What is the trust beneficiary certificate?

Generally speaking, trust beneficiary certificate (Trust Beneficiary Certificate) is a trust to raise funds to investors that the special right of beneficiary certificates.

Trust beneficiary certificate actually represents the beneficial right of the trust, trust mechanism is in an investor funds issued a similar stocks and other securities of the certificate, proof that an investment rights and interests.

In general, trust beneficiary certificate belongs to securities, but this requires local legal recognition. The trust legal network discovery, trust beneficiary certificate is produced mainly in order to facilitate the standardization of transaction. If conditions permit, the trust beneficiary certificates may enter the market transactions, so as to realize the free circulation.

Trust beneficiary certificate involves many details, for example, at home and abroad, to raise money the issuance of trust beneficiary certificates may have different; to raise funds and additional issuance of trust beneficiary certificates to raise funds when there are different. In addition, also relates to visa agencies, institutions, central depository institutions and purchase, delivery, buy, renewal procedures. The trust legal network noted that the trust beneficiary certificate in any conversion or redemption, usually need to deliver the beneficiary certificate; if the trust beneficiary certificate is lost, the need to re submit the general. The trust law net, trust beneficiary certificates are often divided into registered and unregistered type two kinds, the general use of registered as much, the former requires endorsement, and the latter is the direct transfer.