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How Do I Open a Trust, Corporate, Partnership, or Transfer on Death Mutual Fund Account?

Establishing a Trust Account

To establish a trust account, please mark the word Trust in the Type of Account in Section 1. You will need to include the name(s) of the trustee(s), the name of the trust (e.g. Allen Revocable Trust), and the date the trust was established.

A copy of the trust document must be submitted along with the completed account application and check. This will provide us with the necessary information to establish the account and prevent future delays. This also protects the investor from potentially fraudulent activity in their account.

All trustees should sign the application with the word trustee after each signature.

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Establishing a Corporate Account

To establish a corporate account, please mark the word Corporate in the Type of Account in Section 1.

A corporate resolution must be submitted along with the completed account application and check. This provides us with the signatures of all authorized individuals to act on behalf of the account. You may also order a generic corporate resolution from Princor Financial Services or call Principal family of funds Customer Service at 1.800.222.5852.

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Establishing a Partnership Account

To establish a partnership account, please mark the word Partnership in the Type of Account in Section 1.

A copy of the partnership agreement must be submitted along with the completed account application and check. This provides us with the signatures of all authorized individuals to act on behalf of the account. You may also order a generic partnership agreement from Princor Financial Services or call Principal family of funds Customer Service at 1.800.222.5852.

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Establishing a Transfer on Death Account

To establish a transfer on death account registration, please mark TOD in the Type of Account in Section 1.

A Transfer on Death Registration Form must be submitted with the completed account application and check. This form may be ordered from Princor Financial Services or call Principal family of funds Customer Service at 1.800.222.5852.

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Before investing in mutual funds, investors should carefully consider the investment objectives, risks, charges and expenses of the funds. This and other information is contained in the free prospectus, which can be obtained by:

Please read the prospectus carefully before investing. See the mutual fund section of our site for a description of the different share classes.

 

Have a question? Call us at 1.800.986.3343

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