Common use of Custody Services Clause in Contracts

Custody Services. 3.1 Registration, nominees and safe custody Certain investments in your portfolio may be registered in the name of these nominee companies. The nominee company used by FIM is FIM Nominees Limited. Investments may also be registered in the name of appropriate eligible custodians appointed by FIM in accordance with The FSA Financial Services Rule Book. The main custodian used by FIM is BNP Paribas Securities Services. In the case of non-UK investments, may, where appropriate, be registered in the name of an overseas bank or its nominee company or held at an appropriate depository in bearer form. All title documents relating to investments in your portfolio will be held in safe custody either by us or by an appropriate overseas entity. In the latter cases, the title documents will be held to the order of FIM. All title documents will be held in such manner that it is readily apparent that the investments to which they relate do not belong to us or our associates. The beneficial ownership of each investment will be readily identifiable by FIM. In the choice and use of any such appointees, we will act in good faith and with due diligence. Charges may be made in respect of the registration and custody services specified above. If such charges are made, we may settle them out of your portfolio and such charges will be subject to the minimum charges as set out in the charges section as noted on the Application Form and as varied from time to time. Where applicable, such fees will be charged quarterly in arrears and the relevant amount will be deducted from your portfolio. You will be notified of any such deduction on your quarterly valuation statement.

Custody Services. 3.1 5.1 Registration, nominees and safe custody Certain investments in your portfolio ISA may be registered in the name of these nominee companies. The nominee company used by FIM is FIM Nominees Limited. Investments may also be registered in the name of appropriate eligible custodians custodians, appointed by FIM in accordance with The FSA Financial Services Rule Book. The main custodian used by FIM is BNP Paribas Securities Services. In the case of non-UK investments, they may, where appropriate, be registered in the name of an overseas bank or its nominee company or held at an appropriate depository in bearer form. All title documents relating to investments in your portfolio ISA will be held in safe custody either by us or by an appropriate overseas entity. In the latter cases, the title documents will be held to the order of FIM. All title documents will be held in such manner that it is readily apparent that the investments to which they relate do not belong to us or our associates. The beneficial ownership of each investment will be readily identifiable by FIM. In the choice and use of any such appointees, we will act in good faith and with due diligence. Charges may be made in respect of the registration and custody services specified above. If such charges are made, we may settle them out of your portfolio ISA and such charges will be subject to the minimum charges as set out in the charges section as noted on the Application Form and as varied from time to timetime ("the Charges Schedule"). Where applicable, such fees will be charged quarterly in arrears and the relevant amount will be deducted from your portfolioISA. You will be notified of any such deduction on your quarterly bi-annual valuation statement.

Custody Services. 3.1 4.1 Registration, nominees and safe custody Certain investments in your portfolio portfolios may be registered in the name of these nominee companies. The nominee company used by FIM is FIM Nominees Limited. Investments may also be registered in the name of appropriate eligible custodians custodians, appointed by FIM in accordance with The FSA Financial Services Rule Book. The main custodian used by FIM is BNP Paribas Securities Services. In the case of non-UK investments, they may, where appropriate, be registered in the name of an overseas bank or its nominee company or held at an appropriate depository in bearer form. All title documents relating to investments in your portfolio will be held in safe custody either by us or by an appropriate overseas entity. In the latter cases, the title documents will be held to the order of FIM. All title documents will be held in such manner that it is readily apparent that the investments to which they relate do not belong to us or our associates. The beneficial ownership of each investment will be readily identifiable by FIM. In the choice and use of any such appointees, we will act in good faith and with due diligence. Charges may be made in respect of the registration and custody services specified above. If such charges are made, we may settle them out of your portfolio and such charges will be subject to the minimum charges as set out in the charges section as noted on the Application Form and as varied from time to timetime ("the Charges Schedule"). Where applicable, such fees will be charged quarterly in arrears and the relevant amount will be deducted from your portfolio. You will be notified of any such deduction on your quarterly bi-annual valuation statement.