Trust in CIS


( Collective Investment Scheme )


A collective Investment Scheme (CIS) refers to a scheme that is authorized by SERC. The trustee is the legal representative assigned to safe keep fund assets of CIS.

Responsibilities :

  • Secure the cash or property of an individual or a group of individual.
  • Manage property in accordance with the governance agreement
  • Represent the legal ownership of investment property.
  • Reimbursement for the repurchase of fund units, payment of profits, dividends,
    interest or other dividends in accordance with the trust deed.
  • Supervise the investment decisions of the fund management company and ensure that the investments and loans authorized for fund are properly implemented.
  • Ensure that the calculation of net asset value, unit cost ,fund purchase price, return fund is made in accordance with applicable law and regulations.

Collective Investment Scheme: How it works

The Collective Investment Scheme (CIS) – an important source of financing for large development projects that raise money from investors to invest in specific projects, with the profits or benefits distributed back to the investors – is relatively new in Cambodia.

A fund management company, a trustee, a distribution company, and a fund administrator are all needed to run a CIS.
All the aforementioned key players must be companies licensed by the Securities and Exchange Regulator of Cambodia (SERC)
the Kingdom’s securities sector regulator.