Who determines if I am eligible for a corporate action?

Moneybase will process all mandatory corporate actions and reflect them on your account within the shortest possible time. 

To determine who is eligible for a corporate action, the following dates ought to be kept in mind:

• Declaration date – when a company's board of directors announces a key event (e.g. payment of dividend, announcement of stock split)

• Record date – involves recording the ownership of a security

• Effective date – the date of the corporate action event

• Ex-dividend date – the cut off date following which an investor no longer remains eligible to participate in a corporate action. To get dividends, you need to buy your shares before this date, or you won't be eligible

Should we require any input from you in respect of a corporate action, we shall contact you on your registered email address or telephone number.