Yes, you can close your InvestSMART PMA at any time.
InvestSMART will sell down your portfolio and deduct any outstanding instalments. Once this is completed, we will return the remaining amount to you.
InvestSMART bears the risk. If the sum of remaining instalments is greater than the portfolio's value, the investor will receive no money but will not owe InvestSMART either.
To close an account click on:
- My Account
- Withdrawal Request
- Tick account closure box
- Verify the request via SMS or email
The holdings will be sold down and when the transactions settle the funds will be transferred to the bank account we have on file. Please allow up to five business days to receive the funds.