securities or other assets as payment in lieu of cash. The conditions and procedures must be clearly specified in the scheme. (4.3) Retirement fund (RMF) shall be an open-end fund only. (5) Increasing the
unitholders. (a) Decreasing minimum subscription (b) Increasing in channel of selling and redemption investment units (c) Increasing in selling agent (d) Increasing in frequency of (e) Decreasing
> Management of Mutual Fund > Conversion of a Closed-End to an Open-End fund Regulations SHARE : Detail Content Management of Mutual Fund 13. Conversion of a Closed-End to an Open-End fund (1) The conversion
announcement of the NAV and investment unit values of closed-end funds (5) Calculation and announcement of the NAV, offering and redemption prices of investment units of open-end funds. (6) Uses of decimal
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
NAV on the sale date. (2) Open-end mutual fund: 1) The increases shall be clearly specified in the scheme; 2) The increases shall not make the total investment unit value exceed the registered