AMFIE is a PSF (Financial Sector Professional) with a wealth management status. Members’ funds are deposited with Luxembourgish partner banks, which are affiliated with FGDL (Deposit Guarantee Fund Luxembourg).
The safety and quality of AMFIE’s deposits are also obtained through diversification and the selection of placings from only the best "investment grade" issuers. In addition, members’ deposits are held in the currency(ies) chosen by the member. In other words, when a member makes a deposit in an AMFIE currency, it stays in that currency unless we are instructed otherwise by him.
The following is a list of our custodian banks as at 22 June 2017 :
Banque de Luxembourg
Banque Internationale à Luxembourg (BIL)
BCP Banque, Luxembourg
Deutsche Bank, Luxembourg
Nordea Bank, Luxembourg
Société générale Bank and Trust, Luxembourg
Investment criteria are decided by the Board of Directors, elected by the General Assembly, in line with the investment policy as described in the discretionary management mandate signed by all members.