These Terms and Conditions ("Terms") govern your use of the amanainvest Investment Plan program ("Investment Plans"). By using the Investment Plans program, you agree to these Terms. If you do not agree, please do not use the Investment Plan program.

1. Introduction

amanainvest is an Investment Plan program designed to automate your wealth-building strategy. You may select from a catalogue of pre-built Investment Plans or create a custom Investment Plan tailored to your investment goals and risk tolerance.

2. Eligibility Requirements

    • You must have an approved Trading account with amana to be eligible for the Investment Plan program. These Terms and Conditions should be read in conjunction with the Client Agreement terms you have accepted and acknowledged when opening your account with amana.

3. Investment Plans

    • Definitions: Investment Plans are unleveraged self-directed purchases of individually selected assets, which may include, but are not limited to, stocks, exchange-traded funds (ETFs), and cryptocurrencies.

    You can browse a catalogue of Investment Plans focused on core asset allocations and thematic trends or build your own unique Investment Plan with up to 20 different assets. No matter which route you take, you're in full control of which assets are in your Investment Plan, how much you invest, and how your funds are allocated.

    • Key Features:

      User Control: You can view, modify or pause, your Investment Plans at any time. You can see the funding method, schedule and amount, of your Investment Plans.

          - Pre-built Plans: amana has pre-built Investment Plans ready for clients to choose from. amana does not recommend any of the pre-build Investment Plans to any client and serve only as examples for informational purposes.

          - Build Your Own: you can create any Investment Plan you like and set any percentage allocation of your plan deposit you wish to invest.

          - Pause Plans: you may pause any scheduled Investment Plans at any time and for any or no reason.

      Recurring Contributions: You can set up recurring contributions to your Investment Plan.

4. Investment Plans Execution:

    • You may subscribe to an Investment Plan on a one-time, daily, weekly, or monthly basis by credit card only.

    • You must agree to the assets in each Investment Plan and will be able to see the percentage allocation of each asset and the amount you want to invest in each Investment Plan.

    • You can pause an Investment Plan at any time.

    • amana has no fees or lockup periods for any Investment Plan.

    • amana does not recommend any Investment Plan to any client and only shows pre-built plans for informational purposes.

    • All Investment Plans do NOT offer any leverage.

    • amana only offer assets (or Investment Plans) in jurisdictions where those assets are approved.

    • amana can change the assets in a pre-built plan (or the percentage allocation) to keep up with industry-wide trends and will notify you of those changes. And only will do only after your approval to change.

    • Investment Plans use fractional shares, allowing you to set an overall amount for your Investment Plan and then allocate a percentage of that amount to each individual holding.

    • On the day your Investment Plan is scheduled to execute, you will receive one confirmation email.

    • Once the Investment Plan executes, you will see each individual trade within your “Portfolio” in the amana app. Any transactions in the same symbol as the Investment Plan will be aggregated and shown under the Portfolio - Positions section on the amana app. It will also be reflected in the account history statement.

    • There is a possibility that orders for individual assets within the Investment Plan may not be executed, for example, if trading has been halted for a particular asset. In such cases, the allocations of the remaining assets will not adjust to account for the unexecuted order.

    • Investment Plans may be subject to minimum amount requirements. amana reserves the right to change the minimum amount at any time without notice. If you choose to create your own Investment Plan, you must maintain sufficient funds in your credit card to execute the recurring investment. If your credit card payment fails, any scheduled orders in your Investment Plan will be skipped until you have a successful payment.

    • Investment Plans will execute based on available funds in your account. If there are insufficient funds, the Investment Plan may only partially execute. For instance, if you have an Investment Plan to invest $100/month across three assets but only have $75 available, only part of the plan—up to a maximum of $75—will be executed.

5. Allocation

Investment Plans allow you to customize your self-directed asset selection in increments of 1%, with a minimum of 1% of the total Investment Plan for any given symbol. Allocations will be applied proportionally to the total funding amount.

Once an Investment Plan is created, you are solely responsible for establishing and maintaining the allocations within your Investment Plan.

Diversification and asset allocation do not guarantee future returns or eliminate the risk of loss. Investment Plans are not intended to ensure adequate diversification, and you should conduct your own research to determine whether a particular investment aligns with your investment objectives, risk tolerance, and financial situation.

6. Investment Plan Funding Process

    • All Investment Plans must be funded using a connected credit card.

    • amana pulls the money from your credit card (that is connected and approved) shortly before the market opens to execute the Investment Plan.

    • Notifications will be sent in cases of credit card failures, insufficient funds, or system failures impacting execution.

