Distribution of Profits and Expenses of ETFs.

I would like to ask: How are the distribution of profits and expenses of the ETF fund regulated?

According to Article 46 of Circular 98/2020/TT-BTC, the contents are regulated as follows:

  1. The Fund shall distribute profits to investors according to the provisions of Article 7 of this Circular.

  2. The expenses of the fund include the following items:

    a) Expenses as stipulated in Clauses 3 and 4 of Article 37 of this Circular;

    b) Expenses paid to fund founders;

    c) Expenses paid to the organization managing and operating the reference index.

  3. The costs for printing and issuing advertising publications shall be implemented according to the provisions of Clause 5, Article 37 of this Circular.

Respectfully!

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