Deadlines for Subscriptions and Redemptions
Heritage Managed Portfolio
Requests for subscriptions to and redemptions from the Fund must be received by Heritage by the close of business on the last business day of the month. In the case of subscriptions, we must be in receipt of cleared funds by the last business day of the month in order to meet the above requirements. Redemptions of shares are paid out on the 5th business day after the month-end and can only be paid into an account in the name of the investor (which is usually maintained with Heritage). Unfortunately, no exceptions can be made if these deadlines are missed for any reason. It is, therefore, important that clients plan their cash flow requirements with these monthly deadlines in mind and, if necessary, hold slightly larger cash balances in our cash management facility if there is any chance that they may require funds between month-ends.
SVS Heritage Balanced Portfolio Fund
This fund is a daily dealing fund. Settlement for redemptions is four working days after the redemption date.
The above information does not constitute an offer to subscribe for shares and should be read in conjunction with the full text of the Scheme Particulars (for the HMPF) and the Fund Prospectus (for the SVSHBPF).