For every corporate action that will be processed on your account, you will receive a notification upfront. From this notification it will be clear whether you have a choice to make regarding the corporate action or not, a description of the different options and the deadline to send instructions regarding your choice.
How to instruct:
1) Instructions will need to be sent via secure message as a reply to the corporate action notification.
2) If you wish to take no action and not participate in the corporate action, there is no need to notify us.
3) If you wish to participate, you must clearly indicate the option you would like to elect and the amount of shares you would like to offer for participation in the corporate action.
Should you be eligible to participate in a corporate action across multiple investment accounts, you will have to detail your elected options per investment account in the secured message.
Unfortunately, MeDirect cannot process instructions that are not detailed enough.