or a third party’s benefit ¾ Misrepresentation or representation that may mislead the public in material
respects ¾ Other acts prohibited by decrees that may harm investors
The distributor’s officers and employees are bound by the Distribution Rules.
The distributor may not use information about the assets of the indirect investment securities for distribution of its own assets or other indirect investment securities distributed by the Distributor.
The asset manager may not use information about indirect investors gained in the course of the distributor’s distribution of indirect investment securities per Article 55 of the IIAMBA for sale of indirect investment securities under Article 4(3) of the IIAMBA.
Officers and employees of the distributor must receive training pursuant to the enforcement decrees of the IIAMBA.
The Asset Management Association of Korea may formulate standard distribution
rules for distributors pursuant to Article 57(1) of the IIAMBA
Overview of the Trustee
Name: Hong Kong And Shanghai Banking Corporation Limited, Seoul Branch
Address: 25, Bongnae dong 1ga, Chung-gu, Seoul
Merged Midland 200
Opened Samsung-Dong Branch
Opened Apgujung-Dong Branch
Opened Bundang Branch and Seocho Branch
Opened Bangbae-Dong Branch
Maintenance and management of trust fund assets
Acquisition and disposal of assets per the asset manager’s instructions
Payment of redemption price and proceeds per the asset manager’s instructions
Monitoring of the asset manger’s asset management instructions