A managed investment scheme is a collective investment arrangement where investors' money is pooled and invested in a range of assets. Each investor owns a portion of (or units in) the scheme.
We act as Trustee and Supervisor for a wide range of managed investment products, including...
Managed investment schemes Consist of funds that invest in a range of assets and sell units to investors. Our services encompass both wholesale and retail trusteeship.
Master trusts and wrap accounts A structure is set up to invest in a range of funds, making it easier for investors to manage multiple investments.
Superannuation and KiwiSaver schemes Managed investment schemes that are subject to additional legislative requirement.
What we do as Trustee
We supervise the performance of the Manager of managed investment schemes of its functions and obligations.
We supervise the financial position of the Manager and the managed investment schemes
We work with the organisation to help prepare the governing deed and disclosure documents and keep them current.
We hold the assets, sign off transactions and monitor the scheme managers' compliance with the governing rules.
We have an extensive investment administration and settlements operation - see custodial services. We also help in choosing and appointing specialists to administer the scheme or assist with such responsibilities as investment mandates.