Structure
- The fund manager runs the trust for profit.
- The trustees ensure the fund manager keeps to the fund's investment objective and safeguards the trust assets.
- The unitholders have the rights to the trust assets.
- The distributors allow the unitholders to transact in the fund manager's unit trusts
- The registrars are usually engaged by the fund manager and generally acts as a middleman between the fund manager and various other stakeholders.
Read more about this topic: Unit Trust
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