The Role of Trustee in Unit Trust

Trustee conduct supervisory in purchase and disposal of units, receive information throughout process, monitors and controls process, ensure procedures and processes used in UTMC are adequate and according to deeds and regulatory requirements. Or simply put it in points as below:

- Safeguard unit trust scheme’s assets

- Ensures funds are invested in accordance with deed and objectives

- Supervises the operations

- Approves and monitors all financial transactions

- Collect all incomes