A unit trust fund is a professionally managed, collective investment scheme that pools unit holders’ moneys and invests it towards a specific goal as declared by the investment objective of the scheme. |
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Such a scheme usually aims to provide above-average returns in the form of income distribution and capital growth with reasonable risks, to medium-to-long term investors through investing in a broadly diversified portfolio of stocks and bonds." and "Unit trusts are, therefore, long term investment vehicles most suited for investors who can tolerate volatile short-term fluctuations in prices in pursuit of the potential for long-term capital growth, which is associated with riskier equity investments. |
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