The ACH TRS Fund is designed for investors who aim to develop greater financial mobility for their capital. The fund is stuible for any investor who seeks to acquire the ability to freely move their capital overseas to other financial markets
The Funds investment strategy is to match individuals and business in China and in Australia to provide a currency exchange program.
The Fund Manager will match parties to facilitate the currency exchange.
Australian currency is to be transferred into a Trust account held by the manager in Australia.
The individuals entering into the security, are responsible for any tax implications of the investment returns.
Australian currency (AUD) is to be transferred into a Trust account held by the manager in Australia and held in Trust on behalf of the investor.
Chinese Yuan (RNB) are transferred into a Trust account held by the Local Manager in China and held in Trust on behalf of the investor.
The Manager will then match individuals who wish to carry out a currency exchange. The Exchange will be subject to the setting of exchange rates based on the interbank rate for foreign currencies on the day agreed for the transaction.
The two parties will then enter into a contractual arrangement to complete the currency exchange.
Once complete the Manager will deposit the currency less agreed handling and contract fee changed by the manager into the local bank account of each of the contractual parties.
It is important to note that the transaction does not facilitate the transfer of currency between countries, the funds remain in the local currency but the ownership changes between party.