As a custodian, the KSFC performs the following tasks of protecting and managing investment assets according to relevant laws and regulations for collective investment business, where companies sell collective investment securities to investors, manage the pooled funds and distribute the proceeds.
* As investment trust is not a corporate entity, the assets are deposited and managed under the name of the trustee company [Article 80 of the FSCMA, Best Practices for Trust Business (Feb. 2014)]
* Hedge funds or private equity funds are not subject to mandatory monitoring (However, the fairness of the evaluation of fund assets or adequacy of the base price calculation shall be considered.) [Article 247, Article 249-8, Article 249-20 of the FSCMA]
As a custodian, the KSFC performs the following tasks of protecting and managing investment assets according to relevant laws and regulations for collective investment business, where companies sell stocks of investment companies, etc. to investors, manage the pooled funds and distribute the proceeds.
* Hedge funds or private equity funds are not subject to mandatory monitoring (However, the fairness of the evaluation of fund assets or adequacy of the base price calculation shall be considered.) [Article 247, Article 249-8, Article 249-20 of the FSCMA]
After signing an Asset Safekeeping and Management Consignment Contract with institutional or corporate investors such as pension funds in relation to entrusted assets, the KSFC provides various services related to the monitoring of investment activities, handling of rights, and the delivery of securities and payment in the process of asset management while safely storing and managing the entrusted assets.
