. (2) In the case that the number of unitholders of a retail fund is less than 35 on any business day. 19.1.2 Open-end mutual fund (1) The number of the unitholders is less than the specified limit as
. (2) In the case that the number of unitholders of a retail fund is less than 35 on any business day. 19.1.2 Open-end mutual fund (1) The number of the unitholders is less than the specified limit as
offering, the mutual fund management company may offer for sale of the investment units in an amount exceeding the limit approved by the SEC, but not over 15% of the limit (greenshoe) and must be stated in
offering, the mutual fund management company may offer for sale of the investment units in an amount exceeding the limit approved by the SEC, but not over 15% of the limit (greenshoe) and must be stated in
approval for fund establishment may amend the scheme; (2) The mutual fund obtaining an auto-approval are not allowed for amendments the scheme before the IPO. Filing an application Methods in applying for
approval for fund establishment may amend the scheme; (2) The mutual fund obtaining an auto-approval are not allowed for amendments the scheme before the IPO. Filing an application Methods in applying for
of holding more than one-third of total outstanding units over one year) 4. Procedures for holding investment units over One-Third Limit 1. Limitations on unitholding over one-third of the total
of holding more than one-third of total outstanding units over one year) 4. Procedures for holding investment units over One-Third Limit 1. Limitations on unitholding over one-third of the total
application in accordance with the fast track rule must meet the prescribed criteria, for instance, during the past year, there is no record of being ordered to amend its financial statements or to explain or
investment limit in consistent with investment policy 4. Calculation and announcement of net asset values (NAV), investment units values, offering price and redemption price (3) Amendments to the scheme