Investment Guide

ETF INVESTMENT INSTRUCTION

Investor can invest in ETF by placing creation/redemption order at the fund’s Authorized Participants of SSIAM VNX50 ETF, SSIAM VNFIN LEAD ETF and SSIAM VN30 ETF or buy/sell ETF in secondary market through the stock exchange.

PRIMARY TRADING

CREATION ORDER

Investors purchase the component securities portfolio at least 3 working days in advance from the Trading Date. View information on the component securities portfolio of the SSIAM VNX50 ETF; SSIAM VNFIN LEAD ETF and SSIAM VN30 ETF.
Fill out the trading order information in the forms below and submit it to the Authorized Participants before 2:40 p.m.
- Exchange Trading Order .
- List of Component Securities for exchange trading .
- The document confirming the balance and confirming the blockade of the Depository Member where the Investor opens the depository account, which confirms that the Investor has sufficient balance of the Component Securities used to perform the exchange trading and the amount of Component Securities used to perform this exchange trading transaction has been blocked by the Depository Member from the Exchange Trading Date to the end of the Settlement Date.
- Announce the exchange-traded securities substituted by cash.
Transfer the cash (if any) to the account of ETF SSIAM VNX50; ETF SSIAM VNFIN LEAD orETF SSIAM VN30 at Supervisory Bank before 11 a.m date T+1.
Transaction confirmation will be sent to Investor within two (02) working days from the date of exchange tradedtransaction (T day)

REDEMPTION ORDER

Fill out the trading order information in the forms below and submit it to the Authorized Participants before 2:40 p.m.
- Exchange Trading Order .
- List of Component Securities for exchange trading .
- The document confirming the balance and confirming the blockade of the Depository Member where the Investor opens the depository account, which confirms that the Investor has sufficient balance of the Component Securities used to perform the exchange trading and the amount of Component Securities used to perform this exchange trading transaction has been blocked by the Depository Member from the Exchange Trading Date to the end of the Settlement Date.
Transaction confirmation will be sent to investors within two (02) working days from the transaction date.
The component securities portfolio will be transferred to the Investor's securities account at the Authorized Participants within 01 working day from the Exchange Transaction Date.
The cash difference (if any) will be transferred to the Investor's bank account according to the information registered on the Exchange Traded Order Form within 03 working days from the Exchange Trading Transaction Date.

A CREATION UNIT	01 creation unit (equivalent to 100,000 Fund units)
Minimum account balance requirement for Authorized Participant 1 lot of fund certificates	01 creation unit

SECONDARY TRADING

SSIAM VNX50 ETF, SSIAM VNFIN LEAD ETF and SSIAM VN30 ETF Certificate is listed on HSX with ticker FUESSV50, FUESSVFL, FUESSV30. Investors can trade listed ETF Certificates on the Stock Exchange.
Investors/ Authorized Participants place trading orders using their securities trading account at securities company. Trading and settlement shall be done in accordance with the regulations of securities trading issued by Stock Exchange and VSD.
The trading unit shall be as regulated by Stock Exchange where the ETF certificates are listed.

TAXES APPLIED FOR FOREIGN INVESTORS

Investors	Tax on Investor arising from
	Dividend payment	Redemption Fund Unit	Gift/Inheritance
Residential individuals	5%	0.1% of transaction value (1)	10% of securities value higher than VND 10 million
Non-residential individuals	5% (1)(2)	0.1% of transaction value (1)	10% of securities value higher than VND 10 million
Foreign Institutions	- Exempt if distributed dividend are after tax-profit - 22% from 1/1/2014 and 20% from 1/1/2016 if tax-profit has not been deducted (1)	0.1% of transaction value (1)	0.1% of transaction value (1)(3)

(1) Tax withheld at source.

(2) An individual is not required to pay personal income tax when receiving dividend of stocks/fund units but shall pay the income tax for capital investment and securities transfer when transferring these stocks (Point d, Clause 2, Article 11 Circular 111).

(3) There is no specific regulation on taxation of foreign institutional investors receiving gift/inheritance in the form of securities. However, giving gift/inheritance shall result in the transaction of securities transfer. Under the Decision 218, tax rate of 0.1% of the securities transfer value shall be applied. Accordingly, Investors may have to pay for the tax rate of 0.1% transaction values when receiving gift/inheritance.

PREPARATION FOR FOREIGN INVESTORS

STEP 1: Apply for Securities Trading Code: Application submitted to Vietnam Securities Depository (VSD) – contact SSI Securities Corporation (SSI) for assistance.
STEP 2: Open Foreign Indirect Investment Capital Account: Application submitted to any commercial banks in Vietnam.

OPEN AN OPEN-ENDED FUND TRADING ACCOUNT

Investor can open an open-ended fund trading account any designated distributors of SSIAM for SSI-SCA, SSIBF and VLGF..

