Investment Trust And Investment Corporations Business

Question 1

A trust company or an authorized financial institution engaged in the trust business can only become the trustee of securities investment trusts

Answer 1

Correct

Question 2

In the investment Corporation system a stock company is established and this company itself becomes the fund in the same collective asset investment scheme as a contractual type investment trust

Answer 2

Investment Corporation is not a stock company but is a special corporation similar to a stock company established under the act on investment trust and investment Corporation

Question 3

Real property, real estate leasehold rights, and superficies rights are included in the scope of main investments targets of investment trusts

Answer 3

True

Question 4

One item included in the investment trust contract is “matter concerning the method of calculating the trust fees and other fees to be received by the trustee and the settlor

Answer 4

True

Question 5

Investment trust settlor company déterminons the offering (sales) commission of unit type investment trust, which means offering (sales) commission would be equal with the same fund even when sales company differs

Answer 5

False

Sales company determines the offering (sales) commission of unit-type investment trusts. Thus, even with the same fund, if the sales company differs there are cases where the offering commission will differ

Question 6

Monthly-paid investments trusts are funds in which dividends are only paid within the profit obtained by the fund

Answer 6

False

Dividends of monthly-paid investment trust may sometimes be paid beyond the profit obtained by the fund

Question 7

Corporate officers election

Answer 7

Corporate officiers are elected by the investors meeting and there must be at lest 1-2 corporate officiers