Since when unit trust investment is "protected"?

Since when unit trust investment is low risk?

Unit trust uses the money to invest in stock market, bonds etc, so if stock market or bond is high risk, then so does UT.

I don't know how any law can be draft to "protect" UT investor.

It is based on willingness of buyer/investor in the first place.

There is always good good fund manager as well as bad fund manager.

So as investor, you need to choose a good fund to invest.

No fund is guarantee your principal nor any return rate. (don't need to look at how prospectus stated previous return got how many or not, as history never guide nor guarantee how future will be)

It is just merely you give your money to fund manager, and fund manager use your money to invest into stock market, bonds etc. Whether it will be making profit or loss, it depends what the fund manager has invested, on top of that, fund manager charge you a % of the money as management fee.

This is a simple process.

It is willing buyer (investor), willing seller (fund manager).