As Trustees, we act in a capacity of trust on behalf of lenders and investors as the case may be, by ensuring that their interests are well represented and their investments are protected in any given transaction. Our duties as Trustees are carried out with special care and skill and also by exercising the highest standard of diligence and knowledge expected of us.
Trust of Consortium Lending
Trust of Consortium Lending is a type of lending in which two or more banks come together to finance big projects requiring huge amounts of money. Consortium lending is usually done by banks to distribute the risks among the group of banks involved in the financing
Is a type of Transaction where a Company that has borrowed capital (Debenture) appoints a Trustee to hold in Trust, the assets used as security for the capital borrowed.
Unit Trusts and Mutual Funds
A Mutual Fund is a type of professionally managed investment fund that pools money from many investors to purchase securities such as stocks, bonds, money market instruments and similar assets
A Mortgage Trust can function as an investment account. In this case, investors put funds in the trust account, and the trustee of the account invests these funds by directly buying mortgage securities or investment instruments that pool mortgages together and provide a rate of return.
Our role as Trustees in Investment Trusts is to hold the Securities of other Companies or invests on behalf of other Companies.
Leasing Trust is the pooling together of resources from investors to finance equipment for a business, and the proceeds from the business are paid out to investors as dividends.
Employee Share Ownership Trusts
This is a programme that facilitates the acquisition and distribution of a Company’s shares to its employees. This is done by opening a Trust account managed by a Trustee through which a Company can sell its shares to employees. Our role as Trustees is to protect the interests of the employees as shareholders.
This is a kind of Trust that is created while a person is alive. Here the creator of the Trust transfers his legal rights in an asset to an appointed Trustee for management. This process allowsthe easy transfer of assets without going through the process of probate.
Education Trusts are created to provide educational financial security to an individual or a group of people. The Trustee manages and grows the Trust Fund and also ensures that the Trust Fund or Assets are used for the purpose they were created.
This is a transaction where Stocks and Shares are purchased through a nominee (Attorney, Bank, Broker, Trustee etc.). It is the nominee’s(Trustee) name that appears as the registered owner of the shares instead of the actual or beneficial owner.
The Management of other Trusts
The Management of other Trusts such as Endowments, Foundations and Co-operatives.
This is a kind of Trust created for the promotion of public welfare and not for the benefit of one or more individuals. It is therefore our duty as Trustees to protect the public trust.