Monday, May 19, 2008

Unit Trust at Malaysian Government's Official Portal

Here are article I found at Malaysian Government Official Portal which is talking about legislation of Unit Trust Scheme and Industry in Malaysia.

Unit Trust

Unit trust funds are investment schemes structured to allow investors with similar investment objectives to participation in the money, debt, equity and derivative markets.

Professional investment managers, who channel their efforts towards achieving investment objectives ranging from regular income to capital growth, will manage funds collected from the schemes.

Unit trusts are excellent vehicles for individual and corporate financial planning due to their affordability, liquidity and relatively low risk nature.

Click on the link for more information
The Securities Industry Act 1983
Securities Commission Act 1993
Guidelines on Unit Trust Funds

You can either follow the above links or click HERE to read more on this article at Malaysian Government's Official Portal.