COLLECTIVE INVESTMENT SCHEMES (CIS)

In the landscape of Collective Investment Schemes (CIS), where the funds of many are pooled for professional management, the role of the trustee is paramount. Serving as the independent guardian of the investors' assets, the Trustee Association underscores its fundamental commitment to ensuring the integrity of these schemes and protecting the interests of every investor.

 

Collective Investment Schemes—such as Unit Trust Funds (UTF), Wholesale Funds (WSF), Exchange-Traded Funds (ETF), Private Retirement Schemes (PRS), and Real Estate Investment Trusts (REIT)—offer individuals the advantage of diversification and professional asset management. Within this structure, the trustee's position is a critical component of the governance framework, established to provide robust oversight and safeguard the assets held within the fund.

 

In essence, the trustee acts as the investors' advocate, ensuring that the Collective Investment Scheme is managed with the highest standards of integrity, transparency, and accountability. The Trustee Association is dedicated to upholding these principles, reinforcing the trust and confidence essential for the continued growth and success of the investment community .

 

For a member to act as trustee for CIS, the member must be registered and approved as trustee by the Securities Commission Malaysia. Please refer to the website of Securities Commission Malaysia at  www.sc.com.my for the latest list of members who are approved and registered to act as trustee for CIS.