Interest rates for custody terms and conditions (offshore–SIG)

Sterling balances:

On U.S. dollar balances:

On Euro balances:

Interest is calculated on a daily basis and is credited to investment accounts every month. The above rates quoted are subject to any charges which may be levied by your wealth or investment manager.

The Custodian will not pay any credit interest on balances in any other currency or pay credit interest in any currency to The Custodian’s Institutional Asset Management clients. The Custodian does not allow Customer cash accounts to be overdrawn, where overdrawn accounts occur the Custodian may at its discretion charge an overdraft rate at the appropriate Central Bank official interest rate.

In the event of a charge being incurred by the Custodian for holding a cash balance (a negative interest rate) in its client bank accounts, the Custodian reserves the right to pass such charges to the Customer.

This information is provided by SEI Investments – Guernsey Limited, 1st and 2nd Floors, Elizabeth House, Les Ruettes Brayes, St Peter Port, Guernsey, GY1 1EW. SEI Investments – Guernsey Limited is regulated in Guernsey by the Guernsey Financial Services Commission (“GFSC”).