PRINCIPAL ASSET MANAGEMENT COMPANY LIMITED|Feeder Fund | Offering Date : 19/02/2018 - 27/02/2018

(e.g., spouse, domestic partner, or dependent), or an entity managed by the employee (e.g., a trust): a. Holds or transacts in a trading instrument issued by the rated entity or obligor; b. Holds or

objectives that CRAs, regulators, rated entities, obligors, underwriters, arrangers, and other market participants should strive toward in order to improve investor protection and the fairness, efficiency and

rated for the issuance and offering for sale to institutional investors (II), ultra-high net worth investors (UHNW) and high net worth investors (HNW), unless the offering is in the form of private

approval fee. Meanwhile, potential issuers may have their credit rated and use the rating results as a guideline for enhancing their business practices. ?Bond is an efficient instrument for raising fund and

and total portfolio and a strong growth of both domestic and overseas subsidiaries. In addition, the Company efficiently managed the selling, general and administrative expense and funding cost. 2

from our subsidiary, the Special Purpose Vehicle project (SPV) and well-managed funding cost. However, finance cost in the third quarter of 2018 accounted for 10%. The average funding cost decreased from

-?assigning rates for instruments or businesses for the purpose of regional or international scale comparison or for those specified to be credit rated under SEC regulations. ?We expect to see more fund

the credit was not rated and found defects in consideration of important information or factors with respect to the issuer, and this affected its capability to repay the principal and pay interest

Tenor : 5 years Maturity Date : Within 2025 Interest Rate : 2.45% - 2.70% per annum Interest Payment Date : Semi-annually Credit rating : “AA" with a “Stable” outlook rated by TRIS Rating Co., Ltd. The