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Trust Banking

The document defines a trust as a legal entity that acts as a fiduciary or agent on behalf of a person or business to manage and transfer assets to beneficiaries. It originated in England and the first US trust institution was established in 1818. The Philippine Trust Company was founded in 1916. A trust typically involves a trustor, trust property, trustee, beneficiary, and intent. There are living trusts created during one's lifetime and testamentary trusts that take effect after death.

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Nina Cruz
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124 views

Trust Banking

The document defines a trust as a legal entity that acts as a fiduciary or agent on behalf of a person or business to manage and transfer assets to beneficiaries. It originated in England and the first US trust institution was established in 1818. The Philippine Trust Company was founded in 1916. A trust typically involves a trustor, trust property, trustee, beneficiary, and intent. There are living trusts created during one's lifetime and testamentary trusts that take effect after death.

Uploaded by

Nina Cruz
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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 A legal entity that acts as fiduciary,

agent or trustee on behalf of a person


or business entity for the purpose of
administration, management and the
eventual transfer of assets to a
beneficial party.
 Originated in England
 1818 - charter of the first trust
institution was created in US.
 1916 - Philippine Trust Company
Christianity
a. God – Trustor
b. Jesus Christ – Trustee
c. Christian – Beneficiaries
d. Save the humanity - Intent
1. Trustor
2. Trust Property
3. Trustee
4. Beneficiary
5. Intent of Trust
1. Living Trust – set-up during your
lifetime.
a. Revocable
b. Irrevocable

2. Testamentary Trust – materialize


after the death of the trustor.
Institutional Fund Management Solutions
➢ Corporate & Institutional Funds
➢ Pension and Provident Funds
➢ Mortgage Trust Indenture
➢ Loan Agency
➢ Bond Trusteeship
➢ Securities Custody Account
Wealth Management (individuals)
➢ Personal Management Trust
➢ Investment Management Account
➢ Securities Custody Account
➢ Safekeeping
➢ Personal Equity & Retirement Accounts
Unit Investment Trust Funds
➢ Money Market Funds
➢ Bond Funds
➢ Balanced Funds
➢ Equity Funds
Money Market
➢ Time Deposits (via Banks)
➢ Term Deposit Facility
➢ Treasury Bills
➢ Any fixed income instruments with less than 1 year
tenor

Bonds/Loans
➢ Corporate Bonds
➢ Government Securities
➢ Corporate Loans (private placement)
Stocks
➢ Common Stocks

➢ Preferred Stocks

➢ Real Estate Investment Trust

Investment Funds
➢ Unit Investment Trust Funds

➢ Mutual Funds
1. Manage assets in the events you are
disabled.
2. Manage assets for children or family in the
event of your death
3. Avoid creditors
4. Minimize or eliminate estate and other
transfer taxes
5. Protect loved ones
Trust Bank
➢ Not insured by ➢ Insured by PDIC
PDIC ➢ Principal &

➢ No guaranteed interest
income guaranteed
➢ Obligation is to
➢ Asset
management repay

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