This collective investment fund is managed full time by professional fund managers. An investment portfolio typically includes equities, bonds and assets.
A unit trust is a three-way relationship among the manager, the trustee and the unit holder. The manager manages and operates the unit trust fund, the trustee holds all the assets and the unit holder is the investor
Benefit of Unit Trust Investments
More and more investors today prefer unit trusts to investing in the stock market for many reasons.
They get to invest in a diversified portfolio and benefit from the expert management of fund specialists for an affordable capital outlay and minimum risk. Their unit trust investments are individually tailored to suit their specific needs and constantly monitored, saving valuable time and resources.
Of course, any investment comes with an element of risk. So it is always best to know which are your possible risk factors. To help you steer your way through risks, please refer to pages 6 & 7 of the Master Prospectus.
How to Claim Tax Credits
Below is a guide for reference by investors to claim for tax credit on the dividend received for investment in CWA's unit trust funds.
The guide details the format of the Malaysian Tax Vouchers in the Distribution Statements for dividend reinvestment or paid out. In order to compute the tax credit, please fill in the worksheet HK-3 – Tolakan Cukai Di Bawah Seksyen 110 (Dividend) based on the Malaysian Tax Vouchers. The corresponding items between Worksheet HK-3 and Malaysian Tax Vouchers are clearly indicated with labels (i) to (v).
1. Format of HK-3 and Corresponding Item in Tax Voucher
| Bil. | Tarikh Bayaran | No. Waran / No. Siri | Nama Syarikat | Dividend Kasar | Cukai Dipotong | Dividend Bersih | |||
| RM | Sen | RM | Sen | RM | Sen | ||||
| (i) | (ii) | (iii) | (iv) | (v) | (iv) - (v) | ||||
2. Format of Malaysian Tax Voucher (Dividend Reinvestment)
| Transaction No. | Distribution No. | Type Of Distribution | For Year Ending | Entitlement Date | Date Of Payment | No Of Units Held | Gross Distribution Rate (RM) |
| (i) |
| Taxable Income (RM) (1) | Malaysian Taxation (RM) -(2) | Foreign Taxation (RM) -(3) | Non-Allowable Expenses (RM) -(4) | Non-Taxable Income (RM) +(5) | Distribution Equalisation (RM) +(6) | Net Payable (RM) =(7) |
| (iv) | (v) |
TRUSTEE (NAME OF FUND) (iii)
3. Format of Malaysian Tax Voucher (Dividend Paid-out)
| Account No. | Warrant No. | Distribution No. | Type Of Distribution | For Year Ending | Entitlement Date | Date Of Payment | No. Of Units Held |
| (ii) | (i) |
| Gross Distribution Rate | Taxable Income (RM) (1) | Tax (-2) | Nonallowable Expenses (RM) -(3) | Non-Taxable Income (RM) +(4) | Distribution Equalisation (RM) +(5) | Net Payable (RM) =(6) | |
| Malaysian (RM) | Foreign (RM) | ||||||
| (iv) | (v) | ||||||
TRUSTEE (NAME OF FUND) (iii)
