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Investment Trust Agreement
"I need an Investment Trust Agreement for a family trust in Nigeria, focusing on sustainable investments and ESG criteria, with provisions for quarterly distributions to beneficiaries and an investment committee structure for oversight of investments exceeding NGN 500 million."
1. Parties: Identification of the Settlor, Trustee(s), and Beneficiaries
2. Background: Context of the trust establishment and key objectives
3. Definitions and Interpretation: Definitions of key terms and interpretation rules
4. Declaration of Trust: Formal establishment of the trust and transfer of initial assets
5. Trust Purpose and Duration: Specific purposes of the trust and its intended duration
6. Investment Powers and Objectives: Detailed investment mandate and permissible investment categories
7. Trustee Powers and Duties: Comprehensive list of trustee powers and responsibilities
8. Investment Guidelines and Restrictions: Specific investment limitations and requirements
9. Risk Management: Framework for managing investment and operational risks
10. Distribution Policy: Rules governing distributions to beneficiaries
11. Reporting and Accountability: Requirements for financial reporting and trustee accountability
12. Fees and Expenses: Structure of trustee compensation and allowable expenses
13. Amendment Provisions: Procedures for modifying the trust agreement
14. Termination: Conditions and procedures for trust termination
15. Governing Law and Jurisdiction: Specification of Nigerian law as governing law and jurisdiction
1. Investment Committee: Establishes an investment committee structure - used for larger trusts with complex investment decisions
2. Co-Trustee Provisions: Required when multiple trustees are appointed, defining their relationship and decision-making process
3. Foreign Investment Provisions: Required when the trust includes international investments
4. Tax Provisions: Detailed tax planning structures - used for more complex tax arrangements
5. Protector Provisions: Used when a trust protector is appointed to oversee trustee actions
6. Environmental, Social and Governance (ESG) Guidelines: Used when specific ESG investment criteria are required
7. Shariah Compliance: Required for Islamic investment structures
8. Successor Trustee Provisions: Detailed procedures for trustee succession - used in long-term trusts
1. Schedule 1 - Initial Trust Property: Detailed inventory of initial assets transferred to the trust
2. Schedule 2 - Investment Guidelines: Specific investment criteria, asset allocation ranges, and benchmarks
3. Schedule 3 - Fee Schedule: Detailed breakdown of trustee fees and expense categories
4. Schedule 4 - Authorized Investments: List of specifically authorized investment types and assets
5. Schedule 5 - Beneficiary Information: Detailed information about beneficiaries and their entitlements
6. Appendix A - Reporting Requirements: Templates and specifications for required reports
7. Appendix B - Risk Management Procedures: Detailed risk management protocols and procedures
8. Appendix C - Compliance Checklist: Regulatory and internal compliance requirements
Authors
Financial Services
Banking
Investment Management
Asset Management
Wealth Management
Trust Services
Legal Services
Real Estate
Private Equity
Family Office Services
Corporate Services
Insurance
Pension Fund Management
Securities Trading
Legal
Compliance
Investment Management
Risk Management
Wealth Management
Trust Administration
Portfolio Management
Client Relations
Operations
Financial Advisory
Asset Management
Corporate Trust
Fund Administration
Investment Research
Trust Officer
Investment Manager
Legal Counsel
Compliance Officer
Wealth Manager
Financial Advisor
Portfolio Manager
Risk Manager
Trust Administrator
Investment Analyst
Fund Manager
Corporate Trustee Officer
Trust Operations Manager
Chief Investment Officer
Private Client Manager
Estate Planning Attorney
Relationship Manager
Trust Account Manager
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