TAME™ Parameters
Upside Monitoring
Increase Desired (ID): For investors seeking to sell at a specified increase. Under the Increase Desired parameter, you select an Increase Desired percentage for a fund and if the Notional Value of that fund increases in excess of the Increase Desired, your representative will be instructed to sell (redeem) all of your investment in that fund and to use the aggregate net proceeds from such sale to purchase shares of a money market fund specified by you. This parameter does not provide you with ' downside' protection.
Increase Desired/Allowable Decline (IDAD): For investors seeking an initial increase and then protection of the value and further growth when the increase is achieved. Under the Increase Desired / Allowable Decline parameter, you select both an Increase Desired percentage and an Allowable Decline percentage for a fund. If the Notional Value of that fund ever increases in excess of the specified Increase Desired, your representative will send you a letter advising that the Increase Desired has been achieved and your investment in the fund will then be monitored from that date with respect to the specified Allowable Decline. If the Notional Value of the fund subsequently decreases in excess of the Allowable Decline, your representative will be instructed to sell (redeem) all of your investment in that fund and to use the aggregate net proceeds from such sale to purchase shares of a money market fund specified by you. This parameter does not provide you with ' downside' protection until the Increase Desired has been achieved.
Spread Allowable Decline: For investors concerned about principal protection, the original amount 'at risk' decreases as the fund appreciates and investors are also advised if the fund is performing well. Under the Spread Allowable Decline, you select both an Allowable Decline percentage and an Increase Desired percentage for a fund. If the Notional Value of that fund decreases in excess of the Allowable Decline (from the highest Notional Value), your representative will be instructed to sell (redeem) all of your investment in that fund and to use the aggregate net proceeds from such sale to purchase shares of a money market fund specified by you. If the Notional Value of the fund increases in excess of the Increase Desired, your representative will send you a letter advising that the Increase Desired has been achieved. Your investment in the fund will NOT be sold unless the Allowable Decline percentage is exceeded.