Unit Trust Management Company (UTMC)

Men referring to bar graph

A unit trust management company and, in relation to unit trust funds has the same meaning as “management company” as defined in the Capital Market Services Act. “Management Company” means a company by which or on whose behalf a unit of a unit trust scheme or prescribed investment scheme–

  • has been or is proposed to be issued or offered for subscription or purchase; or
  • in respect of which an invitation to subscribe or purchase has been made, and includes any person for the time being exercising the functions of the management company.

Unit Trust Management Companies