These terms and conditions (these “Terms”) shall govern your Redemption and Sell Order transactions of the Products specified herein. Unless otherwise defined, capitalized terms used in these Terms shall have the meanings provided to them in GFunds Terms.
You acknowledge and agree that the GFunds Terms and the GCash App Terms are deemed incorporated herein and shall apply suppletorily insofar as they are not inconsistent with these
As used in these Terms:
Redemption refers to the transaction where you withdraw a portion or the entire value of your holdings in a Product, with the redeemed amount credited directly to your GCash wallet.
Sell Order refers to the transaction where you sell a portion or the entire value of your holdings in an in a Product, with the proceeds credited directly to your GCash wallet.
The proceeds from your Redemption or Sell Order may be lower than your initial investment depending on the current Net Asset Value Per Unit (NAVPU) of the Product, which is updated daily and subject to fluctuations. The actual proceeds credited to your GCash wallet may also differ from the amount you initially entered. This variance occurs because the NAVPU applied at the time of processing may differ from the NAVPU at the time the transaction was processed and completed. You acknowledge that any losses shall be for your sole account. GCash and Product Providers shall not be liable for any losses you will incur from your transactions.
The NAVPU or price per unit applied to all orders will be based on the price on the business day following the day your order transaction is processed and completed.
Below is the schedule of Redemption or Sell Order transactions for each fund on GFunds:
Only one Redemption or Sell Order transaction can be placed at a time for each investment fund. Your previous transaction must be processed and completed before you can create another Redemption or Sell Order transaction.
Disclaimer
While GCash and Product Providers strive to provide accurate and up-to-date information regarding the Products and related transactions, GCash and Product Providers make no representations or warranties, express or implied, as to the accuracy, completeness, or reliability of any information provided in these Terms, on the GCash platform, or otherwise in connection with your Redemption or Sell Order. Information such as NAVPU(s) or unit prices is subject to change and may vary at the time of processing. Any reliance you place on such information is at your own risk. You must verify all information independently before making and completing a transaction. To the extent allowed by applicable laws, you agree to defend, indemnify, and hold harmless GCash and the Product Providers, and their respective shareholders, directors, officers, employees, representatives, and agents, from and against any and all claims, losses, damages, liabilities, costs, or expenses, including attorney’s fees, arising directly or indirectly from your use or reliance on the provided information regarding the Products and related transactions and/or your failure to independently verify such information before completing any transaction.
