fees and expenses; (14) dissolution of mutual fund. Clause 4 The particular on the specific characteristics of mutual fund shall contain summarized details of mutual fund as follows: (1) name of the

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

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

serve specific investment purpose or to be suitable for particular targeted investors. Meanwhile, much importance should be placed on the quality of sellers, operating systems and advice given to

authorities. In particular, new emphasis is placed on the quality of supervision and enforcement. The chapter also includes a new principle on the role of stock markets in supporting good corporate governance

particular markets or where holdings are below a certain scale threshold, this should be clearly disclosed to clients or beneficiaries. Voting is not an end in itself but an essential means of ensuring that

from taking certain actions. Examples of the covenants include a. prohibition on the payment of dividends if certain conditions are met in order to prevent depletion of the issuer’s funds that are

services through business operators in the host country, prohibition of giving advice to particular customers and soliciting for sales of the capital market products. Each ACMF member may issue additional

assets, including government or corporate bonds and deposits. The asset management companies might offer investors certain options on terms and payout periods or allowed them to customize their own

specify mutual fund?s NAV based on fair price, none of asset management company has done so owing to the fact that no one is certain as to which price could be appropriate, revealed SEC Secretary-General