X hits on this document

PDF document

kodex200_2.pdf - page 42 / 48

110 views

0 shares

0 downloads

0 comments

42 / 48

Participant or the distributor.

  • The Prospectus and change in the net asset value per share are available for inspection and copying at the Asset Management Association of Korea or its website (www.amak.or.kr).

  • II.

    Public Notice

    • 1.

      Regular Public Notice and Reports

  • The asset manager must prepare business reports of the investment assets consisting of the following statements in the form prescribed by the Financial Supervisory Commission and submit them to the Financial Supervisory Commission and the Asset Management Association of Korea by the 20th day of the end of each quarter:

¾ Status of creation of Funds or changes in capital; ¾ Management of investment assets and net asset value per share; and ¾ voting rights exercised by companies who must be notified of their voting

rights under Article 80(2) of the Enforcement Decree under the Indirect Investment Asst Management Business Act (“IIAMBA”) (if the companies have not exercised their voting rights, the reason must be stated).

  • Upon close of the audit on the Fund assets, the auditor must prepare an audit report stating the following and promptly submit the report to the asst manager, which must, in turn, submit the report to the Financial Supervisory Commission, the Asset Management Association of Korea, the distributor/the Authorized Participant, the trustee or the custodian. ¾ Balance sheet ¾ Income statement ¾ Calculation of the net asset value per share ¾ Statements of transactions with interested parties.

  • The asset manager must prepare and provide a fund management report and, after confirmation from the trustee or the custodian, provide it to the investors of the indirect investment vehicle at least once every three months, provided that such report need not be provided if the investor changes frequently, there is no threat of harm to the investors and it is so permitted in the Presidential Decree.

  • The asset manager must send the Fund management report under Article 121(1) of the IIAMBA through the Distributor, but may send it by e-mail if the investor so requests.

  • The trustee prepares and provides a trustee report as set forth in Article 123 of the IIAMBA to the shareholders within two months of the end of each accounting period.

  • The trustee report is sent by mail through the distributor/Authorized Participant to the shareholders, unless required otherwise by the applicable laws and regulations.

42

Document info
Document views110
Page views111
Page last viewedFri Dec 02 22:34:23 UTC 2016
Pages48
Paragraphs2058
Words16313

Comments