BOOKS™ Manual

name, street name, at the fund, networked with the brokerage account, or whether a certificate is to be issued and where the certificate is to be sent. Put an X in the appropriate buttons by clicking on the button with the mouse.

Fees buttons

The fees buttons are used in special accounts where purchases of no-load funds and net asset value purchases are allowed. If you are doing this type of trade, click on the appropriate buttons to indicate the status of this order.

Systematic Withdrawal Plan

If you are setting up a systematic withdrawal plan with this order. Click on the top button, and fill in the monthly withdrawal amount in the SWP Amount field. Note that a paper application must follow to set up the plan.

Prospectus to Client button

Click on this button if you want a copy of the prospectus sent to the client. Even if you have given the client a prospectus, some firms may require that this button be chosen on every mutual fund order so that there is no doubt that the client received a prospectus. Check with your firm's compliance department for the regulations at your firm.

Mutual Fund Reports & Confirms
If you enter Mutual Fund orders through a trading desk at your firm, then  the process for Reports and Confirms will be the same one you use for your other orders. For trades placed directly with the mutual fund company,  you will not get a report or confirm other than the statement from the mutual fund company.
See Office procedures for a suggested method of handling direct order reports and confirmations.