collected from a mutual fund must specified in the schemes and the prospectus of the mutual fund. Authority of the SEC Fund managers Mutual fund performance measurement Preparation of financial reports of
integrity. The SEC also oversees regulatory compliance and enforces the governing laws to ensure that the capital market will be developed toward sustainable growth and generate positive impacts on the
prohibited.) The classification of the investment units shall be based on the following features: Classification Features Examples Class A Class B ( 1 ) F ees or expenses collected from the
ownership of the business. Positive gains of the company will also benefit the shareholders. However, the capital increase may cause a dilution effect on shareholders. Therefore, supervision of the program