    • If your credit card payment fails, any scheduled orders in your Investment Plan will be skipped until you have a successful payment.

7. Fees

    • Currently, amana does not charge any fees or impose lockup periods for Investment Plans.
    • Any future transaction fees, if applicable, will be automatically deducted from the total funding amount you selected at the time of each transaction.

8. Risks and Limitations:

    • Credit Card Failures: If your credit card fails for any reason, amana will notify you that your credit card payment has failed, and you should contact support.

    • System Failures: In the event of a system failure preventing Investment Plan execution, you will be informed and can reach out to support for assistance.

    • Insufficient Funds: Investment Plans are designed to draw new funds from credit card deposits shortly before execution.

    • Slippage: Due to market conditions, you may not receive the exact amount allocated to each asset in an Investment Plan.

    • Plan Scheduling: If an Investment Plan execution date falls on a market holiday or closure, it will be rescheduled to the next available trading day.

    • Liquidation: Although all assets in Investment Plans are cash products without leverage, if your account contains leveraged positions, and you lack sufficient equity, amana may liquidate non-leveraged positions to meet equity obligations.

9. Limitations of Liability

Your use of the Investment Plan program is at your own risk. In no event shall amana, and any of its affiliates, and their respective officers or agents be liable for any indirect, incidental, or consequential damages or losses or expenses arising in connection with your use of the Investment Plan program.

These parties shall not be responsible if you are unable to use the amana app or platform or any linked site, or in the event of any failure of performance, error, omission, interruption, defect, delay in operation or transmission, computer virus, or system failure, even if these parties are advised of the possibility of such damages, losses, or expenses. Additionally, these parties shall have no liability to you for any losses, financial or otherwise, suffered by you arising out of or resulting from compatibility or inoperability problems of the amana app or platforms, your computer or other device, or your failure to confirm any attempted transaction.

10. Plan Duration and Termination

Investment Plans remain effective until you choose to pause them. Amana reserves the right to stop any Investment Plan without prior notice.

11. Changes to Terms and Conditions

amana may modify these Terms at any time by posting an updated version on the website. Continued use of the Investment Plan program constitutes acceptance of the new Terms.

Risk Disclaimer

'amanainvest' is a generic term used by amana and has NO legal or compliance meaning. The Investment Plans shown in the amanainvest catalogue are strictly examples and for informational purposes ONLY. An Investment Plan, and any additional information provided about it, is NOT a recommendation of an Investment Plan overall, nor a recommendation in any way of its individual holdings or default allocations. Investment plans are meant to provide a starting point as you discover, research, and decide to create your own Investment Plan that meets your specific investing needs and Risk tolerance.

The example Investment Plans presented in the catalogue are created using defined, objective criteria based on generally accepted investment theory and have no relation to performance or risk. Investment Plans are not based on your needs or risk profile tolerance. All investments carry risk. We strongly recommend that you conduct your own research before creating your own Investment Plan and starting to invest. You should edit any of the example Investment Plans to suit your your unique investment needs and risk profile by removing symbols and adjusting allocations.

By building or choosing an Investment Plan, you acknowledge that neither amana nor any other unaffiliated third parties are advising you to your investments, and any criteria for your initial and ongoing investments should not be considered as investment advice, an offer to buy or sell, or a recommendation for any asset or group of assets. You can edit all Investment Plans as you see fit. Investment Plans will not be rebalanced where allocations and future assets may change at the company’s sole discretion. You are responsible for establishing and maintaining allocations among assets within your Investment Plan. Investment Plans involve continuous investments, regardless of market conditions.

If you choose to select an Investment Plan from our marketplace, keep in mind that specific industry and thematic Investment Plans that are narrower in focus may be more volatile than investments that diversify holdings across multiple industries and themes.

When you purchase an Investment Plan for your personal non-business purposes, you accept all responsibility for its use and implementation, and for appropriate ongoing follow-up to ensure that you are meeting your individualized interests and goals. As with other investments through amana, you must decide for yourself if an investment in an asset is consistent with your evaluation of the assets, your investment objectives, your risk tolerance, your investment time frame, and your broader financial situation.

By making Investment Plans available to its clients, amana is not recommending or endorsing it. Further, amana assumes no responsibility for the accuracy, completeness or timeliness of any point-in-time Investment Plan allocation or for updating such allocation, which is subject to change without notice at any time. amana does not provide investment, tax or legal advice.

Any graphics shown on the amana applications in connection with Investment Plans are for illustrative purposes only.