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).