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The Tran Group
Retail Fixed Term Deposits is what I am interested in.
Does anyone have any objections to this bank, I am curious but would like some other people's opinion before opening up an account with them. Are they safe?
Mission Statement
Our mission is to create financial solutions for our customers through timely delivery of superior products and services.
We will carry out our mission efficiently, with a professional attitude and in an environment that is customer driven.
Corporate Vision
To produce for our customers superior products with superior service.
About Tran Group
Tran Group is comprised of two main operations:
Tran Group Investments Limited
Tran Group Trust Limited
Tran Group Investments Limited
Tran Group Investments Limited was established in the mid-1990s to provide discretionary investment management services for the assets for the Doral family and to provide retail investment services to clients of the deposit company. The investment aspect of the business has grown substantially since that time. Today, Tran Group Investments Limited provides discretionary investment management, mutual funds and financial planning services for individuals, families, corporations and government agencies.
Clients are provided with a customized Investment Policy Statement based on their personal investment needs and goals. The Investment Policy Statement takes into consideration clients' income and liquidity requirements, capital preservation needs, investment time horizon, and return requirements. A state-of-the-art investment process is used, based on a downside risk model. The Investment Policy Statement becomes the financial road map for clients and guides them in the achievement of their long-term goals. To ensure that client portfolios achieve their target returns without assuming excess risk, all portfolios are automatically re-balanced to ensure that the asset mix stays on target. Client reporting is simple to read and contains useful information that includes capital invested, market value, account activity, fees paid and rate of return. Tran Group clients enjoy personalized service, quarterly reviews with a private client manager and informative newsletters.
Tran Group Trust Limited
Tran Group Trust Limited is a Cyprus-licensed trust company. Tran Group Trust Limited has a well-established track record of providing comprehensive trust administration services to individuals and families, as well as charitable organizations. In its role as trustee, Tran Group Trust Limited's qualified trust officers work closely with a network of third party specialists (lawyers, investment managers and accountants) to ensure that client affairs are handled in an effective and efficient manner.
Cyprus trusts are highly flexible structures that enable residents and offshore clients to implement personal financial planning strategies that can help protect and grow their wealth. As the world's premier offshore jurisdiction and an innovator in trust administration, Cyprus features a supportive regulatory environment and a sophisticated financial infrastructure, with standards comparable to those of the United States and the United Kingdom. The Trust Company recently formed Tran Group Management Limited to provide management and accounting services, primarily to trusts and related financial entities.
Deposit Insurance
Our United States investors and clients frequently ask us about Federal Deposit Insurance Corporation (FDIC) insurance. FDIC is best understood within the context in which it was created.
The FDIC was created in the United States as a result of the banking crisis of the 1930s. It is primarily designed to prevent a collapse of the banking system brought on by depositor panic. FDIC is not intended to reduce the risk of a bank’s investment policies, preserve capital, or guarantee interest payments. Many US banks have deposits that are oriented towards the short term and thus benefit from FDIC membership. Under a system like FDIC, banks are required to limit the majority of their assets in stable but low yielding instruments such as government bonds.
Free from the limitations of FDIC, The Tran Group has more flexibility in its investment choices. We can invest in a wider variety of instruments, such as AAA rated bonds offered through European companies, international real estate and business investments. This results in a portfolio that hedges risk through diversity. Simply put, The Tran Group invests in similar vehicles as US banks but can offer more attractive returns and better manage risk through global choices.
The Tran Group and most other banks invest in similar asset classes. For example, many banks offer home mortgages, which are essentially real estate investments. In the United States, banks are primarily limited to mortgages on real estate in the United States. We also invest in real-estate backed mortgages, but we can invest in mortgages in international markets where these mortgages pay higher interest than similar mortgages in the United States. Therefore, with its global network, The Tran Group invests in similar assets but delivers higher returns to its investors.
As another example, many banks invest in government bonds. Specifically, many banks in the United States invest in bonds issued by the US, State, or Municipal Governments. Most of these bonds are A to AAA rated securities, or equivalent. We also invest in A to AAA rated bonds, but we invest in bonds in international markets where the coupon, or interest rate, are significantly higher than those paid by the governments in the US. Simply stated, with its global network, we invest in similar assets but delivers higher returns to its investors.
Finally, many banks offer commercial loans. A commercial loan is issued to a company and is essentially an investment in the assets of a company. Structured as loans, the investment returns are limited to the interest rate payable on the loans. The Tran Group also invests in companies. Following a stringent analysis, Tran structures investments into companies, but the returns are not limited to interest rates payable on loans. Therefore, with its team of experienced business leaders, The Tran Group passes on these higher returns to its investors while maintaining low risk profiles.
Retail Fixed Term Deposits is what I am interested in.
