interest of all employees of the same employer. In case of fund with multiple investment policies, the fund manager shall calculate the benefit of an employee upon termination of his membership from the
on prevention of conflicts of interest (“COI”) in managing a mutual fund as well as to monitor and oversee acts that may cause COI, unfair characteristic or cause unitholders to lose the interest that
from the interest of all employees of the same employer. In case of fund with multiple investment policies, the fund manager shall calculate the benefit of an employee upon termination of his membership
accordance with the rules prescribed in the fund’s articles. A fund may be established as a single fund or a pooled fund which may have one or multiple investment policies. Section 6. Upon agreement of the
and replaced by the following texts: “SECTION 13. Any commission member who has an interest in the matter to be considered, shall declare such interest and shall be prohibited from participating in such
manager shall make use of the employee’s savings and the employer’s contribution in accordance with the investment policy assigned by the employee. In cases where no investment policy has been assigned by
capital market and the execution of transactions related to the capital market are efficient, transparent and protect investors’ interest, and to accommodate changes in the capital market and the
arising from or related to its use. (1) treasury bills; (2) bonds; (3) bills; (4) shares; (5) debentures; (6) investment units which are instruments or evidence representing the rights to the property of a
its use. 2 (1) treasury bills; (2) bonds; (3) bills; (4) shares; (5) debentures; (6) investment units which are instruments or evidence representing the rights to the property of a mutual fund; (7
shall be entitled to proceed with the offering for sale of investment units to the public and to register the mutual fund in accordance with the law governing securities and exchange. At the time of the