directors can hold simultaneously in other companies, and should consider the effectiveness of directors who hold multiple board seats. The number of companies of which a person can simultaneously be a
comply with applicable law and standards. Guidelines 6.1.1 The board should be aware of and understand the nature and scope of the company’s principal and substantial risks and should approve the risk
mutual fund management company, the designated employee must hold a position which will not cause conflicts of interest concerning the fund management, or hold a position that assumes the highest
mutual fund management company, the designated employee must hold a position which will not cause conflicts of interest concerning the fund management, or hold a position that assumes the highest
specified by law, and at least two of whom having management experience at listed or securities firms. Expert board members each hold office for four-year term and upon completion of their term may be
specified by law, and at least two of whom having management experience at listed or securities firms. Expert board members each hold office for four-year term and upon completion of their term may be
results should be used to strengthen the effectiveness of the board. Principle 3.8 The board should ensure that the board and each individual director understand their roles and responsibilities, the nature
foreign exchange rate exposure must be fully hedged; 2. In the case that the mutual fund has the policy for distribution of return payment, the return payment must be straight forward and easy to understand
of and understand the status of the mutual fund after the amalgamation/merger: 4.1 U p-to-date investment portfolio; 4.2 A co mparative summary of key information and differences of the mutual
foreign exchange rate exposure must be fully hedged; 2. In the case that the mutual fund has the policy for distribution of return payment, the return payment must be straight forward and easy to understand