SC broadens access for unit trust investments

SC chairman Datuk Syed Zaid Albar (pic) said these enhancements will enable retail funds to offer more diverse offerings to meet the demand and risk appetites of a wide range of investors.

PETALING JAYA: The Securities Commission (SC) has liberalised the unit trust fund framework to enable retail funds to invest in and offer a wider range of investment instruments and activities.

In a statement yesterday, the SC said this will enable management companies to develop more innovative products whilst ensuring adequate investor protection.