action or to refrain from any action, in following cases: (1) The actual objective or substance of m anaging the mutual fund constitutes an avoidance of the provisions or the rules. (2) The management of
redemption payment in the form of securities or other assets or lieu of cash; (2) The objective of such redemption payment is to enable unitholders to purchase investment units of another fund under
• Mutual Fund Management ○ Advertising ○ Procedure for Incorrect Pricing ○ Procedure for the default by Issuer ○ Transaction with Connected Person ○ Liquidation ○ NAV Calculation
transactions vs. transactions with an outside party. Fairness of pricing and conditions for transactions: Fairness of pricing and other consideration determined by comparing various types of calculation methods
and ending dates in performing the duties, and a list of fund managers. (3) Organization of knowledge enhancement or training sessions for fund managers and related officers. (4) Calculation and
capital (calculation based on the par value); 3) Offering for sale at the price of the fund's NAV on the sale date. (2) Open-end mutual fund: 1) The increases shall be clearly specified in the scheme