| Option H | :4!c//4!c | (Qualifier)(Indicator) |
Order |
M/O |
Qualifier |
R/N |
CR |
Options |
Qualifier Description |
1 |
O |
CAOP |
N |
|
H |
Corporate Action Option Code Indicator |
This qualified generic field specifies:
CAOP |
Corporate Action Option Code Indicator |
Specifies the corporate action options available to the account owner. |
If Qualifier is CAOP, Indicator must contain one of the following codes :
CASH |
Cash |
Distribution of cash to holders. |
DRIP |
Drip |
Reinvestment proceeds into securities. |
The qualifier CAOP is to be used for investment funds only, whereby the holder has the option to receive the distribution in cash or reinvest in securities.