Glossary Of Terms
Distribution agent
Defined as a capable entity operating in the fields of securities, finance, and banking, to be designated by the fund management company to distribute non-exclusive fund certificates subject to the Contract for distribution of fund certificates.
Fund Dividend
Defined as the Fund’s outstanding profits that are decided distribute, upon any valid costs and expenses having been deducted, by the General Meeting of Investors, in accordance with the Investors’ proportional ownership.
Fund unit
Defined as the Charter Capital which is divided into equal units with par value of VND10,000 per unit at its initial issue, each of which shall represent an equal proportion of profit and capital of the Fund.
Fund's Charter Capital
Defined as the total capital in cash, as recorded in initial public offering, contributed by all Investors.
Fund certificate
Means the securities issued by Fund Management company on behalf of Investment Fund, which certify lawful rights and benefits of investors with regard to the assets or capital of the Fund as counted in a proportion equal to the Fund’s unit contributed to the charter capital of Investment Fund by such Investors.
Fund's Charter
Defined as the charter, adopted by the investors at the General Meeting of Investors, to be prepared in accordance with the relevant regulations of the Vietnamese laws, for governing the organization and operation of the Fund.
Fund Representative Board
The board elected by the General Investors Meeting to act on their behalf to supervise the operations Fund, Fund Management Company and Fund’s supervisory bank.
Financial Year
A 12 (twelve) month period starting on 1 January and ending on 31 December of a calendar year. The first financial year shall be from the day on which the certificate for registration of establishment of a Fund is issued by the SSC to the end of 31 December of such year, unless the remaining period of the first financial year is under 3 (three) months, in which case the first financial year shall end on 31 December of the following calendar year.
General Investors Meeting
Defined as a regular or irregular general meeting of investors where investors are entitled to vote, to pass important matters relating to Investment Fund. It is the supreme power of Investment Fund.
HNX
Hanoi Stock Exchange.