Unit Trust is a collective investment scheme that pools the savings of a large number of investors. The money collected is invested by the fund manager in different types of stocks‚ bonds‚ or other securities in various proportions depending upon the objective of the fund. The income earned through these investments and the capital appreciation realized by the scheme‚ after deducting the trading costs and expenses of managing and administering the fund are paid out to the unit holders in proportion
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Disposal of property on death – Secret Trusts Definition: An owner of property dies‚ that property passes to those entitled under the law of succession. 2 main methods: 1) Through a valid will 2) Intestacy rules Will – series of specific bequests or legacies of specific assets to specific individuals who will receive the assets not disposed off. If no residue clause then the rules of intestacy operate. Requirements of a valid Will 1) Capacity 2) Age 3) Mental Capacity 4) Intention
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WHO SHOULD INVEST IN UNIT TRUST Unit trust funds are promoted as a long-term investment instrument. It is also a form of indirect mechanism for participating in capital market instruments. Investment in unit trust funds carries a relatively lower risk-return profile‚ hence would appeal to you if you are a conservative investor with a long-term investment horizon and who lacks the time and skill to directly participate and monitor the investments in the various capital market instruments. In general
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Best Friend My best friend betrayed me by talking about me behind my back to my other friends and I learned to be more careful when choosing my friends. My best of 6 years started saying horrible things about me to my other friends. She was someone I trusted and told everything to. After this whole friendship drama happened I have learned to be more careful and not so open when choosing my friends. My best friend of 6 years betrayed me by talking about me behind my back to my other friends. We
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are in need or difficulty is a true friend. In our daily life we come across people who over a period of time become close to us. But we cannot be sure if they are true friends or just fair-weather friends. Many people develop contacts with influential people for their benefit. It will be a great mistake if one considers these apparently close people as friends. The test of true friendship is in time of difficulties.On the other hand‚ the fair-weather friends disappear in times of trails. They
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A Friend in need is a friend indeed Who is a friend and what is that which is known as friendship? It is the connection that generally exists between two individuals who are not related to one another on account of any family ties. It is also possible that people who are close relations too can become friends. Here we are dealing with this kind of friends although there is another category of friends spread beyond national boundaries. This category is known as pen friends who begin their relationship
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There are different ways to tell the difference between a real friend and a fake friend. Some qualities in a good friend are they are trust worthy‚ they listen to your thoughts‚ concerns and issues‚ and you can tell them stuff without them judging you. If someone doesn’t always use these traits it doesn’t make them a “bad friend”‚ people make mistakes and as people ourselves we should forgive and forget because one of these days were going to mess up too‚ it happens to all of us‚ when we mess up
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"Friend" is an extremely strong word in today’s society. There are many aspects that create a friend and everybody may have a different perspective of what a friend truly is. They may define a friend as a person that’s always there for you and always has your back. Someone that they can sincerely depend on. A person who you know will be there until the very end. A friend is someone your NEVER embarrassed to be around‚ you accept them for who they are. There is always a mutual understanding between
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trust agreement THIS TRUST AGREEMENT‚ MADE THIS _____ DAY OF _____________‚ 20XX‚ BETWEEN ____________________________‚ PRESENTLY RESIDING AT _________ ________________ ________________________ (SETTLOR)‚ _____________ ___________________‚ PRESENTLY RESIDING AT __________________________________ ______ (TRUSTEE)‚ AND ________________ __________‚ PRESENTLY RESIDING AT ________ ___________________________ (SUCCESSOR TRUSTEE). THE TRUST CREATED BY THIS AGREEMENT SHALL BE KNOWN AS THE ______________________
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FRIENDS: friend or foe? Friends are extremely important and friendship is a major part of our lives. If there’s one thing we can all agree on‚ it’s that friends are awesome. Having friends is similar to having family. During the good times and the bad‚ through thick and thin‚ your best friends are there for you. They are the people that you can count on in your greatest time of need. They can help you in times of trouble‚ and be there to enjoy and share the great parts of your life too. Our friends
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