FREQUENTLY ASKED QUESTIONS (FAQS)
- How do I apply for and asset management account?
A corporate or individual form should be filled out and duly signed by each applicant. It is recommended most fields to be completed as requested to avoid delays in the opening account process.
- Which are the documents that should be submitted in order to comply with all the legal regulations and requirements?
The following due diligence documentation should be submitted:
FOR individuals, attorneys, directors, shareholders and beneficial owners:
- a) Proof of identity– Passport or any government issued document , the photograph should be clearly visible.
- b) Utility bills– we might accept credit cards or bank statements, however, it is best to submit utility bills.
FOR Companies:
- a) Certificate of Incorporation or Bylaws and articles of association
- b) Good Standing
- c) Register of directors or minutes where they are designated
- d) Register of members or copy of shares.
- How can I follow-up my investments?
A portfolio statement will be sent monthly or quarterly according to the client’s preferences. Your statement and asset allocation report will enable you to see in detail a breakdown of your investments and each security performance.
- How many risks my investments may be facing in the near future?
Every investment implies certain kind of risk. In some investments some risks are predominant in others are insignificant. A full understanding of the various risks is paramount for making sensible investments decisions.
Some major risks
- a) Default risk
The risk of non-payment refers to both principal and interests.
- b) Business risk
The market value of the equity shares depends on the performance of the company. In case the company is suffering from losses, its market value can go down sharply.
- c) Liquidity risk
An asset or investment is liquid if it can be converted in cash quickly and with little loss in value. There are two reasons why a security is not liquid: it cannot be sold in the market, or the loss in value is too high and it is better to keep the asset until its maturity date.
- How I deal with risks?
- Asset allocation- It means investing in different kinds of assets such as stocks, bonds and cash).
- Diversification- It is investing your money in different assets according to how risky they are.