English (United States) Limitations on Unit holding × Home > Laws/Regulations > Regulations > Mutual
capital (1) Closed-end mutual fund: 1) The increases shall be specified in the scheme before the IPO; 2) The increases shall not make the total investment unit value exceed the registered scheme
the fund establishment. (2) The calculation for the number of investment units (2.1) Fix the investment unit value and price as specified in the scheme; (2.2) Calculate the NAV and investment unit
the IPO; 2) The increases shall not make the total investment unit value exceed the registered scheme capital (calculation based on the par value); 3) Offering for sale at the price of the fund's
increase authorized share capital shall be announced on the day of selling the investment units. 6.2 Open-end funds (1) Calculate the NAV and investment unit value at the end of every business day. (2
investment unit value as of the business day before selling the investment units to increase authorized share capital shall be announced on the day of selling the investment units. 6.2 Open-end funds (1
the investment unit value and price as specified in the scheme; (2.2) Calculate the NAV and investment unit values using a fair price. The value per investment unit shall be rounded up to a minimum 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
country funds: (1) Calculation and announcement of the NAV, investment unit values, as well as uses of number of decimal digits; (2) Announcement of dividend payment; (3) Dissolution of funds. Authority of