Participant requests for withdrawals are limited to $100,000 per day and requires one business day’s notification for each additional $100,000 requested. Mercy Investment Services may temporarily waive notification requirements if doing so does not limit the liquidity of the remaining participants. Complete or substantial withdrawals may be subject to a 10% holdback in each of the funds to cover earning and expense allocations for the month of the withdrawal.

Participants who wish to transfer all or a portion of their funds into another Sponsored Ministry Fund are required to give five (5) business days prior notice. The transfer will occur as of the first day of the month following the prior notice period, after allocation and deduction of the expenses of Mercy Investment Services for that month.

During periods of extreme market disruption, significant requests for withdrawals or in any case in which Mercy Investment Services reasonably determines the interests of the participants as a whole so requires, Mercy Investment Services may, at its discretion, institute a partial or full moratorium on withdrawals in order to ensure that no remaining participants bear a disproportionate share of losses on their assets or the concomitant risks created by a liquidity crisis. During this period, Mercy Investment Services may, at its discretion, take actions such as the creation of a new liquidation fund, a pro-rated in-kind distribution, a staged withdrawal to allow an orderly liquidation of the portfolio or securities in question and to minimize the realization of potential losses on remaining participants and any other action it deems appropriate to mitigate a disproportionate impact on any individual participant during the period of extreme market disruption.