Our structure.Your overview.
Review the parties and their roles. Fund terms and account mandates determine their precise authority.
Governance Chart
Parties & division of roles
Select a party to review its role description.
Zenth Fund
Mutual Fund (FGR - Fonds voor Gemene Rekening)
Stichting Bewaarder Zenth Funds
Legal ownership and segregated custody of fund assets
Holds legal ownership of assets on behalf of participants.
The division of roles does not guarantee against loss. Account ownership, payment authority, liability and controls must be established by the fund terms and account mandates.
Entities Involved
Formal Functional Segregation
Legal ownership & custody
Stichting Bewaarder Zenth Funds
Role: Legal ownership and segregated custody of fund assets.
Holds legal ownership of assets on behalf of participants.
Statutory segregation
Consult the fund terms for the legal boundaries.
Fund management & strategy
Zenth Capital B.V.
Role: Management, trading strategy and investment decisions.
Responsible for executing the investment policy and statistical strategy.
Restricted authority
Consult the fund terms and account mandates for authority.
Valuation & administration
AssetCare Fund Services B.V.
Role: Calculation of Net Asset Value (NAV) and participant administration.
NAV calculation and participant administration; frequency, process and mandate require confirmation.
Valuation arrangements
Consult the administration and valuation arrangements.
Operational Partners
Broker / custodian & bank
Interactive Brokers Ireland Limited
Order execution, securities custody and derivatives clearing
Rabobank
Operating fund bank account in the name of the Depositary Foundation
Account mandates
The division of roles does not guarantee against loss. Account ownership, payment authority, liability and controls must be established by the fund terms and account mandates.
Legal structure
Legal structure
Legal structure: Mutual Fund (FGR - Fonds voor Gemene Rekening).
Review the roles and fund terms.
- 1The manager (Zenth Capital B.V.)
- 2The depositary (Stichting Bewaarder Zenth Funds)
- 3The joint Participants
Consult the fund terms for rights and obligations.
Regulation & supervision
Registration & applicability
Regime: AIFMD light-exemption regime (art. 2:66a Wft).
Registration is not an AFM licence or approval of the fund. Applicability and other conditions must be assessed in the fund documentation; minimum participation does not independently establish the regime.
Would you like to know more about our governance framework?
Request the fund terms or an introduction to discuss your questions.