Different investments require different treatment for the placement into the market place. Prime Time has developed various processes to facilitate the placement of funds. In all cases of investment placement it is required that Prime Time "know their client". This is best achieved by the completion of a data collection form usually involving a face to face interview. Such a form can be completed individually and returned by the client. In the latter case, the form will be required by Prime Time before any placement of funds takes place.

Shares

The following process should be followed for the placement or sale of shares.

1. The client should inform Prime Time of their request to buy or sell via the telephone. In the event of a buy it is wise to seek research information before placing the "buy" order.
   
   
2. In either case we require a confirmation of the request to be faxed or emailed to Prime Time. It must indicate the name of the equity to be purchased the number of equities or the amount of funds to be used to purchase or sell. It must also indicate the name in which the buy or sell is to be actioned.
   
   
3. Prime Time will not action any request without the above confirmation.
   
   
4. Once the confirmation has been received a buy or sell order is lodged with the relevant broker. Prime Time then received a confirmation via fax on the day of the sale. The client will be posted relevant information in the mail within the next few days.
   
   
5. The client (if it has been a buy order) will have information supplied indicating that the shares have been registered in the name indicated on the original form. Prime Time also receives information and this is then placed into the client files.

Managed Funds Investments

Where a client has funds to invest and they do not wish to place them into equities then the following action is taken to invest.

1. A data collection form must be completed that indicated current assets and liabilities. It must also indicate what are the chosen objectives and plans as well as Risk profile for each client.
   
   
2. Using this information the planner will then develop a written plan tailored to what has been written. This is then presented to the client at another interview at which time the client accepts, modifies or rejects the plan. If the suggested plan is rejected then no further action is taken by Prime Time.
   
   
3. Once the plan is accepted then each client signs this off. At that time relevant application forms are completed and submitted with the cheque for the sum to be invested.
   
   
4. This is placed with the master fund that in turn will communicate on behalf of Prime Time that the clients funds are invested in the relevant fund managers.
   
   
5. Prime Time also receives confirmation of the placement and this is then enclosed in the client files.
   
   
6. When and if the client desires reports Prime Time will provide "Review Reports" on all funds. Funds are usually reviewed in some form each six months.

Insurance

The purchase of relevant insurance has been dealt with in another section of this site. It is important to note that each client will also have to complete a relevant data collection form to ensure that Prime Time has all relevant information to proceed with the best option and amount of Insurance for the client.

Retail Funds or One-off Placement of Funds for Clients

Prime Time will if directly asked place funds on behalf of clients. Provided the client makes an approach to us and directs us to place the investment amount into a particular fund without any advice from the Licensee, we will do this.

What the client will be required to do is to sign-off on our "Nil Advice" form that Prime Time has not provided any advice in the placement of the funds. We cannot offer any direct report facilities on these types of funds.

Entry costs to these funds are by way of direct commissions as stated in the relevant prospectus and can be as high as 4%.

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