Trustee for Unit Trust Funds
A unit trust fund is a collective investment scheme, which pools the savings of investors with similar investment objectives in a special "trust" fund managed by professional fund managers. The pooled monies in the unit trust fund will then be invested in a diversified portfolio of securities and other assets in accordance with the unit trust fund's investment objectives and as permitted under the Securities Commission's (SC) Guidelines on Unit Trust Funds.
The Trustees play a crucial role in protecting the unitholders by ensuring that the fund is operating in accordance to what is stipulated in the Trust Deed and by holding all assets of the said fund for the unitholders.
Trustee for Private Debts Securities and Sukuk
Other than Equity and Bonds, a debt instrument is a popular form of capital that a company can raise. With many debt instruments available in the market ranging from "plain-vanilla" to Islamic Sukuk instruments, it is a requirement by the Securities Comission that a Trustee be appointed to safeguard the interests of the bond holders by ensuring the provisions, covenants and requirements as stipulated in the Trust Deed is complied with.
Trustee for Real Estate Investment Trust Schemes
Real estate investment trusts, known as REITs, are entities that invest in different kinds of real estate or real estate related assets, including shopping centers, office buildings, hotels, and mortgages secured by real estate. REITs are sought after by investors as they provide accessibility to large scale income producing properties.
As with all investments that involve large pooled funds from the public and general investors, a Trustee is needed to ensure that these funds are safeguarded and used in the manner in which it was first intended by the unitholders.
Maybank Trustees Berhad holds under its Trusteeship several notable REITs such as Quill Capita Trust, AMFirst REIT and Starhill REIT.