Sunday, July 5, 2020

History of Unit Trusts

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.

The unit trust industry in Malaysia has therefore a history of more than four decades. The development of this industry can be presented in chronological order as follows.

The Development of Unit Trusts
The Formative Years: 1959 -1979
The Period from 1980 to 1990
The Period from 1991 to 1999
The Period from 2000 to current


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