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FAQ

How do clients qualify for CIMB Preferred?

Clients must maintain a minimum average AUM of $30,000. Average AUM is calculated monthly using all end-of-day balances of a particular month. The balances of each account can fluctuate above or below $30,000, so long as the average monthly AUM is at least $30,000 to remain qualified.

 

Example:

Average AUM = (day 1 balance + day 2 balance + … + day 30 balance) / 30 days

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