Product Background

- Planning to launch an overseas investment fund, but has scarce knowledge about each market (regulation environment, trading hours, tax, etc) and not familiar with settlement mechanism in each market
- More complexity in documentation for global custody in case the number of markets to invest in is multiple
- Causes heavy workload and costs a lot to employ multiple overseas custodians
- A trustee who understands the structure of daily becoming complex products such as derivatives fund is needed
- The capability to read through and sign on an English contract on behalf of an investment trust is absolutely needed.

Benefit

- Can immediately offer basic information on each overseas market
- When locally not available or additional information is needed, promptly seek for and provide necessary information from Citigroup's global network .
- Consistency in overseas settlements via Citigroup's global network.
- A single contract with Citibank Korea Inc. provides global trustee/custody services in various overseas markets.
- Aggressive supports in new products, no restriction in signing on English contracts

Strength of Citibank Korea Inc.

- Efficient trustee services are offered through a Citigroup’s global network and experience/knowledge in various markets.
- Investment in various markets with simple documentation
- Enjoy cost saving and consistent services thanks to Citigroup’s proprietary network
- Capability to accommodate new products

Clients

- Local Investment Trust Management Companies and Asset Management Companies.
- Institutional investors such as insurance companies, pension funds and etc.

Required Documents

- Basic Agreement for investment trust
- Trust Deed or Custody Agreement for each fund