Understanding about Unit Trust Consultant

“Unit Trust Scheme Consultant” or “UTS Consultant” means an individual who is duly registered with the Federation of Investment Managers Malaysia to market and distribute the Unit Trust Scheme (UTS).

As a Unit Trust Scheme Consultant (UTS Consultant) requires compliance with all clauses under the Minimum Standards for Registration of UTS Consultant, as stipulated in the “Guidelines on Marketing and Distribution of Unit Trust Funds” issued by the Securities Commission, including the requirement to pass the CUTE prior to registration.

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Understand different types of Unit Trust funds

There are also different types of unit trust funds you can invest in. Not all unit trusts are created equal, each fund is complemented with different assets.

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How Unit Trust work for long term financial planning ?

Unit trusts are a good product for long-term investments, and then for retirement purposes. If you can keep it for the long-term, you can practice dollar-cost averaging (DCA). You can never buy or invest at the lowest point but when you average this out, you will get the lower average price.

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Return on investment in Unit Trust

The return on investment of unit holders is usually in the form of income distribution and capital appreciation, derived from the pool of assets supporting the unit trust fund. Each unit earns an equal return, determined by the level of distribution and/or capital appreciation in any one period.

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Is that Unit Trust covered by PIDM ?

Is that Unit Trust covered by PIDM ?
Answer: Unit Trust is not covered DIS under PIDM.

Coverage of DIS 
All types of depositors, whether businesses or individuals, are protected. The maximum limit of coverage is RM250,000 per depositor per member bank. This includes both the principal amount of a deposit and the interest / return. With the RM250,000 limit, 97% of depositors are protected in full. The Malaysian Deposit Insurance System provides separate coverage for conventional and Islamic deposits.

Source from：

https://www.pidm.gov.my/en/for-public/deposit-insurance-system-dis/coverage-for-dis/

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Refrence：-

PIDM is a Government agency established under Akta Perbadanan Insurans Deposit Malaysia (Malaysia Deposit Insurance Corporation Act). PIDM was set up in 2005 to administer the Deposit Insurance System (DIS) aimed at protecting depositors.

Beginning 31 December 2010, PIDM’s role was expanded to administer the Takaful and Insurance Benefits Protection System (TIPS) to provide protection to owners of takaful certificates and insurance policies.

Within Malaysia, we are known as PIDM, being short for Perbadanan Insurans Deposit Malaysia. Internationally, we are also known as the Malaysia Deposit Insurance Corporation (MDIC).

Unit Trust Management Companies

Unit Trust Management Companies 

Updated: 09.05.2020 | 16:58

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How Unit Trusts (UT) work ?

A unit trust is a portfolio of stocks, bonds, property, cash or other asset classes, chosen by professional fund managers according to themes and styles of investing.

The manager buys these securities on behalf of the fund, which is then split into equal units which are sold to investors. In an open-ended fund, the number of units is unlimited so more investors can pile into the fund.

The fund is priced daily according to the net asset value of the underlying investments. Dividends and interest from the underlying investments are either reinvested or paid out. Investors share in the gains of the unit trust - and the losses. Investors benefit in terms of dividend paid or capital growth.

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Understanding Unit Trusts (UT)

A unit trust is a type of collective investment packaged under a trust deed. Unit trusts provide access to a vast range of securities.

A unit trust's success depends on the expertise and experience of the company that manages it.

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What is a Unit Trust (UT)?

A unit trust is an unincorporated mutual fund structure that allows funds to hold assets and provide profits that go straight to individual unit owners instead of reinvesting them back into the fund. The investment fund is set up under a trust deed. The investor is effectively the beneficiary under the trust.


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