Receipt and Agreement

Two copies of a Receipt and Agreement document are issued to participants at the time of entry, setting forth the terms under which invested funds are held and acknowledging the amount received to establish the new account. Both copies should be signed by the participant's representatives. One copy is to be retained by the participant and the other returned immediately to the United Church Foundation.

Upon the addition (or withrawal) of funds to (or from) an account, participants receive a transaction confirmation document showing the number of units purchased (or sold) and the daily net asset value per unit applied to the transaction.

To preview the standard "Receipt and Agreement" participants enter into when they place assets under investment in UCF Common Investment Funds, click on Receipt and Agreement.