Aggressive growth funds: Similar to capital growth funds but with investments in aggressive shares that promise high returns – with higher risk. Generally suitable for high-risk investors.

Balanced funds: Tries to achieve three objectives: income, moderate capital appreciation and capital preservation. Invest across a broad spread of asset categories including shares, fixed-income securities and cash. Well-diversified and suitable for investors looking for reasonably safe investment where risk is relatively lower and average returns are produced.

Index-linked funds: Invest in a basket of shares that tracks a selected stock market index.

Bond funds: Invest only in fixed-income securities such as bonds and short-term money-market instruments. All bond funds are subject to interest rate risk and mostly to credit or default risk of the issuers.

Money-market funds: Invest only in short-term money-market instruments such as treasury bills, negotiable certificate of deposits and bankers acceptances, with maturity of less than 90 days. Since the funds invest in money-market instruments, the returns are generally more attractive compared to saving deposits.

Islamic funds: Managed according to Syariah principles; invest in shares and fixed-income securities excluding "non- halal" shares and interest-bearing money-market instruments.

Property trust funds: It is a specialised type of unit trust fund which differs from other unit trusts in that it invests mainly in real property rather than in securities. Property trusts may be listed on the KLSE. Listed funds are "closed-end" because they issue units only during the initial offer period and they will not repurchase units from unit holders. After the offer period, investors who wish to buy or sell units can only do so through a broker – in exactly the same way as buying and selling shares of any listed company. The price of units in a listed fund is therefore determined by demand and supply and not directly based on the net asset value of the fund, as in the case of an unlisted (open-end) fund.