The trustor gives his tradable bonds to the Trust. Based on the intentions of the trustee the beneficiary manages or deals with the Trust assets for the benefit of the beneficiary or some other stated purpose. Generally speaking, the tradable bonds, which are placed in a Tradable Securities Trust must comply with the rules of Article 6 of the Securities Trading Law, i.e. stocks, corporate bonds and financial bonds are all included as acceptable Trust assets.

• Management type

  During the course of the Trust relationship, the Trustee manages the Trust assets (including, for example, attending Board meetings, receiving coupon interest and dividends), and allocates dividends and interest produced by the Trust to the designated beneficiary of the Trust deed. Upon conclusion of the Trust, the Trustee will re-register the Trust assets in the name of the Beneficiary.

• Operational type

  The Trustee and the Settlor establish a Trust Deed, which stipulates how and under what conditions the Trust assets should be employed (the Trustee does not guarantee profit) and how the benefits derived from operating the Trust will be passed on to the designated beneficiary. Upon conclusion of the Trust, the Trustee will re-register the Trust assets in the name of the beneficiary.

• Dispositional Trust Of Securities

  The Beneficiary and the Settlor establish a Trust Deed, which allows for the Trustee dispose Trust assets based on an pre-agreed price, method and other conditions. Upon conclusion of the Trust, the Trustee will dispose the return and, after deduction of taxes and fees, pass to the beneficiary.

• The above management, operational and dispositional types and of Tradable Securities Trust may also be combined so that the bank (as Trustee) simultaneously assumes two of the above three responsibilities. In this way, the Trust assets can be handled even more flexibly. Also, the Trust asset will be handled not just by the Bank, but also by other appointed professionals or a company.

• Having a professionally managed organization handle the management, operations and disposition, helps in achieving more efficient asset management and in increasing the assets’ profitability and security. This may solve a major concern of those settlers who travel a lot or who live overseas for long periods and so who might not be in a position to personally see to affairs related to their tradable securities.
• Carry out asset transfer and tax planning openly and in accordance with the relevant laws.