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How to switch, add or withdraw

Switching between investment options

At any time, you can switch between any of the ME Investment Funds on offer by completing a switching form.

The minimum amount you can switch out of each of your chosen ME Investment Funds is $500, unless you are switching your entire balance. If you are switching to set up a new ME Investment Fund, you must switch at least $1,000 into that new fund.

As the minimum balance is $1,000 in each Fund, you must maintain a balance of at least $1,000 in each of your chosen ME Investment Funds at any one time, unless you invest via the regular investment / direct debit option (minimum $80 per month per fund).

Adding to your investment

One off investment option

The minimum additional investment is $500 per fund.

You can make additional investments any time by sending us a cheque payable to 'Members Equity Investment Funds', together with your full name and member number, or fill out a direct debit form if you want us to draw the amount from your nominated bank account.

If you invest in a new fund, you also need to fill out another application form.

Regular investment / direct debit option

The minimum monthly amount you can invest is $80 per fund.

You can change the monthly amount at any time by completing the change of direct debit amount form.

Direct Debit occurs on the 20th of each month.

Withdrawing your money

The minimum partial withdrawal you can make from each ME Investment Fund is $500, unless you are withdrawing your entire balance.

You can make a withdrawal request for all or part of your investment at any time by completing the withdrawal form.

The money will be transferred to your nominated bank, building society or credit union account.

Fees

A small transaction cost applies when you invest, switch or withdraw all or part of your investment.