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Regulations

​​Management of Mutual Fund


10. Scheme amendment


(1) Amendments that are deemed approved by the SEC

​1. Beneficial to 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 in

​2. Comply with the SEC regulations.

​3. Correcting the misspelling of name

​4. Changing mutual fund supervisor

​​5. Reducing mutual fund fees or expenses

  

​(2) Amendments that might request an approval by the SEC.in which must not has significant impact to the mutual fund unitholders or must be beneficial to the mutual fund unitholders.

​1. Changing in terms and conditions on selling and redemption of investment units​

2. Multi-class

3. Changing on type of asset class and investment limit in consistent with investment policy

​4. Calculation and announcement of net asset values (NAV), investment units values, offering price and redemption price

 

(3) Amendments to the scheme according to a resolution of the mutual fund unitholders

In the case of special vote or majority vote that the number of  investment units held by the unitholders who vote for the resolution does not exceed 55% or 80% of the number of total units outstanding, th​e mutual fund management company shall submit all documents related to the request for votes,  and the counting of votes  to the fund supervisor to certify the vote results.​

For More Information

Investment Management Policy Department

Tel. +66 2263 6562