© 2020 Copyright By Pacific Trustees Group International

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Fund Trustee Services

Unit Trust Whole Sale Fund

The unit trust forms a tripartite relationship between the Management Company as the Manager, the Trustee as an independent body and the unit holders. Pacific Trustees acts as the custodian of the fund assets and ensures that the unit trust is managed according to the Securities Commission’s Guidelines on Unit Trust Funds and in accordance with the terms and conditions stipulated in the Trust Deed to minimise the risk of mismanagement by the fund manager.

The trustee, therefore, must act to ensure that the management company adheres strictly to the provisions of the deed, particularly with regard to the creation and cancellation of units, the exercise of investments powers of the fund, collection and distribution of income, proper record keeping of administrative, investment and unit holders’ transactions, and in upholding unit holders’ interests.

As at todate, Pacific Trustees has been appointed as the Trustee for the following funds:

Trustee System – Trustee Services

We have developed our in-house program to perform our day to day operations to cater and manage the needs of the Unit Trust accounts (Pacific Trustee Bhd-Trustee Management System), which includes:

  • Creation and/or Cancellation of Units

  • Investment Activities & Settlement

  • Money Market Placement

  • Corporate Actions

  • Investment Portfolio Reports

  • Daily Unit Price/NAV Calculation

Our Trustee System is backed and supported by the IT Department; covering system security, system back up, system access, trouble shooting and/or retrieval of information.

CIS System Flow Chart