The so-called Housing Complex Management Trust Fund refers to when the housing management committee passes the housing management fund to a Trust belonging to the Bank, and by means of the Trust structure ensures the safety of the housing management fund and that the Trustee will properly run the Trust assets.

• The estate management fund will not be mismanaged, and the assets will be secure and safeguarded.
• Employing the Bank’s professional management of the Trust is akin to having an accountant oversee the use of the estate’s management funds, with clear account entries and high quality building maintenance, which in turn helps support the value of the property.
• In handing the assets over to the Trust to manage, the main board of the management committee no longer needs to bear or safeguard against the risk of managing the estate’s funds, and need not be concerned that any dispute among the Board members regarding finances may result in the estate’s public funds being sequestered by a third party.
• Therefore, by setting up a Housing Complex Management Trust Fund for a small Trust management fee, you can ensure the safety of the assets, which are managed by professional supervisors. This is obtaining a large benefit for just a small outlay.