Corporate ad Istitutioal Services Tailored solutios. Global reach. Expert delivery.
STRENGTH AND STABILITY WITH RBC RBC is oe of Caada s largest baks ad amog the largest baks i the world based o market capitalizatio. Its log term ratigs are amog the highest i the idustry ad it boasts a comparably strog Tier Oe Capital Ratio. With offices i Caada, the US ad over 50 other coutries, RBC has aroud 79,000 employees worldwide, servig more tha 16 millio persoal, busiess ad public sector cliets. Furthermore, RBC is part of the Caadia bakig sector which has bee cosistetly recogized i recet years as beig amog the world s safest. Corporate ad Istitutioal Services is a part of RBC Wealth Maagemet, oe of RBC s five global busiess divisios. RBC Wealth Maagemet is today recogized as a top five global wealth maager by assets uder maagemet 3. It has i excess of 12,000 full time employees servicig more tha 35,000 high et worth idividuals through its global etwork. RBC Wealth Maagemet Key Statistics 4 Assets uder admiistratio (AUA): C$701 billio Assets uder maagemet (AUM): C$442 billio. For more iformatio, please visit rbcwealthmaagemet.com RBC Key Statistics 1 Market capitalizatio: US$104 billio, 12th largest globally Log term seior debt ratigs: Aa3 (Moody s), AA- (Stadard & Poor s), AA (Fitch) Tier Oe Capital Ratio: 9.5% 2. For more iformatio, please visit rbc.com 2 Corporate ad Istitutioal Services
TAILORED SOLUTIONS TO A DIVERSE CLIENT BASE Corporate ad Istitutioal Services is a multi-jurisdictioal team that provides a extesive ad competitive rage of tailored fiacial services to a globally dispersed cliet base ecompassig a wide variety of corporate ad istitutioal cliets ad ivestors. Our global service offerig is based o the provisio of four core services, supported by a series of complemetary services: Global Custody The global custody service that we offer aims to safeguard your assets through our extesive global aget etwork. Depositary ad Trustee Services We provide a well-established custodia trustee service that performs fiduciary oversight ad compliace moitorig duties. Fud Admiistratio Our i-house expertise eables us to provide you with a robust fud admiistratio service, helpig you esure that the regulatory ad operatioal requiremets of your fud(s) are fulfilled. Captive Solutios We offer a itegrated bakig, credit ad ivestmet based solutio, specifically aimed at offshore captive maagers ad isurace compaies. We work i close partership with a broad rage of market participats ad itermediaries, providig comprehesive support, guidace ad expertise: Fud sposors Captive isurace providers Asset ad ivestmet maagers Family offices ad trustees Multi-atioal corporatios, offshore holdig compaies ad subsidiaries Sovereig wealth ad pesio fuds Lawyers ad accoutats Prime brokers Fiacial advisors. The specialized services we offer to fud sposors cover virtually all fud strategies ad structures: Fud Strategies Traditioal log-oly fuds Alterative ivestmets icludig: private equity, veture capital, real estate ad fud of fuds. Fud Structures Ope-eded ad closed-eded fuds Stadaloe, multi-class ad umbrella fuds Exchage traded fuds (AIM, CISX, ISE, LSE, SFM) Private ad family fuds Cross-border holdig structures. Corporate ad Istitutioal Services 3
OUR APPROACH Our philosophy is based o five key priciples, which are aliged with the typical eeds ad objectives of our cliets: 1 Relatioship 2 Service 3 Tailored stregth We believe i establishig log term parterships. Your dedicated relatioship team will have the techical ability, experiece ad persoality to exceed your expectatios. quality We pride ourselves o providig a high quality ad timely service. We achieve this through the use of appropriate service level arragemets ad periodic review meetigs. solutios We provide tailor-made solutios to meet your requiremets. We work with you to defie your eeds ad the adapt our processes to support you. 4 Security With oe of the highest credit ratigs i the idustry ad a well capitalized balace sheet, RBC is oe of the world s leadig ad most secure fiacial service providers. 5 Global reach As a global service provider with offices i most major fiacial cetres, we provide a seamless itegrated service whe it comes to complex iteratioal structurig. 4 Corporate ad Istitutioal Services
