How to invest in Milford PIE Funds

If you are a new investor:

1. Read the Investment Statement
2. Complete the application form on pages 15 and 16 of the Investment Statement
3. You can pay by cheque for the minimum $10,000 initial investment amount made out to TEA Custodians o/a
    Milford Funds Ltd crossed 'non transferable' or direct credit into the following account 02 0500 0907231 000
    in the name of TEA Custodians o/a Milford Funds Ltd.
4. Mail documentation to:
    Milford Funds Limited
    c/- Trustees Executors Limited
    PO Box 409
    Wellington 6140

If you are an existing investor:

1. Please obtain an application form on pages 15 and 16 of the Investment Statement
2. Place your unitholder number in the boxes at the top of the application form
3. Tick the box at the top of the form which states "This is a subsequent investment" and complete the
    Investor Details on the application form.  You do not need to provide identity documentation with 
    subsequent investments.
4. You can pay by cheque made out to TEA Custodians o/a Milford Funds Ltd crossed 'non transferable' or
    direct credit into the following account 02 0500 0907231 000 in the name of TEA Custodians o/a Milford
    Funds Ltd.  If you do direct credit, please reference your unitholder number in the electronic payment.
5. Mail documentation to:
    Milford Funds Limited
    c/- Trustees Executors Limited
    PO Box 409
    Wellington 6140
 

Withdrawal of units:

Withdrawal Requests will generally be processed, and units withdrawn, at the next unit price calculated after a correctly completed Withdrawal Request is received by Milford. It is currently intended that units will be priced daily.

A completed Withdrawal Request is a letter signed by the investor / Trustees to Milford Funds Limited which states you how much you would like to withdraw from the Fund. Within this letter you need to supply your name as per the investment details, the account  / investment number and your bank account details.  This letter can be mailed to:
Milford Funds Limited
c/- Trustees Executors Limited
PO Box 409
Wellington 6140

A Withdrawal Request must be for a minimum value of $1,000 (unless the Withdrawal Request relates to all units held by a unitholder or it is a regular withdrawal from the Income Fund where the minimum regular withdrawal is $200) and a unitholder will generally not be permitted to decrease their unit balance to less than $10,000 (unless the withdrawal relates to all units held).
 

For more information please see page 24 and 25 of the Milford Unit Trust PIE Funds Investment Statement