Does anyone have any objections to this bank, I am curious but would like some other people's opinion before opening up an account with them. Are they safe?
Mission Statement
Our mission is to create financial solutions for our customers through timely delivery of superior products and services.
We will carry out our mission efficiently, with a professional attitude and in an environment that is customer driven.
Corporate Vision
To produce for our customers superior products with superior service.
About Tran Group
Tran Group is comprised of two main operations:
Tran Group Investments Limited
Tran Group Trust Limited
Tran Group Investments Limited
Tran Group Investments Limited was established in the mid-1990s to provide discretionary investment management services for the assets for the Doral family and to provide retail investment services to clients of the deposit company. The investment aspect of the business has grown substantially since that time. Today, Tran Group Investments Limited provides discretionary investment management, mutual funds and financial planning services for individuals, families, corporations and government agencies.
Clients are provided with a customized Investment Policy Statement based on their personal investment needs and goals. The Investment Policy Statement takes into consideration clients' income and liquidity requirements, capital preservation needs, investment time horizon, and return requirements. A state-of-the-art investment process is used, based on a downside risk model. The Investment Policy Statement becomes the financial road map for clients and guides them in the achievement of their long-term goals. To ensure that client portfolios achieve their target returns without assuming excess risk, all portfolios are automatically re-balanced to ensure that the asset mix stays on target. Client reporting is simple to read and contains useful information that includes capital invested, market value, account activity, fees paid and rate of return. Tran Group clients enjoy personalized service, quarterly reviews with a private client manager and informative newsletters.
Tran Group Trust Limited
Tran Group Trust Limited is a Cyprus-licensed trust company. Tran Group Trust Limited has a well-established track record of providing comprehensive trust administration services to individuals and families, as well as charitable organizations. In its role as trustee, Tran Group Trust Limited's qualified trust officers work closely with a network of third party specialists (lawyers, investment managers and accountants) to ensure that client affairs are handled in an effective and efficient manner.
Cyprus trusts are highly flexible structures that enable residents and offshore clients to implement personal financial planning strategies that can help protect and grow their wealth. As the world's premier offshore jurisdiction and an innovator in trust administration, Cyprus features a supportive regulatory environment and a sophisticated financial infrastructure, with standards comparable to those of the United States and the United Kingdom. The Trust Company recently formed Tran Group Management Limited to provide management and accounting services, primarily to trusts and related financial entities.
Deposit Insurance
Our United States investors and clients frequently ask us about Federal Deposit Insurance Corporation (FDIC) insurance. FDIC is best understood within the context in which it was created.
The FDIC was created in the United States as a result of the banking crisis of the 1930s. It is primarily designed to prevent a collapse of the banking system brought on by depositor panic. FDIC is not intended to reduce the risk of a bank’s investment policies, preserve capital, or guarantee interest payments. Many US banks have deposits that are oriented towards the short term and thus benefit from FDIC membership. Under a system like FDIC, banks are required to limit the majority of their assets in stable but low yielding instruments such as government bonds.
Free from the limitations of FDIC, The Tran Group has more flexibility in its investment choices. We can invest in a wider variety of instruments, such as AAA rated bonds offered through European companies, international real estate and business investments. This results in a portfolio that hedges risk through diversity. Simply put, The Tran Group invests in similar vehicles as US banks but can offer more attractive returns and better manage risk through global choices.
The Tran Group and most other banks invest in similar asset classes. For example, many banks offer home mortgages, which are essentially real estate investments. In the United States, banks are primarily limited to mortgages on real estate in the United States. We also invest in real-estate backed mortgages, but we can invest in mortgages in international markets where these mortgages pay higher interest than similar mortgages in the United States. Therefore, with its global network, The Tran Group invests in similar assets but delivers higher returns to its investors.
As another example, many banks invest in government bonds. Specifically, many banks in the United States invest in bonds issued by the US, State, or Municipal Governments. Most of these bonds are A to AAA rated securities, or equivalent. We also invest in A to AAA rated bonds, but we invest in bonds in international markets where the coupon, or interest rate, are significantly higher than those paid by the governments in the US. Simply stated, with its global network, we invest in similar assets but delivers higher returns to its investors.
Finally, many banks offer commercial loans. A commercial loan is issued to a company and is essentially an investment in the assets of a company. Structured as loans, the investment returns are limited to the interest rate payable on the loans. The Tran Group also invests in companies. Following a stringent analysis, Tran structures investments into companies, but the returns are not limited to interest rates payable on loans. Therefore, with its team of experienced business leaders, The Tran Group passes on these higher returns to its investors while maintaining low risk profiles.
Their website seems to have a lot less information than I would expect it to. Did you notice that the "normal savings" listed above the "fixed term . . I don't remember the rest" were MONTHY returns? (IE under $25,000 is 48%)
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