Any instruments you purchase through Lightyear are yours. You would be the beneficial owner of those instruments (shares, ETFs, MMFs (in Vaults)) and they are held in an omnibus clients' assets account on your behalf. You retain all the rights and benefits of being a shareholder, and Lightyear, where possible, also provides information about corporate events. Your stocks may allow you to vote in shareholder meetings if applicable.

Your shares are held in an omnibus clients’ asset account with Lightyear UK Ltd, and may be deposited with our selected sub-custodian, which is currently a Lightyear Group firm, Lightyear Europe AS. Your investments are ringfenced and held completely separately from our own assets or those belonging to our sub-custodian.

• US shares are registered with the DTCC (Depository Trust and Clearing Corporation) which is the central securities depository of the United States.
• For European securities, Lightyear Europe partners with several CSDs (Central Securities Depositories), examples of which include Euroclear, CREST and Clearstream, depending on which market the security is traded and hence registered.

See also: How are my assets protected?