proceeds thereform to invest in, or procure for profit from holding in, securities, derivative, or any other properties, or invest in or procure for profit by other means.” * Readers should be aware that

the management of investments under a mutual fund project by issuing investment units of each project for sale to the public and bringing proceeds thereform to invest in, or procure for profit from

thereform to invest in, or procure for profit from holding in, securities, derivative, or any other properties, or invest in or procure for profit by other means. "private fund management"2 means the

otherwise, the trust property shall be managed during such period in compliance with the following criteria: (1) in cases where the trustee resigns, the former trustee shall perform its duties until the trust

yet been appointed, unless the trust instrument provides otherwise, the trust property shall be managed during such period in compliance with the following criteria: (1) in cases where the trustee

company may invest in or holding the investment units of any other mutual fund which is managed by the same securities company only when it is clearly specified in the approved mutual fund project and the

yet been appointed, unless the trust instrument provides otherwise, the trust property shall be managed during such period in compliance with the following criteria: UNOFFICIAL 6 (1) in cases where the

matter. Section 13.2 The fund shall be managed by a person who is not the employer and is licensed to operate securities business in the category of private fund management under the law governing

The fund shall be managed by a person who is not the employer and is licensed to operate securities business in the category of private fund management under the law governing securities and exchange

management of the private fund without giving prior notice; (4) making a representation to the person authorizing the management of the private fund that there will be a profit or return at a certain rate or