Unit trust Investment... Are really make money?
By slieza2711
@slieza2711 (13)
Malaysia
May 13, 2008 8:29pm CST
Have anybody have involvein Unit Trust. How it make money... what i know, it is a long term investment....
2 responses
@msshaari75 (12)
• Malaysia
21 May 08
Do you mean mutual fund? Yes... yes it is long term investment - at least 3 to 5 years..... It is good for retirement planning too.
@slieza2711 (13)
• Malaysia
21 May 08
Have you involved in Unit Trust? From my research, mutual or unit trust is to pool money with other people to convert it into fund.
@underdogtoo (9579)
• Philippines
15 May 08
I think it would be good if you could give details about this and maybe others will become interested and do some research on this. I would like to help but as there are millions of things like this in the world today I would appreciate a little more discussion. Cheers!!!
@msshaari75 (12)
• Malaysia
21 May 08
Hi. Unit trust are also define as mutual fund.
- The fund manager runs the trust for profit.
- The trustees ensures the fund manager keeeps to the fund's investment objective and safeguards the
trust assets.
- The unit holders have the rights to the trust assets.
- The distributor allow the unit holders to tranact in the fund manager's unit trust.
- The registrars are usually engaged by the find manager and generally acts as a middleman between the fund manager and various other stakeholders
