Account features to help you reduce or eliminate sales charges
We offer a number of ways to reduce or eliminate the sales charge on shares. Please refer to the statement of additional information for detailed information and eligibility requirements.
You can also get additional information from your financial advisor. You or your financial advisor must notify us at the time you purchase shares if you are eligible for any of these programs. You may also need to provide information to your financial advisor or the Fund in order to qualify for a reduction in sales charges. Such information may include your Nomura Funds holdings in any other accounts, including retirement accounts, held indirectly or through an intermediary, and the names of qualifying family members and their holdings.
We reserve the right to determine whether any purchase is entitled, by virtue of the foregoing, to the reduced sales charge. Class R and Institutional Class shares have no upfront sales charge or contingent deferred sales charge (CDSC), so the following does not apply to those share classes.
Combined purchases privilege
When you determine the availability of the reduced front-end sales charges on Class A shares, you can include, subject to certain exceptions, the total amount of any class of shares you own of a Fund and all other Nomura Funds. However, you cannot include mutual fund shares that do not carry a front-end sales charge, CDSC, or Limited CDSC, unless you acquired those shares through an exchange from a Nomura Fund that did carry a front-end sales charge, CDSC, or Limited CDSC.
The privilege also extends to all purchases made at one time by an individual; an individual, his or her spouse and their children under 21; or a trustee or other fiduciary of trust estates or fiduciary accounts for the benefit of such family members (including certain employee benefit programs).
Letter of intent
Through a letter of intent, you agree to invest a certain amount in Nomura Funds (except money market funds with no sales charge) over a 13-month period to qualify for reduced front-end sales charges. This feature is available for the purchase of Class A shares. Although the letter of intent does not apply to the purchase of Class C shares, you can combine the value of your Class A shares with your purchase of Class C shares to fulfill your letter of intent. You may also use the letter of intent in connection with the rights of accumulation privilege.
Rights of accumulation
You can combine your holdings or purchases of all Nomura Funds (except money market funds with no sales charge), as well as the holdings and purchases of your spouse and children under 21 to qualify for reduced front-end sales charges. This feature is available for the purchase of Class A shares. Although the rights of accumulation do not apply to the purchase of Class C shares, you can combine your purchase of Class A shares with your purchase of Class C shares to fulfill your rights of accumulation.