Fund Structure & Regulation

Unit Trust

Definition

What is Unit Trust?

A pooled investment constituted under a trust deed, with units held for beneficiaries.

Example in practice

The manager invests the portfolio while the trustee oversees the arrangement for unitholders.

Keep learning

A regulated arrangement that pools investors' money for investment according to a common objective.

A fund that can create or cancel units as investors subscribe and redeem.

A fund with a relatively fixed number of units that investors usually trade with one another.

The percentage of a portfolio invested across asset classes such as cash, bonds, shares, and property.

Think you know your investing terms?

Put your knowledge to the test with a quick quiz.