Unit trust vs Cash trust which is regulated by SC

Know the Difference Before You Invest ! Unit Trust and Private Retirement Scheme (PRS) are regulated investment products that are distributed through licensed channels in Malaysia. However, not all products that use the word "trust" fall under the same regulatory framework. "Cash trust" is not a recognised or regulated investment product under Malaysia's capital market regulations and may be structured and marketed differently depending on the provider. Information by: Federation of Investment Managers Malaysia is the recognised body responsible for regulating and overseeing the marketing and distribution of Unit Trust Schemes (UTS) and PRS in Malaysia. FIMM does not regulate or oversee "cash trust" schemes, as they fall outside the UTS and PRS distribution framework.