GLOBAL CUSTODY Our global custody services are well established i major offshore jurisdictios ad are desiged to meet the eeds ad objectives of fud promoters, asset ad ivestmet maagers, family offices, ultra high et worth idividuals ad captive isurace compaies. Operatig from the Caribbea ad the Chael Islads, our team holds i excess of US$33 billio i assets uder custody 5. We provide custody ad trade settlemet services to a broad rage of securities i over 80 markets, for leadig global asset ad ivestmet maagers ad fud sposors. I particular, our offerig is aimed at cliets cosiderig a start-up or exchage listig, reviewig existig service providers, or lookig for the safety ad stability of a globally reowed custodia. We ca also provide access to oshore custody services through our partership with RBC Ivestor & Treasury Services, oe of the world s leadig global custodias. Beefits Available services iclude: Commissio-free collective ivestmet trade settlemet Full trade status for all trades i alterative fuds Fully segregated ad/or omibus level private ad istitutioal cliet capital ad icome reportig ad valuatio Prompt hadlig ad collectio of all trade settlemet ad ivestmet icome to meet cash flow requiremets Provisio of iterest bearig accouts ad fixed term deposits i major currecies Cotractual settlemet date accoutig to meet liquidity ad foreig exchage requiremets 6 Reports ad valuatios for cliet portfolios Portfolio ledig (subject to credit terms) Gateway to RBC Capital Markets solutios. We also offer access to other services such as bridge fiacig ad treasury services, icludig forward foreig exchage cotracts. Corporate ad Istitutioal Services 5
Depositary ad Trustee Services FUND ADMINISTRATION With a service specifically desiged for fud promoters, we ca provide oversight of your fud-related fuctios, esurig compliace with fud documetatio, scheme particulars ad regulatory requiremets. Our approach to custodia trusteeship is based o idustry-leadig regulatory models ad our procedures are stadardized ad cotiuously reviewed. We have a dedicated team which works i partership with RBC s iteral admiistrators ad third party providers to esure timely delivery of a tailored service. Beefits We provide the followig custodia trustee services: Asset safeguardig icludig custody ad trade executio Represetig ivestor iterests Creatig ad cacellig uit shares Maitaiig the register of ivestors Detailed compliace moitorig Comprehesive fiduciary oversight Custody, cash flow moitorig ad compliace moitorig i respect of AIFMD. We offer a comprehesive, multijurisdictioal fud admiistratio service for traditioal ad alterative ivestmet fud structures, adaptig our solutio to your operatioal fud requiremets accordigly. With a total i excess of US$33 billio assets uder admiistratio 7, we are oe of the leadig service providers for collective ivestmet fud structures domiciled i a wide variety of oshore ad offshore fiacial cetres. These iclude, but are ot limited to: Bahamas, Bermuda, British Virgi Islads, Cayma Islads, Delaware, Guersey, Jersey ad the Uited Kigdom. Beefits Our fud admiistratio services iclude: Fiacial accoutig Tailored valuatios ad et asset value (NAV) calculatios Registrar ad trasfer agecy services Ivestor servicig Corporate secretarial services Regulatory compliace ad ati-moey lauderig services Exchage listig support. We ca also offer a service to esure your fud maagemet is i accordace with relevat laws ad regulatios as well as the fud s scheme particulars. 6 Corporate ad Istitutioal Services
CAPTIVE SOLUTIONS The service that we provide to captive isurace compaies is based o a thorough uderstadig of the market i which they operate. Beefits Our Caribbea based team provides customized solutios to i excess of 400 captive isurace compaies domiciled i key captive isurace jurisdictios icludig Cayma, Bermuda ad Barbados: From assistig with frotig requiremets through letters of credit ad trust structures, to bakig ad custody services ad tailored ivestmet portfolios, we have the resources, the expertise ad the experiece to esure that you are provided with a first class holistic solutio. Tailored, budled, idustry-specific solutios delivered through a dedicated specialist maager Access to bakig, credit, custody ad ivestmet services, icludig olie access Leadig provider of credit solutios to the Caribbea captive isurace sector Idustry specialists i multiple jurisdictios Experiece i emergig market isurace treds ad i all major domiciles Expertise i adaptig to regulatory chages ad associated busiess eeds Robust bakig platform leveragig the stregth ad stability of RBC Oshore ad offshore availability through RBC s global etwork. 8 Corporate ad Istitutioal Services
