Common use of Rights of Accumulation Clause in Contracts

Rights of Accumulation. You understand that a breakpoint discount may also be obtained by combining the value of all shares (such as Class A, B, C, M or T shares or Section 529 plan holdings) that you hold in a particular fund family. This ability to combine such holdings is generally known as a “right of accumulation.” The circumstances under which rights of accumulation are available are described in the fund’s prospectus and/or SAI.

Appears in 1 contract

Sources: Brokerage Account Customer Agreement

Rights of Accumulation. You I understand that a breakpoint discount may also be obtained by combining the value of all shares (such as Class A, B, C, M or T shares or Section 529 plan holdings) that you I hold in a particular fund family. This ability to combine such holdings is generally known as a “right of accumulation.” The circumstances under which rights of accumulation are available are described in the fund’s prospectus and/or SAI.

Appears in 1 contract

Sources: Client Information and Disclosures