i. Unit trust: A unit trust is an investment scheme managed by an appointed manager who arranges for the participation of the public as beneficiaries under the trust investment. Unit trusts allow for collective investment where funds from numerous investors are pooled together and invested in various securities, with returns distributed to the unit holders according to their investment.

ii. Original trustee: An original trustee is the person appointed at the inception or creation of the trust. Additional trustees may be appointed to join the original trustee, and new trustees can also be appointed if an original trustee retires or is removed from office.