Introduction
Krespoint is committed to ensuring that our clients have a clear understanding of our investment policies and procedures. This document outlines the policy regarding early withdrawals from investments before the due date and the associated processing time.
Purpose
The purpose of this policy is to establish a standard procedure for handling early withdrawals in compliance with global investment policies and to maintain the stability and performance of our investment portfolios.
Policy Statement
In accordance with global investment policies and to protect the interests of our investors, Krespoint has established a policy for processing early withdrawals from investments before the due date. This policy aims to strike a balance between providing liquidity to our clients and maintaining the integrity of our investment portfolios.
Early Withdrawal Processing Time
- a. If an investor requests a withdrawal from their investment before the agreed- upon due date, the processing time for such withdrawal will take between 30 to 60 days.
- b. The extended processing time is necessary to ensure compliance with global investment policies, manage any potential market impact, and maintain the overall stability of our investment portfolios.
- c. Krespoint reserves the right to amend the processing time based on market conditions and other factors affecting the performance of our investment portfolios.
Exceptions
In exceptional circumstances, Krespoint may consider processing early withdrawals within a shorter time frame. These decisions will be made on a case- by-case basis and at the sole discretion of the company.
Communication
This policy will be communicated to all clients upon opening an investment account with Krespoint. It will also be available for review on our website and in our client documentation.
Review
This policy will be reviewed periodically to ensure that it remains compliant with global investment policies and continues to meet the needs of our clients and our business. Any changes to this policy will be communicated to our clients in a timely manner.
By investing with Krespoint, clients acknowledge and agree to this early withdrawal policy and the associated processing time for early withdrawals from their investments.