offshore fund

The offshore fund institution shall draw up and sign a personnel training program with its master agent.

"Cherrypicking" is a fundamental concern of investors in any offshore fund that co-invests with an onshore fund.

Article 14 On each business day, a master agent shall publish the net asset value per unit of each offshore fund represented by it.

However, onshore fund managers believe it is too late to enact any meaningful protection against competition from offshore fund managers.

An offshore fund is registered in one country but sponsored by the overseas funding company.

Documents evidencing compliance with the qualifications for a master agent of an offshore fund set out in Article 9 hereof;

The method of notification by the offshore fund institution regarding information which needs to be reported or announced;

The total value of the offshore fund's open long positions in derivatives may not exceed 15 percent of the fund's net asset value;

Acting as the agent for service of process and all document correspondence of the offshore fund institution in Taiwan;

Any suspension or resumption of transactions of an offshore fund represented by the master agent;

The rights, obligations, and responsibilities of the offshore fund institution;

Investors pay and receive funds directly to and from an offshore account designated by the offshore fund institution;

Document evidencing the credit rating of the custodian institution of the offshore fund(s);

Rights, obligations, and duties of the master agent and the offshore fund institution;

Increase in the remuneration of the offshore fund manager or the custodian institution;

The System Risk is The Bottle-Neck of Chinese Offshore Fund

The offshore fund may not be denominated in New Taiwan Dollars or Renminbi;