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2882 — Cathay Financial Holding News Story

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Brief: Taiwan To Raise Maximum Net Asset Value Mutual Funds, ETFs, May Invest In A Single Equity

TAIPEI, April 24 (Reuters) - Taiwan's Financial Supervisory Commission (FSC) said late on Thursday,

TO RAISE MAXIMUM NET ASSET VALUE MUTUAL FUNDS, ETFS, MAY INVEST IN A SINGLE EQUITY FROM 10% TO 25%

THE RELAXED RULES WOULD ALLOW GREATER FLEXIBILITY IN FUND INVESTMENT STRATEGIES

Source text: [ID:]

Further company coverage: 2882.TW

 (Reporting by Faith Hung)

 ((faith.hung@thomsonreuters.com;))

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