How Unit Trust Works In Malaysia
There are also different types of unit trust funds you can invest in.
How unit trust works in malaysia. 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. Use the guide below to find the best unit trust investments based on your risk appetite. Sc issued the guidelines on unit trust funds that govern the funds established in malaysia. Find the best unit trust investment in malaysia.
Top 5 performing funds for short term investment 1 5 years if you re investing for short term gain typically within 3 months to 5 years you must make sure that the fund you re investing can give a higher return than fixed deposit rate which averages around 3. Below depending on your objective you will find the best performing unit trust funds to invest and grow your money. 3 august 2020 until 30 november 2020. 1 hsbc bank unit trust diversification 2020 promotion promotion terms and conditions apply.
The mechanism of a unit trust fund. 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. Unit trust investment in malaysia. And also to protect the investors interests.
A unit trust is a form of collective investment scheme regulated by the securities commission sc in malaysia. This promotion is open to new and existing hsbc bank premier customers during the promotion period. In malaysia s context the terms unit trust and mutual fund refer to the same product as both are actively managed by professionals. 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.
Whether you are a seasoned investor or a beginner unit trusts may be the way to go. Not all unit trusts are created equal each fund is complemented with different assets. Public mutual berhad a wholly owned subsidiary of public bank is a top private unit trust management company and leading prs provider in malaysia.