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ONLINE LEGAL DOCUMENTS
Unit Trust Deed
A unit trust (definition) is a portfolio of stocks, bonds, property, cash or other asset classes, chosen by professional fund managers according to themes and styles of investing. A unit trust is an unincorporated mutual fund structure that allows funds to hold assets and provide profits that go straight to individual unit owners instead of reinvesting them back into the fund.
A Unit Trust Deed is between Unit Holders in a Unit Trust. Where a Unit Trust is used, it is normally accompanied by a Unit Holder’s Agreement.
Your Unit Trust Deed Template Includes:-
- 1 Definitions & Interpretation
- 2 Trust
- 3 Beneficial interest of unit holders
- 4 Issue and classification of units
- 5 Register of unit holders
- 6 Certificates
- 7 Redemption of units
- 8 Transfer of units
- 9 Transmission of units
- 10 Income and capital
- 11 Categories of income and capital
- 12 Distribution to unit holders
- 13 Statements and accounts
- 14 Appointment and removal of trustee
- 15 Variation of trust
- 16 Modification of class rights
- 17 Provisions relating to trustee
- 18 Meetings of unit holders
- 19 Limitation on liability of unit holders
- 20 Investment powers
- 21 General powers
- 22 Termination of trust
- 23 Notices and service
- 24 General Provisions
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