What is a Unit Trust?

The Unit Trust is a document outlining a fixed distribution of income and/or capital in accordance with the proportion of issued units.

This is similar to a shareholding in a Company.

A Unit Trust structure may be appropriate where individuals/companies enter into a common investment/joint venture.

The Trustee is bound by the Deed in respect to dealing with income and assets.

The most common form of a Trustee is an Incorporated Company controlled by all the unitholders (parties) of the Unit Trust to ensure the integrity of the Trust.