Known advantages

Known advantages

Eligibility as trustee stock is the highest quality of investment, such as bonds of the Federal Republic of Germany. The conditions for eligibility for trustee stock are defined in the German Civil Code (BGB), section 1807. WGF mortgage loans meet them through the first-rate land collateralisation in accordance with land registration laws of creditor claims, and through the inclusion of trustees and monitoring the application of funds.

The carer/guardian will apply to the court for the qualification of investments for wards. The courts in Rheinberg (file ref. 2 XVII 89/05 of 16.7.2008, 12.3.2009 and December 2010) and Neuss (file ref. 116 XVII R 88 of 31.8.2007) have approved such applications made by guardians – for these WGF 6.35% mortgage loans:

WKN A0JRUK (2006/2011)

WKN A0LDUL (2008/2013)

WKN WGFH04 (2009/2014)

WKN WGFH05 (2009/2016)

The court in Lörrach (file ref. XVII 7161 of 22.07.2011) has approved such applications made by guardians - for WGF 5.35 % mortgage loan:

WKN WGFH07 (2010/2014)

 
If you intend to submit an application for the approval of a ward investment with a WGF mortgage loan, please telephone freephone (from Germany) 0800 350 4505 for detailed information.

WGF profit-sharing rights are considered as share capital, and so are not suitable as trustee stock. 

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