What does MILTF mean in STOCK EXCHANGE
The Mayban Index Linked Trust Fund (MILTF) is a low-risk, tax-efficient investment fund that tracks the performance of the FTSE Bursa Malaysia KLCI Index. It aims to provide investors with long-term capital growth and potential income from dividend payouts.
MILTF meaning in Stock Exchange in Business
MILTF mostly used in an acronym Stock Exchange in Category Business that means Mayban Index Linked Trust Fund
Shorthand: MILTF,
Full Form: Mayban Index Linked Trust Fund
For more information of "Mayban Index Linked Trust Fund", see the section below.
Essential Questions and Answers on Mayban Index Linked Trust Fund in "BUSINESS»STOCKEXCHANGE"
What is MILTF?
MILTF stands for the Mayban Index Linked Trust Fund. It is a low-risk, tax-efficient investment fund that tracks the performance of the FTSE Bursa Malaysia KLCI Index.
What is the aim of MILTF?
The aim of MILTF is to provide investors with long-term capital growth and potential income from dividend payouts.
What kind of risks does MILTF involve?
MILTF involves relatively low risks compared to other types of investments. It invests in stocks listed on FTSE Bursa Malaysia KLCI Index, which includes some of the largest and most liquid companies in Malaysia. As such, its portfolio is broadly diversified across various sectors and industries.
How can I invest in MILTF?
To invest in MILTF, an investor must first open an account with a participating financial institution or broker who offers access to public unit trust funds registered with the Securities Commission of Malaysia. Once you have an account set up, you will be able to make purchases through your broker or through the unit trust's website using either lump sum contribution or regular contribution plans.
Final Words:
The Mayban Index Linked Trust Fund (MILTF) provides an attractive option for investors looking for a low-risk, tax-efficient way to invest in stocks listed on FTSE Bursa Malaysia KLCI Index and potentially benefit from long term capital growth and dividends income.