SUPPORTING SERVICES OTHER SERVICES Bakig Our rage of custody ad fud related bakig services are competitive, easily maageable ad complemetary to the other compoets of a corporate fiacial portfolio. We ca offer: Call accouts Fixed term ad fiduciary deposits Paymet services Foreig exchage Currecy hedgig. Accouts ad deposits are available i major currecies ad the bakig services we provide are supported by the stregth ad stability of RBC, oe of the world s most stable ad reputable fiacial orgaizatios. Credit Used appropriately, credit ca help ehace liquidity, provide protectio from currecy exposure ad create value. We offer a rage of custody ad fud related credit solutios i most major global currecies: RBC Capital Markets RBC Capital Markets is a leadig ivestmet bak that provides fiacial services to global corporatios, istitutioal ivestors ad govermets. With over 7,000 employees, it operates out of 70 offices i 15 coutries, deliverig its services through operatios i North America, the UK, Europe ad Asia-Pacific. Services offered: Mergers ad acquisitios, privatizatios, capital reorgaizatios ad restructurig Corporate dealig Private placemets of equity capital Direct ivestmet opportuities Acquisitio fiace ad leveraged buy-outs Structured products Research. RBC Corporate Employee & Executive Services RBC Corporate Employee & Executive Services is a leadig employee beefit pla admiistrator ad trustee. Pla types iclude: Currecy hedgig Bridge fiacig Term loas ad revolvig credit facilities Select leverage facilities Sophisticated bespoke solutios. Credit is available i AUD, CAD, CHF, EUR, GBP, JPY ad USD. Olie Services RBC s secure web-based bakig system, Olie Services, offers you fast ad coveiet access to your assets. Features iclude: Carried iterest plas Co-ivestmet plas Deferred compesatio plas Executive ad employee equity plas Executive pesio plas Retiremet ad savigs plas. RBC Wealth Maagemet We ca also provide your cliets with access to ay of the rage of solutios available through RBC Wealth Maagemet, a top five global wealth maager by assets uder maagemet. 3 Live access to cash ad asset positios Cash paymets facility Up to two years of trasactio history Tailored reportig. The reportig features offered are wide-ragig ad eable you to provide your cliets with access to their holdigs if required. Corporate ad Istitutioal Services 9
AT A GLANCE Workig i partership with Corporate ad Istitutioal Services provides a host of beefits: Efficiecy We provide tailored solutios that ca help simplify operatios ad ehace performace. Flexibility We ca fulfil your fiacial requiremets ourselves or work with your other service providers as required. Credibility We have a distiguished track record i dealig with all kids of assets ad fud maagers. Security RBC s stregth ad stability provides you with assurace i relatio to the safety of your assets. Global reach Global as well as local ad regioal expertise at your disposal. Relatioship You will always be looked after by a dedicated trusted advisor. Coveiece Assets ca be held i most major offshore jurisdictios. 10 Corporate ad Istitutioal Services
CONTACT US We look forward to discussig how we ca help you. All equiries are welcome ad will be treated cofidetially. Corporate ad Istitutioal Services Bahamas Lyford Cay House Wester Road Nassau Tel: +1 242 702 5900 Barbados 2d Floor, Buildig #2, Chelsto Park Collymore Rock, St.Michael Tel: +1 246 429 4923 Cayma Islads 4th Floor Royal Bak House 24 Shedde Road George Tow Tel: +1 345 949 9107 Guersey Caada Court, Uplad Road St Peter Port, GY1 3BQ Tel: +44 1481 744 000 Jersey 19-21 Broad Street St Helier, JE1 8PB Tel: +44 1534 283 000 cis@rbc.com rbcwealthmaagemet.com/cis 1 Source: Bloomberg, September 25, 2014 2 Source: Bloomberg, July 31, 2014 3 Scorpio Partership Global Private Bakig KPI Bechmark 2014 (5th place) 4 As at July 31, 2014 5 As at August 31, 2014 6 Available i select markets but ot applicable to certai security types, icludig mutual fuds ad uit trusts, which iclude hedge fuds ad fuds of hedge fuds. 7 As at August 31, 2014 Corporate ad Istitutioal Services 11
