Proshare Logo
   Market Date: 01-08-2014   
Agriculture All One Min News Archives Bonds Cap Mkt Sentiments Capital Market CASHLESS NIGERIA Commodities Corporate Earnings Daily & Weekly Market Updates Enterpreneurship ETFs Forex Frauds & Scandals General Global Market Insurance Investors NewsBeat Islamic Finance Mergers & Aquisitions Money Market Mortgage Mutual Funds Nigeria Economy Oil Sector Opinions and Analysis Pensions People Personal Finance Politics Power Products & Services Professionals Property Public Offers Private Placements Regulators REITs Stock PICKS Taxation Telcos Travel & Tours Unlisted OTC MARKET World of Business

Frequently Asked Questions about Access Private Banking

Category: Investors NewsBeat


  Read (1195)
Frequently Asked Questions about Access Private Banking

 

June 3, 2010


What does “Discretionary” mean?

We take full responsibility for the investment management and administration of the portfolio of assets, which we will manage within the context of the appropriate tax regime or financial vehicle depending on your circumstances. We have the authority to make investment decisions on your behalf as long as they are consistent with the objectives and attitude to risk we have agreed with you. The securities will be registered in our Nominee Company (“The Access Bank UK Nominees Limited”) on your behalf so that we have administrative control over the portfolio’s assets. This means that you do not have to worry about any of the paperwork connected to the investments we manage.

 

Can I move my existing portfolio to you to manage?

Of course. If you wish us to take over an existing portfolio, we can arrange for that portfolio to be transferred to us on your behalf. There is no charge for this, although your previous manager may apply an exit fee.

 

Are there any exit or hidden charges?

Access Private Bank has a very transparent charging structure based around our annual management fee and the only other charges you may incur will be dealing charges which are passed on from execution-only brokers that we may employ to carry out transactions on your behalf. These charges will be set out clearly in our agreement and on the trade confirmation summaries. There are no exit charges involved in transferring investments to other managers or withdrawing funds.

 

How bespoke or tailored will my portfolio be?

Your portfolio will be designed specifically for you, taking into account your circumstances, your objectives and your risk profile.


What else do I need to know about investing?

The value of investments can fall as well as rise due to stockmarket and exchange rate fluctuations and you may not get back your original investment amount.


How safe is the custody of my assets?

We will hold the assets on your behalf. You will own specific securities and other assets. Although these are pooled with the assets of other clients, we reconcile these regularly and are able to demonstrate to you and to the Regulator, the Financial Services Authority, which assets are held by each client. Should you wish to withdraw or transfer assets, you can do so at any time.


How are you different to other wealth managers?

We are different in two main ways: our heritage enables us to be more in tune with your needs, whilst our investment process is geared to managing the risks of your assets in a dynamic way, allowing us to position your portfolio, taking account of shorter-term risks, without sacrificing your longer-terms strategic financial goals.


For further details, visit http://www.accessprivatebank.com


http://www.proshareng.com/investors/company.php?ref=ACCESS

 



Tags: , 



Comment With Your Facebook or Yahoo! ID


Latest news


News on Investors NewsBeat

About Us

Who We Are
Our Team & Partners
Corporate Governance
Advertise with Us
Subscribe / Unsubscribe
Site Map
News Feed - RSS
Newsletter
Contact Us
Message from CEO
Resources

News & Features
The Analyst / Market Data
Investor Relations Portal
The Regulator
Economy & Politics
WebTV
Training Portal
Events Calendar
NewsStands - Online Reputation

Products and Services

Research & Market Intelligence
Analyst Services
Offers & Rights Support Service
Investor Relations Services
Alert & Subscription Services
Share Support Services
Proshare Consult
Event & Seminar Coverage
Market Directory
File a Complaint
News & Analysis

#1minNews
News from TheANALYST
Video News from WebTV
Money Market Updates
Opinions & Analysis
Nigerian Economy
Market Data
The Regulator
Newsletters
Discussion Forum
Policy

Subscriber Agreement
Privacy Policy
Data Policy
Disclaimer
Copyright Policy
Trademarks
Comments in Site
Advertising Code
Conflict of Interest
Content Partnership
3rd Parties

Online Trading and Execution
Training
Legal Support Services
Web/Technology Services
File a Complaint