SEC has amended the procedure to make it easier for asset management companies to seek a unitholders’ resolution to revise or modify a mutual fund project and its management procedure by
SCB ASSET MANAGEMENT COMPANY LIMITED|Specific Fund | Offering Date : 20/07/2009 - 27/07/2009
Registration of Pool of Assets as Mutual Fund and Amendment to Registered Particular (No. 2)
ensure proper information disclosure by mutual funds investing in securities or other instruments of listed firms in any specific industry (sector fund) that may involve higher risks and price volatility
serve specific investment purpose or to be suitable for particular targeted investors. Meanwhile, much importance should be placed on the quality of sellers, operating systems and advice given to
principle of widespread distribution to general subscribers without specific allocation to any particular individual (cherry picking), and must not be an arbitrage in evasion of regulatory compliance
been a change in the necessary circumstances as provided in the first paragraph, the Minister upon the recommendation of the SEC may modify or change the conditions already specified.
information owner give other user the right to reach or modify his information such as share file etc., it shall give the right for specific person or specific group only and cancel such right when there is no