For investors looking to grow their portfolio with Amundi US mutual funds, purchasing additional shares is a straightforward process. Whether you are a seasoned investor or just starting, Amundi US offers multiple convenient methods to increase your investment. This guide will walk you through the various options available to add to your Amundi mutual fund account, ensuring you can easily manage and expand your investments.
Amundi Distributor US, Inc. facilitates additional share purchases through any securities broker/dealer holding a selling agreement. Beyond this, Amundi US provides several direct and user-friendly methods for investors to expand their holdings. Let’s explore these options in detail.
Purchasing Shares Online: Quick and Convenient Access
For many account holders, online purchase is the most accessible and efficient method. If your account is directly registered in your name, you likely have the privilege to buy shares online. This method is particularly user-friendly if you are already familiar with accessing your account online for management and review.
To be eligible for online share purchases, ensure the following criteria are met:
- Your bank account of record has been established for at least 30 days.
- Your bank information has remained unchanged for a minimum of 30 days.
- You are purchasing no more than $100,000 worth of shares per account daily.
- You can accurately provide your account identification information.
When you initiate an online purchase, the transfer agent will electronically debit the purchase amount from your designated bank account. Shares are then purchased at the offering price determined after the transfer agent confirms receipt of your online instruction and verifies good funds. It typically takes around three business days for bank verification of funds availability.
Purchasing Shares by Mail: A Traditional Approach
For those who prefer a more traditional approach, purchasing shares by mail is a viable option. Simply send a check payable to Amundi US. To ensure proper processing, include an Amundi US investment slip or detailed instructions containing your name, address, Amundi US account number, and telephone number. This method is reliable and allows for clear documentation of your transaction.
Purchasing Shares by Telephone: Convenient and Direct
If you have previously authorized Amundi US to accept telephone instructions and have set up electronic transfers from your bank account, purchasing shares over the phone is a quick and direct method. Call 1-800-225-6292 to initiate a purchase. Amundi US will electronically debit the agreed amount from your linked bank account.
Keep these points in mind for telephone purchases:
- The maximum telephone purchase limit is $100,000 per account per day.
- Telephone purchases are restricted for 30 days following any addition or change to your account’s bank information.
To enable telephone purchases and establish electronic bank transfers, you will need to mail a completed Account Options form for your specific account type to the address provided on the form. This setup ensures secure and efficient transactions over the phone.
Establishing an Automatic Investment Plan: Regular and Consistent Growth
For investors looking for a consistent and hands-off approach to growing their investments, an Automatic Investment Plan is ideal. This plan allows you to invest on a regular schedule, with Amundi US electronically debiting the purchase amount from your designated bank account at predetermined intervals.
You can establish an Automatic Investment Plan when initially setting up a new account through the Account Application. To add this plan to an existing account, complete the Account Options Form for your account type and mail it to Amundi US. Automatic investment plans are a great way to build your investment portfolio steadily over time without needing to manually initiate each purchase.
Purchasing Shares by Bank Wire: For Larger Investments
For larger transactions or when you need funds transferred rapidly, purchasing shares via bank wire is an efficient option. Instruct your bank to wire funds directly to your existing Amundi US account. Shares will be purchased at the public offering price (net asset value per share plus any applicable sales charges) calculated after Amundi US receives your complete instructions and the wired funds.
For detailed bank wire instructions, please contact Amundi Customer Service Representatives at 1-800-225-6292. They will provide you with the necessary information to ensure a smooth and accurate wire transfer process.
By offering these diverse methods, Amundi US ensures that all investors can easily and conveniently purchase additional shares, regardless of their preferred transaction style or investment size. Accessing your account and expanding your investments has never been simpler.
