How Unit Trust Works In Malaysia

Malaysia introduced the unit trust concept relatively early compared to its asian neighbours when in 1959 a unit trust was first established by a company called malayan unit trust ltd.

How unit trust works in malaysia. Not all unit trusts are created equal each fund is complemented with different assets. Not all funds use a trust structure. A unit trust is a fund which adopts a trust structure. Management company fund house manager.

Hsbc bank malaysia berhad 198401015221 127776 v. 3 august 2020 until 30 november 2020. Today there are about 42 unit trust management companies both conventional and islamic ones that offer unit trust investment services in malaysia and about 370 billion units in circulation. And also to protect the investors interests.

In malaysia s context the terms unit trust and mutual fund refer to the same product as both are actively managed by professionals. Sc issued the guidelines on unit trust funds that govern the funds established in malaysia. In this guide the term fund will also refer to a unit trust. The fund company owns various funds made up of stocks or bonds and you purchase new shares issued by the company for ownership of the funds.

A unit trust is a form of collective investment scheme regulated by the securities commission sc in malaysia. The unit trust industry in malaysia has therefore a history of more than four decades. So it s best you understand the common types of unit trust funds available and how they complement your financial goals to know which to put your money in. This promotion is open to new and existing hsbc bank premier customers during the promotion period.

Unit trust investment in malaysia. 1 hsbc bank unit trust diversification 2020 promotion promotion terms and conditions apply. History of unit trusts.