Common use of Share Class Conversion Clause in Contracts

Share Class Conversion. If, when I open and initially fund my Account, or upon any subsequent funding, I transfer into my Account shares of mutual funds that are Eligible Investments, it may be necessary to convert some or all of my existing share class to a class determined by Xxxxxx Xxxxx to be appropriate for Guided Solutions. I understand and agree that Xxxxxx Xxxxx may convert the class of shares transferred into another class of shares of the same Eligible Investments selected by Xxxxxx Xxxxx. I understand and agree that Xxxxxx Xxxxx may, at any time, convert any existing class of mutual fund shares that are Eligible Investments in my Account to another class of shares of the same Eligible Investments selected by Xxxxxx Xxxxx. I understand that all conversions could result in higher or lower fees and/or expenses than those paid under the previous share class. Taxable gains, taxable losses, redemption fees or sales charges may be assessed upon the liquidation or redemption of securities. I understand that these fees and expenses may negatively affect my investment performance.

Share Class Conversion. If, when I open and initially fund my Account, or upon any subsequent funding, I transfer into my Account shares of mutual funds that are Eligible Investments, it may be necessary to convert some or all of my existing share class to a class determined by Xxxxxx Xxxxx to be appropriate for Guided Solutions. I understand and agree that Xxxxxx Xxxxx may convert the class of shares transferred into another class of shares of the same Eligible Investments selected by Xxxxxx Xxxxx. I understand and agree that Xxxxxx Xxxxx may, at any time, convert any existing class of mutual fund shares that are Eligible Investments in my Account to another class of shares of the same Eligible Investments selected by Xxxxxx Xxxxx. I understand that all conversions could result in higher or lower fees and/or expenses than those paid under the previous share class. Taxable gains, taxable losses, redemption fees or sales charges may be assessed upon the liquidation or redemption of securities. I understand that these fees and expenses may negatively affect my investment performance.

Share Class Conversion. If, when I open and initially fund my Account, or upon any subsequent funding, I transfer into my Account shares of mutual funds that are Eligible Investments, it may be necessary to convert some or all of my existing share class to a class determined by Xxxxxx Xxxxx to be appropriate for Guided Financial Advisor Managed Solutions. I understand and agree that Xxxxxx Xxxxx may convert the class of shares transferred into another class of shares of the same Eligible Investments selected by Xxxxxx Xxxxx. I understand and agree that Xxxxxx Xxxxx may, at any time, convert any existing class of mutual fund shares that are Eligible Investments in my Account to another class of shares of the same Eligible Investments selected by Xxxxxx Xxxxx. I understand that all conversions could result in higher or lower fees and/or expenses than those paid under the previous share class. Taxable gains, taxable losses, redemption fees fees, or sales charges may be assessed upon the liquidation or redemption of securities. I understand that these fees and expenses may negatively affect my investment performance.