company may allow the unitholders to switch their investment units from one class to another. The procedure for the switching of classes must be clearly described in the scheme. (3) Seeking a resolution of
(FASB). Such financial statements must be audited and given opinions by authorized auditors in the countries where the investment units are offered. This information must be clearly specified in the
market and the dissolution procedure is the same as listed funds. (3) Retail investors may redeem ETF investment units with the mutual fund management company and the rules and procedures must be clearly
NAV on the sale date. (2) Open-end mutual fund: 1) The increases shall be clearly specified in the scheme; 2) The increases shall not make the total investment unit value exceed the registered
company may allow the unitholders to switch their investment units from one class to another. The procedure for the switching of classes must be clearly described in the scheme. (3) Seeking a resolution of
(FASB). Such financial statements must be audited and given opinions by authorized auditors in the countries where the investment units are offered. This information must be clearly specified in the
in subsequent orders – the company must clearly disclose terms and conditions of the securities (if there is any) and must disclose sufficient information for making an investment decision. The levels
even though on the disclosure date, EARTH had a liquidity issue and it did not appear clearly that EARTH would be able to raise fund for starting the coal mining as planned. Such acts are liable to
education, experience, investment goals, investment conditions and restrictions. It is important for investment consultants to exercise due care and clearly explain risk factors involved in mutual fund
in the Thai capital market under certain limitations and clearly defined conditions. In this regard, the SEC Board would have the power to exempt businesses with certain characteristics from being