Summary of Amendments to Revised Guidelines on Unit Trust Funds

SUMMARY OF AMENDMENTS
REVISED GUIDELINES ON UNIT TRUST FUNDS
(Date of Issuance: 1 October 2024)
The following table provides a summary of key amendments to the revised Guidelines on Unit Trust Funds (Guidelines) issued on 1 October 2024:
A. Overview
The Guidelines were revised￾1. As a consequence of the repeal of the Guidelines on Online Transactions and Activities in Relation to Unit Trusts (Online Transactions Guidelines) and Guidelines on Marketing and Distribution of Unit Trust Funds (Marketing Guidelines). The Online Transactions Guidelines and Marketing Guidelines were repealed consequent to the issuance of the revised Guidelines on Conduct for Capital Market Intermediaries on 1 October 2024 (Conduct Guidelines);
2. To broaden the requirement for disclosures relating to a unit split exercise;
3. To insert new guidance to enable unit holders to have sufficient information on a unit split exercise and impact on unit holder’s
investments; and
4. To insert new guidance to clarify the appropriateness of a fund’s name.
B. Amendment to specific paragraphs
No. Prior to
1 October 2024
Revised Version Dated
1 October 2024 Comments
Part 3: The Management Company

1. • Paragraph 3.26 New paragraph inserted to incorporate relevant requirement
     from paragraph 7.06 of the repealed Online Transactions Guidelines.

SUMMARY OF AMENDMENTS
REVISED GUIDELINES ON UNIT TRUST FUNDS
(Date of Issuance: 1 October 2024)
B. Amendment to specific paragraphs
No. Prior to
1 October 2024
Revised Version Dated
1 October 2024 Comments
2. - Paragraph 3.27 New paragraph inserted to incorporate relevant requirement
from paragraph 7.06A of the repealed Online Transactions Guidelines.
3. Paragraph 3.28 New paragraph inserted to incorporate relevant requirement
from Chapter 6 of the repealed Marketing Guidelines.
4. Paragraph 3.29 New paragraph inserted to incorporate existing requirement
under the UTF Statistical and Investment Returns Reporting Manual.
Chapter 9: Operational Matters
5. Paragraph 9.18 Paragraph 9.18 Amended to broaden the requirement for disclosures relating
to a unit split exercise.
Chapter 11: Applications, Notifications and Reporting to the Securities Commission Malaysia
6. Paragraph 11.19 Paragraph 11.19 Amended pursuant to insertion of new paragraph 3.28 above.
Guidance to Chapter 5: Constitution of the Fund
7. - Guidance to Paragraph 5.05 New guidance inserted to clarify the appropriateness of a
fund’s name.

SUMMARY OF AMENDMENTS
REVISED GUIDELINES ON UNIT TRUST FUNDS
(Date of Issuance: 1 October 2024)
B. Amendment to specific paragraphs
No. Prior to
1 October 2024
Revised Version Dated
1 October 2024 Comments
Guidance to Chapter 9: Operational Matters
8. Guidance to Paragraphs
9.12 and 9.14
Guidance to Paragraphs 9.12 and
9.14
Amended to reflect insertion of new paragraph 3.26 above.
9. - Guidance to Paragraph 9.18 New guidance inserted to clarify that statement to unit
holders should provide sufficient information on the unit split exercise and its impact on unit holders’ investments.