assets 6.4 Mutual fund with a one-time investment strategy (Buy-and-Hold Funds) 6.5 Announcement of the NAV 6.1 Closed-end funds (1) Calculate the NAV and investment unit value at the end of every
assets 6.4 Mutual fund with a one-time investment strategy (Buy-and-Hold Funds) 6.5 Announcement of the NAV 6.1 Closed-end funds (1) Calculate the NAV and investment unit value at the end of every
capital increase may cause a dilution effect on shareholders. Therefore, supervision of the program must also take into account the protection of investors. Regulatory Suumary The criteria for approving
conflicts of interests effectively. (2) Where the person appointed as a fund manager is an employee of the mutual fund management company, the designated employee must hold a position which will not cause
conflicts of interests effectively. (2) Where the person appointed as a fund manager is an employee of the mutual fund management company, the designated employee must hold a position which will not cause
outstanding units over one year) Actions to be taken to comply with the “one-third" rule: Any person shall not hold investment units exceeding one-third of the total sold units of the mutual fund for longer
outstanding units over one year) Actions to be taken to comply with the “one-third" rule: Any person shall not hold investment units exceeding one-third of the total sold units of the mutual fund for longer
assets as debt repayment instead of cash. 2) I nclusion in the fund: The funds may continue to hold the assets provided that the assets can be invested in or held by the mutual fund; otherwise the
assets as debt repayment instead of cash. 2) I nclusion in the fund: The funds may continue to hold the assets provided that the assets can be invested in or held by the mutual fund; otherwise the
benefit of beneficiaries, according to terms set out in a trust instrument. A trustee of an infrastructure trust must hold a license granted by the SEC and be independent from the trust manager