UT Guidelines 2

Expenses that may be paid out of a fund.

• Commission or fees paid to brokers or dealers

• Custodial functions

• Cost of issuing fund prospectus with less than 2% sales charge

• Fund accounting fees

A trustee must pay the unit trust management company the value of the units cancelled within :

• 7 days

• 7 business days

• 10 days

• 10 business days

Cooling-off can be given to the following investor.

• First time individual investor

• First time corporate investor

• First time investor with FIMM license

• First time investor who works in a unit trust company

A unit split may be conducted when the monthly average NAV has shown a sustainable appreciation over a __ months period.

• 3

• 6

• 9

• 12

A guarantor appointed to provide a guarantee for a fund must be :

• A licensed bank

• A licensed investment bank

• A licensed islamic bank

• A licensed insurance company