Forms Library - Sit Funds

Form	PDF Link	Description
Account Application		Used to open a new non-IRA Sit Mutual Fund account for individuals, joint tenants, UTMA/UGMA, trusts, estates, or self-directed retirement plans. There's also a separate Legal Entity version for corporations, partnerships, LLCs, etc. Additional documentation (e.g., trust pages, corporate resolutions) is often required.
Affidavit of Domicile		A notarized sworn statement verifying a deceased person's state of residence at the time of death. Used by personal representatives, surviving joint owners, or beneficiaries when handling estate-related transfers. Death certificates are not a substitute.
Bank Authorization		Adds a bank or credit union to your account for electronic funds transfers (ACH). Allows purchases to be funded directly from your bank or redemption proceeds to be sent there (no fee).
Change of Account Information		For updating registration, ownership, beneficiaries, trustees, address, name, marital status, or removing deceased parties on non-IRA accounts. Medallion Signature Guarantee often required for ownership/beneficiary changes.
Change of Account Options		Adds or modifies options like telephone redemption/exchange, banking info, dividend/capital gains reinvestment vs. payout, and automated purchases/withdrawals/exchanges on non-IRA accounts.
Checkwriting		Requests a checkbook for convenient access to funds in eligible money market-style funds (e.g., Minnesota Tax-Free Income, Quality Income, Tax-Free Income, U.S. Government Securities). Minimum check $250; no fee.
Cost Basis Election		Changes the cost basis method (e.g., for tax reporting on sales) on your accounts. Cannot be applied retroactively; consult a tax advisor.
Coverdell Application		Opens a Coverdell Education Savings Account (ESA) for tax-free qualified education expenses for a child (up to age 18). Has contribution limits and income eligibility rules.
Coverdell Transfer of Assets		Transfers assets into a Sit Coverdell ESA from another education savings plan.
Coverdell Withdrawal Authorization		Requests withdrawals/distributions from a Coverdell ESA.
Full Trading Authorization		Grants power of attorney to another person for full trading authority (buys, sells, exchanges) on your Sit accounts. Must be notarized; limited to Sit funds.
Investment Slip		Use the Sit Investment Slip to instruct Sit Mutual Funds how to allocate an investment check.
IRA Application		Opens a Traditional, Roth, Rollover, or SEP IRA. Includes disclosure statements; subject to contribution limits and rules.
IRA Change of Account Information		Updates name, address, beneficiaries, automatic investments, or bank info on IRA accounts (Traditional, Roth, etc.).
IRA Distribution		Requests withdrawals from Traditional, Roth, Rollover, or SEP IRAs (normal, early, RMD, death, rollover, etc.). Medallion Signature Guarantee often required for certain cases.
IRA Tax Withholding Form		Elects or changes federal/state tax withholding on IRA distributions.
IRA Transfer/Direct Rollover		Transfers or rolls over assets from another IRA or qualified plan into a Sit IRA.
Recharacterization Request		Recharacterizes (converts back) a Roth IRA contribution or conversion.
Required Minimum Distrubtion Election		Elects how to handle Required Minimum Distributions (RMDs) from IRAs.
Roth IRA Conversion Request		Converts a Traditional IRA to a Roth IRA.
Self-Certification for Late Rollover		Allows self-certification to waive the 60-day rollover deadline under certain IRS rules.
SIMPLE IRA Application		Opens a Savings Incentive Match Plan for Employees (SIMPLE) IRA.
SIMPLE IRA Distribution		Requests distributions from a SIMPLE IRA.
SIMPLE IRA Transfer		Transfers assets into or between SIMPLE IRAs.
Trusted Contact		Designates a trusted contact person for the account (for security and outreach purposes, per regulations).

Carefully consider the Fund’s investment objectives, risks, charges and expenses before investing. The prospectus contains this and other important Fund information and may be obtained by calling Sit Mutual Funds at 1-800-332-5580 or by downloading them from the Documents page. Read the prospectus carefully before investing. Investment return and principal value of an investment will fluctuate so that an investor’s shares when redeemed may be worth more or less than their original cost.

The content herein is for informational purposes only without regard to any particular user’s investment objectives, risk tolerances or financial situation and does not constitute investment advice, nor should it be considered a solicitation or offering to sell securities or an interest in any fund.

Opinions and statements of financial market trends that are based on current market conditions constitute our judgment and are subject to change without notice. We believe the information provided here is reliable but should not be assumed to be accurate or complete. The views and strategies described may not be suitable for all investors, and readers should not rely on this publication as their sole source of investment information.