English (United States) Limitations on Unit holding × Home > Laws/Regulations > Regulations > Mutual
disclosed in the filing. The buyers of the units shall settle unit subscription in cash or cash-equivalence. The number of units allocated to any persons or a group of the associated persons shall not be over
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
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
-end funds (1) Calculate the NAV and investment unit value at the end of every business day. (2) Announcement the NAV and investment unit value: (2.1) For mutual fund which investment units are
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
Investment categories Key features Fund unit holding Acquisition/disposal of assets/execution or amendment of contracts/ and transactions with related parties Distribution of dividends Valuation of
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