Category of Trust Funds
The number 1 Unit Trust Company currently promotes five categories of funds which are known as
follows:
- equity fund,
- balanced fund
- bond fund and
- money market fund.
The difference among the five categories lies with level of investment risk
and with the (asset) allocation among the various asset classes i.e. between
equities, bonds and money market instruments, resulting in different
emphasis being placed on capital growth and income.
Equity Fund and Balanced Fund are known as Loaded Fund and Bond Fund, Fixed
Income Fund and Money Market Fund are known as Low Loaded Fund
