The secret of a good partnership: it is based on rules.

Interpreting Luxembourg as a location that offers unlimited freedom would serve neither the cause nor the interests of our clients. The rights and duties of a custodian bank are very strictly regulated here.

Therefore in Luxembourg, approved special funds may only be held by a custodian bank approved in the country itself - a requirement that is of course satisfied by the M.M.Warburg-Bank Luxembourg.

Our statutory requirements also include:

• Custody of the fund assets and monitoring of the fund manager as well as the management company.
• Processing of all transactions related to the ongoing management of the investment fund.
• Processing of share certificate business. Ensuring that the sale, issue, redemption and cancellation of shares are carried out in accordance with the legal, regulatory and contractual conditions.
• Implementation of the asset limit check. Monitoring the portfolio for compliance with the legal and contractual (specified by the initiator) investment limits.
• Supervision of the valuation prices for fund shares.
• Supervision of the net asset value calculation.
• Supervision of the use of revenue earned from the fund, in accordance with the articles of association.