Investment Administration & Custodial Services
IWIinvestor provides an online administration system managed by FNZ Limited that accounts for your funds and provides you with the necessary reporting.
FNZ Limited is a global business that administers over 35 billion in customer funds.
Through FNZ via IWIinvestor you will receive the following investment administration services:
IWIinvestor provides custodial services via FNZ Custodians limited.
FNZ Custodians Limited is the recognised trustee company (Bare Trustee) that is independent of the Administrator and IWIinvestor. FNZ Custodians Limited holds your investments in its name but you are always the beneficial owner and it is you who decides, via IWIinvestor, how your investment portfolio is managed.
A Bare Trustee is simply an arrangement where a Trustee holds title to assets on behalf of another and who acts on behalf of the beneficial owner. The Bare Trustee has no discretionary power and must act only on instruction from the beneficial owner.
The main reason these structures are in place is for independence, administrative efficiency and risk management.