Issued by Royal Bak of Caada (Chael Islads) Limited ( RBCCI ) o behalf of RBC compaies that comprise the RBC Wealth Maagemet etworks i the British Isles ad Caribbea, icludig the etities detailed i the followig paragraph, all member compaies of Royal Bak of Caada (the Member Compaies ). Royal Bak of Caada Trust Compay (Cayma) Limited is licesed by the Cayma Islads Moetary Authority. Royal Bak of Caada Trust Compay (Bahamas) Limited is licesed by the Cetral Bak of Bahamas. Royal Bak of Caada (Caribbea) Corporatio ad Royal Bak of Caada Fiacial Corporatio are licesed by the Cetral Bak of Barbados. RBC Domiio Securities Global Limited is licesed by the Securities Commissio of Barbados, the Securities Commissio of the Bahamas ad the Cayma Islads Moetary Authority. Royal Bak of Caada (Chael Islads) Limited is regulated by the Guersey Fiacial Services Commissio i the coduct of deposit takig ad ivestmet busiess ad to act as a custodia/trustee of collective ivestmet schemes i Guersey, ad is also regulated by the Jersey Fiacial Services Commissio i the coduct of deposit takig, fud services ad ivestmet busiess i Jersey. Certai fiacial services metioed are provided by subsidiaries other tha RBCCI. RBCCI s geeral terms ad coditios are updated from time to time ad details thereof ad of the ames ad addresses of the mai subsidiaries ca be foud at www.rbcwmiteratioal.com/terms-ad-coditios-british-isles.html. Registered Office: Caada Court, St Peter Port, Guersey, Chael Islads, GY1 3BQ, registered compay umber 3295. Deposits made with the offices of RBCCI are ot covered by (i) the respective Deposit Compesatio Schemes i Jersey ad Guersey ( the CI Schemes ), uless the deposit is held i the ame of a private idividual or (ii) the UK Fiacial Services Compesatio Scheme. Liks to the official websites which provide details of the respective CI Schemes are available o the Jersey ad Guersey pages of our website. Copies of the latest audited accouts are available upo request from either the registered office or the Jersey Brach: 19-21 Broad Street, St.Helier, Jersey JE1 8PB. RBC Offshore Fud Maagers Limited is regulated by the Guersey Fiacial Services Commissio i the coduct of ivestmet busiess. RBC Fud Admiistratio (CI) Limited is regulated by the Jersey Fiacial Services Commissio i the coduct of fud services ad trust compay busiess. RBC Fud Services (Jersey) Limited is regulated by the Jersey Fiacial Services Commissio i the coduct of fud fuctioary ad fud services busiess. Depedig o your locatio, some of the services i this brochure may ot be available to you. Further discussio ad evaluatio of each cliet s circumstaces is required to ascertai whether these products ad services would be of beefit to them. This documet does ot costitute a ivitatio to buy or the solicitatio of the offer to sell ay products or services i ay jurisdictio to ay perso to whom it is ulawful to make such a solicitatio i such jurisdictio. This brochure is iteded as geeral iformatio oly ad it is ot iteded as or does it costitute tax, legal, ivestmet or other professioal advice. Readers should cosult their ow lawyer, accoutat or other professioal advisor whe plaig to implemet a strategy. The iformatio cotaied i this documet has bee compiled by the Member Compaies from sources believed to be reliable, but o represetatio or warraty, express or implied, is made by Royal Bak of Caada, RBC Wealth Maagemet, its affiliates or ay other perso as to its accuracy, completeess or correctess. To the full extet permitted by law, either of the Member Compaies or its affiliates, or ay other perso accepts ay liability whatsoever for ay damages whatsoever (icludig direct, idirect, icidetal, special, cosequetial, exemplary or puitive damages) arisig out of or i coectio with ay use of this documet or the iformatio cotaied herei. All services outlied are subject to Terms ad Coditios which are available from the relevat Member Compay. Please also ote that the applicable regulatory regime, icludig ay ivestor protectio or depositor compesatio arragemets, may well be differet from that of a cliet s home jurisdictio. / Trademark(s) of Royal Bak of Caada. Used uder licece. CA2306/Nov15 rbcwealthmaagemet.com/cis 112350 (11/14)