individual, in particular tax privilege; and (iii) any person or group of persons will not be allowed to dominate mutual fund management.Key proposed revisions require retail fund and money market fund to
Re: Guidelines for the Book Building and the Determination of Offering Price to Public and Individual
principle of widespread distribution to general subscribers without specific allocation to any particular individual (cherry picking), and must not be an arbitrage in evasion of regulatory compliance
funds), excluding equity funds. The amendments aim to ensure proper unit allocation and prevent any undue benefit by any particular individual. For example, the revisions require any person or group of
Registration of Pool of Assets as Mutual Fund and Amendment to Registered Particular (No. 2)
Re: Guidelines for the Book Building and the Determination of Offering Price to Public and Individual (No. 2)
percent of the total units sold for any particular person to prevent any individual from having majority control over scheme?s policy, which is more relaxed than traditional property fund in which any
company reports on top 20 securities with the most active volumes traded by all customers or top 10 securities with the most active volumes traded by individual customers over the past week, in case that
plans for each measure, as follows: Quality Demand: (1) Cultivate long-term investment culture through individual investment accounts to enable investors to convert their savings into long-term