, the relevant fees or expenses. This is to enable investors to decide and select such investment in a mutual fund suitable to their need. (2) The mutual fund management company has duly proceeded to

securities or assets in which the mutual fund invests, risks relating to the investment, types of investment units, procedures for purchase and sale of investment units, the relevant fees or expenses. This is

resulting in 2018, has the depreciation amounting Baht 5.22 million, and physicians fees amounting Baht 42.65 million as high expenses, to keep a physicians in our business as continuously. Therefore

both domestic and international market and increase of agent commissions as selling through agents was higher as well as additional cost from ISO standards preparation which has been certified as ISO

Baht respectively. The expenses increased in line with the number of sales and marketing staff resulting to the increase of sales compensations and commissions. Administrative expenses For the year

distributions and administrative expenses was 33.79 million Baht, increasing from the same period of previous year which had 27.86 million Baht, the cost of distributions increase due to the agent commissions as

results not lower than Broadly Implemented or equivalent based on the Objectives and Principles of Securities Regulation of the International Organization of Securities Commissions (IOSCO) regarding

lower than Broadly Implemented or equivalent based on the Objectives and Principles of Securities Regulation of the International Organization of Securities Commissions (IOSCO) regarding supervisory

ใต้การกำกับดูแลของหน่วยงานกำกับดูแลต่างประเทศที่เป็นสมาชิก ของ International Organization of Securities Commissions (IOSCO) (2) มีวัตถุประสงค์ในการสร้างผลตอบแทนให้แก่ผู้ถือหน่วยในลักษณะที่แปรผัน โดยตรง

ETF operator are subject to supervision of foreign regulator which is a member of International Organization of Securities Commissions (IOSCO); (2) having objective to create return for unit holders