only enquiry and not operating access,
   
• Your investment holdings are broker sponsored where possible, and
   
• You instruct your investment advisor to deliver your sponsored holdings and client ledger statements to us by the 5th working day after each quarter end and to assist us from time to time in resolving any transaction queries.
   

To become a PPA client, you will need to send us a completed PPA Portfolio Administration Service Agreement. To obtain the Agreement, you can download it from this website – please see “Client Agreement” in “Our Brochure” on the left side menu board.

Page 1 of the Agreement describes the limited administration authority that you give to us.

In forwarding the completed Agreement to us, please attach the initial account establishment information as requested in the Agreement. If you have any doubts as to the initial information we require, please call us for assistance.