A Unit Trust fund is defined as a pool of funds gathered from a group of investors and invested by a fund manager into various assets in order to meet the unit trust’s objectives. The collection of these investment funds is managed full time by a professional fund manager.
An investment portfolio can consist of equities, bonds and assets. A unit trust involves a three-way relationship between the manager, the trustee and the unit holder. The role of the manager is to manage the operations of the unit trust fund, while the trustee holds all the assets and the unit holder in the investor.
Gain access to more than 29 Unit Trust Management Companies and over 210 Shariah compliant unit trust funds.
Benefits of Unit Trust
- Affordability – A unit trust is a collective investment scheme where investors can start their investment at a relatively low amount
- Diversification – Risk mitigation through diversified investment portfolio
- Liquidity – Investments can easily be converted back into cash
- Professional Fund Management – Unit Trust fund managers have the experience, skills and resources to decide where, when and what to invest in
- Investment Exposure – Diversified countries and industries
- Regulated Industry – Governed by various legislations to protect the interest of the investing public
- Lower Sales Charge – Single sales charge for multiple asset classes with differing sales charge up to 7%