Overview

This is Unit 20 of the training programme in pursuing the “Trust Training Certificate”.

It consists of one module – Module 29: Collective Investment Schemes – Part 2 Public Offering Arrangements.

For the topics to cover, please refer to the content section below.

Content

In regard to Unit Trusts (“UT”), Mutual Funds (“MF”) and Open-ended Fund Companies (“OFC”):
- Differences between UT, MF & OFC and HK’s regime (Code on Unit Trust & Mutual Funds, OFC Code)
- Parties to each
(a) Trustee
(b) Director
(c) Distributor
(d) Investment manager / investment advisor
(e) Custodian / sub-custodian
- Roles, responsibilities of trustee with overview of other parties
- Regulations and regulatory requirements
- An overview of non-HK funds (such as the Cayman Islands, Luxembourg and Ireland) which are offered to the HK public.

Who should attend

The course is primarily targeted to those who would like to pursue “Trust Training Certificate” in order to apply for the Hong Kong Trustees’ Association Certified Trust Practitioner? designation.

It is also relevant to those who would like to gain a solid understanding of the course subject matter.