A unit trust which can only invest in assets of superannuation funds, approved deposit funds (ADFs), PSTs and certain other tax advantaged entities. It is regulated by the SIS Act. They must satisfy set operational standards set out in the SIS Act.
A unit trust which can only invest in assets of superannuation funds, approved deposit funds (ADFs), PSTs and certain other tax advantaged entities. It is regulated by the SIS Act. They must satisfy set operational standards set out in the SIS Act.