MSN: New draft tax bill hides a "stealth tax" in your unit trust investments For millions of South Africans, a unit trust or a portfolio of a Collective Investment Scheme (CIS) is one of the pillars of their financial future, serving as a vehicle for retirement savings, ... New draft tax bill hides a "stealth tax" in your unit trust investments Equity Investment Bank (EIB) has nearly Sh2.04 billion funds under management, barely three months into the soft launch of unit trust products. EIB has developed unit trust products with an entry ...
<div class="Section1">A unit trust (unit investment trust) holds a fixed portfolio of specified assets, such as tax-exempt bonds, Ginnie Maes, corporate bonds, or ... Sanlam Unit Trust Scheme remained the largest unit trust with an AUM of Sh144.3 billion, handing it a 19.1 percent market share. The number of Kenyans invested in unit trusts or collective investment ... Daily Monitor: Old Mutual spices up unit trusts with life insurance benefits Old Mutual has spiced up its unit trust product, integrating life and education protection benefits as an add-on for unit trust investors.
