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Published: 1994
Author: Sally Cheong
Publisher: Corporate Research Services Sdn. Bhd
Genre: Mutual funds, Financial institutions, Investments Trust, Investments
Paperback: 143 pages
Condition: 7/10 (Used, the book is in good condition overall, but there is a printing defect: the cutting is misaligned)
There are now 12 Unit Trust companies and 4 Property Trust companies managing a total of 34 funds in the market excluding Bumiputra unit trust funds. The range of Bumiputra unit trusts is also expanding with State funds entering the market. What does that herald for the individual investor? He has more choices. But how does the investor choose among so many funds? This book was written in response to that question. Investors need to have information to decide which fund to select. He needs to know what are the differences between funds, the rate of dividends declared since the funds were established, whether any bonus units were issued, who are the people managing the funds because the investor's money is placed at risk, who are the backers of those funds and what are the inherent risks in investing in unit trusts. They are all found inside this book. In addition, there are three contributors who have given their expertise in the area of investment, tax and property trusts for the benefit of the investing public. For promoters of unit trusts, there is a chapter on how to set up a unit trust company and the law regulating unit trusts. The Securities Commission has also granted its permission to have the Guidelines on Unit Trust Funds reproduced in this book for the benefit of all investors. This is the first comprehensive book on Unit Trusts in Malaysia.
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