What duty does the trustee of a unit trust NOT perform?

The trustee of a unit trust plays a crucial role in managing the trust's assets and ensuring compliance with relevant regulations. However, the specific duty of determining individual investor strategies falls outside the responsibilities of the trustee. Instead, the role of a trustee is to oversee the administration of the trust and manage the assets as a collective pool, rather than tailoring investment strategies for each individual investor.

Unit trusts typically distribute units to investors, who then share in the profits of the trust based on their ownership of those units. The investment decisions and strategies are generally determined by a fund manager, not the trustee. This clear division of responsibilities allows the trustee to focus on administration, compliance, and safeguarding the interests of all unit holders. Thus, the accurate understanding of the trustee's role is that it encompasses oversight and administration rather than personalized investment guidance for individual clients.