Friday, 10 September, 2010
Investing in Fijian Holdings Unit Trust
What is Fijian Holdings Unit Trust?
Fijian Holdings Unit Trust is an investment vehicle that allows your money to be pooled with other investors and to enable the fund manager to invest your money for you. Fijian Holdings Unit Trust has been designed to offer you, the investor, an affordable high quality medium to long term investment product that offers attractive returns.  You should note that this investment is not an investment in Fijian Holdings Limited (FHL).

Why Invest in Fijian Holdings Unit Trust?
  • Tax free dividends
  • Reinvestment facility
  • Unlimited ownership of units
  • Affordability of investment
  • Accessibility of investment
  • Ability to participate in a diversified investment portfolio
  • Professional Investment Managers
 Structure of Fijian Holdings Unit Trust:

Under the Unit Trust Act of 1978, Fijian Holdings Unit Trust is required to have a Trustee and a Manager. The Trustee, Guardian Trustee Limited protects the rights and interests of unit holders and holds the assets in Trust on their behalf. The Manager is Fijian Holdings Trust Management Limited, a wholly owned subsidiary of Fijian Holdings Limited. Their role is to make sound investment decisions and responsibly manage the Trust.

PRODUCT SPECIFICATIONS
As at 30th June 2008, the FHUT had the following product specifications:

FUND DETAILS
Fund Name Fijian Holdings Unit Trust (FHUT)
Fund Type Income and Growth
Fund Launched 27th April 2001
Financial Year Ending 30th June
DISTRIBUTION
Dividend Register Closure (30 June & 31 December)
Dividend Distribution 6 monthly (31st January & 31st July)
INVESTMENTS REQUIREMENTS
Minimum Initial Entry Amount 500 units
Thereafter Any amount
Maximum Amount Unlimited
Minimum Investment Period None
FEES (Detailed explanation is disclosed in the Prospectus)
Entry Fees 5.00%
Exit Fees Nil
Management Fees 1.5%
Trustees Fees
Fixed fee of $32,000 VIP until portfolio reaches $35 million or 0.125 % of the total value of Trust Property when it exceeds $35 million.
STRUCTURE  
Manager of the Fund Limited (FHTML) Fijian Holdings Trust Management
Trustee of the Fund Guardian Trustees Limited (GTL)

What returns can I expect?
Fijian Holdings Unit Trust has an objective to distribute dividends at least twice a year. The investment returns for Fijian Holdings Unit Trust is derived from investments that are spread over equities (shares in companies), fixed income investment such as bonds and short-term instruments such as On-Call deposits. It is important to note that dividends of Fijian Holdings Unit Trust are not guaranteed. The latest FHUT Annual Report is available for viewing.
Can I Invest?
Fijian Holdings Unit Trust is open to all Fiji residents and non-residents investors which includes:
  • Individuals
  • Groups, Institutions, Corporate Bodies, Clubs or Family Companies, etc
  • Minors [Below 18 years] will require a Trustee to act on his or her behalf.
How to Invest?

You are advised to read the Fijian Holdings Unit Trust Prospectus prior to making a decision to invest.   

The entry and exit prices can be obtained from our representatives as this is calculated fortnightly.
If you require information, please contact our licensed Fijian Holdings Unit Trust Representatives:
91 Gordon Street, Suva, PO Box 2110
Government Buildings, Suva , Fiji.
Telephone: (679) 3311120/3317152
Facsimile: (679) 3317153,
Website: fhut@fijianholding.com.fj   
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