A unit trust is a pooled fund (contributions made by several investors) with common investment objectives. These pooled funds are then invested in a diversified portfolio of financial instruments such as bank and finance company deposits, corporate debt, shares, government securities etc. in order to earn a return.

The investors are allocated units in exchange for the funds they’ve invested and the return made by the pooled fund are allocated to these unit holders according to the number of units they own.

Yes, please find attached the softcopies of the Unit Trust Onboarding documents for a Joint Account.

Note that the Primary and Joint applicant should fill in joint bank account details. We will also need the following source documents-

• Clear copy of Primary applicants NIC (front and back) with billing proof (only if address differs from NIC)
• Clear copy of Joint applicants NIC (front and back) with billing proof (only if address differs from NIC). If minor without NIC with birth certificate
• Bank account statement with the details (Bank, branch, account number) clearly visible  – as mentioned it should be a joint bank account held by the Primary and Joint applicant

Yes, please find attached the softcopies of the Unit Trust Onboarding documents for a Corporate Account.

 **As you do not need to maintain any minimum balance, we suggest ticking all the funds, to avoid unnecessary paperwork afterwards; it is completely up to you

***Needs to drill down to natural persons with equity interest of more than 10%. If the corporate client is owned by another body corporate (registered company), we will need the Holding Company’s Form 15 and the natural persons with equity interest of more than 10% mentioned.

The most suitable fund for you to invest in, depends on how much of a risk you’re willing to take and your requirement to have cash/liquidity in hand Download Fund Fact Sheets