CI Ops - PPA

Which CI form is used to set up PPA?

• Edward Jones DCA Form

• Portfolio Percentage Allocation Form

• New CI Application Form

• Automatic Rebalancing Service Form

What information is required to set up PPA?

Answer explanation

1. Fund %

2. Variance

3. Method (account/fund level)

4. Frequency

The default variance is

• 2.5%

• 5.%

• 7.5%

• 10%

The default frequency is

• Monthly

• Quarterly

• Semi-Annually

• Annually

The default method is

• Account level

• Fund Level

• Immediate

Which of these scenarios would you send to Resolutions?

• The fund name is missing

• The variance is missing

• The frequency is missing

• The target mix does not add up to 100%

The rebalancing process is done on the fund, not the load (FEL/DSC/LL).

• True

• False

If we receive a request to set up PPA on fund level however, only one fund is provided, what should we do?

• Send to Resolutions to obtain more funds

• Nothing is to be processed

• Set up the PPA on account level

• Set up the PPA on fund level

If we receive a request to set up PPA on account level however, only one fund is provided, what should we do?

• Send the item to Resolutions to obtain more funds

• Nothing is to be processed

• Set up the PPA on account level

• Set up the PPA on fund level

Answer explanation

This can be done - all future purchases, switches, transfers-in will rebalance to the one target fund

Rebalancing occurs on the first Friday of the month, only if the fund weightings sway off the target mix.

• True

• False