Investor	Documents provided by customer	Documents provided by distributor
Individual	Notarized or authenticated valid power of attorney (if any) Notarized copy of ID card/Passport of the Investor and authorized person (if any) or a copy that is compared with the original by the Distributors. Certificate from the bank on the opening of a share capital contribution account (CCA) or indirect investment capital account (for foreign investors) Valid copy of Certificate of Transaction Code from Vietnam Securities Depository Center (for foreigners) FATCA forms (if applicable): example US Tax Return Form: Individual FATCA Form: W-8BEN or W9	Open-ended Fund Account Opening Application Form Online Trading Service Registration Form Investors fill in all information, sign and seal (for Institutional)
Institutional	Valid power of attorney (if any) A valid copy of the business registration certificate Institutional Investor Supplemental Information Form Valid copies of documents related to change of business registration information (if any) Valid copy of ID card/passport of legal representative A valid copy of the authorized person's ID/passport (if any) Certificate from the bank on the opening of a share capital contribution account (CCA) or indirect investment capital account (for foreign investors) Valid copy of Certificate of Trading Code from Vietnam Securities Depository Center (for foreign investors) FATCA forms (if available): example US Tax Return Form: FATCA form for organization: W-8BEN-E/W-8ECI/W-8IMY/W-8EXP or W9

Investor

Documents provided by customer

Documents provided by distributor

Individual

Notarized or authenticated valid power of attorney (if any)
Notarized copy of ID card/Passport of the Investor and authorized person (if any) or a copy that is compared with the original by the Distributors.
Certificate from the bank on the opening of a share capital contribution account (CCA) or indirect investment capital account (for foreign investors)
Valid copy of Certificate of Transaction Code from Vietnam Securities Depository Center (for foreigners)
FATCA forms (if applicable): example US Tax Return Form: Individual FATCA Form: W-8BEN or W9

Investors fill in all information, sign and seal (for Institutional)

Institutional

Valid power of attorney (if any)
A valid copy of the business registration certificate
Institutional Investor Supplemental Information Form
Valid copies of documents related to change of business registration information (if any)
Valid copy of ID card/passport of legal representative
A valid copy of the authorized person's ID/passport (if any)
Certificate from the bank on the opening of a share capital contribution account (CCA) or indirect investment capital account (for foreign investors)
Valid copy of Certificate of Trading Code from Vietnam Securities Depository Center (for foreign investors)
FATCA forms (if available): example US Tax Return Form: FATCA form for organization: W-8BEN-E/W-8ECI/W-8IMY/W-8EXP or W9

SUBSCRIPTION ORDER

Transactions at counters at Distributors

Investors fill in all information in the Fund Certificates Subscription Form and send it to the designated distributors to receive orders.
The Subscription Registration Form is sent to the Distributor together with a document confirming that the Investor has completed the payment to the Fund's account at the Custodian Bank. Funds for purchase of Fund Certificates may be transferred from a bank account in the Investor's name, the Investor's securities account at a Distribution Agent which is a securities company, or from the bank account of a legally authorized person. rate. In case the order to buy fund certificates and the payment for the buy order is made by an individual or organization other than the Investor, the Subscription Form and the document certifying the payment must clearly state the name, account number. open-ended fund certificate transactions and the investor's payment value. Transfer fee is paid by Investor.

Online trading

Investors activate online trading and place orders on website https://online.ssiam.com.vn

Invalid purchase transactions

The Subscription Form is sent to the Distributor/Investor places order on the online trading system after the Time of Closing the Order Book. In this case, the subscription order will be executed on the next Fund Certificate Trading Day.
Investors transfer money to buy fund certificates but do not submit the Subscription Form to buy fund certificates at Distributors/do not place orders on the online trading system. In this case, the Distributor will contact the Investor to complete the Subscription Form.
Until 17:00 of the working day immediately before the Fund Certificate Trading Day (Date T-1), the Fund does not receive payment from the Investor.
The subscription amount amount is lower than the minimum subscription amount as specified in the Prospectus.

Base on the subscription amount, investors transfer the money following below instruction:

Beneficiary Name:	SSI BOND FUND (SSIBF)	SSI SUSTAINABLE COMPETITIVE ADVANTAGE FUND (SSI-SCA)	VIETNAM LONG TERM GROWTH FUND (VLGF)
Account Number:	Investors transfer the money to the account of the Distrubutor where they open the account. Detail HERE.	Investors transfer the money to the account of the Distrubutor where they open the account. Detail HERE.	Investors transfer the money to the account of the Distrubutor where they open the account. Detail HERE.
Bank name:	Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) – Ha Thanh branch	Standard Chartered Bank (VN) Limited	Standard Chartered Bank (VN) Limited
Amount:	Subscription amount (VND)	Subscription amount (VND)	Subscription amount (VND)
Content:	[Investor's name] - [Open-ended Fund Name] – Buy SSIBF Example: Nguyễn Văn A – 988C123456 – Buy SSIBF	[Investor's name] - [Open-ended Fund Name] – Buy SSISCA Example: Nguyễn Văn A – 988C123456 – Buy SSISCA	[Investor's name] - [Open-ended Fund Name] – Buy VLGF Example: Nguyễn Văn A – 988C123456 – Buy VLGF

Complete the open account document

Investor send the documents to the Distributor, including:

Open-ended Fund Account Opening Application Form
Online Trading Service Registration Form
Subscription Form
Documents provided by customer as above instruction
Transfer request (Payment Authorization) certified by the Bank

The Distributors receives the application, checks the validity of the application, and registers the Investor's open fund certificate trading account.

Register to buy open-ended fund certificates for the next time

After the investor completes the registration to open an open fund certificate trading account and makes the first purchase, the investor registers to buy fund certificate for the next time.

Fill in the Registration Form to Buy/Sell/Transfer Fund Certificate, register to participate in the systematic investment program according to the form prescribed by the Fund Management Company and send it to the Distributor where the account is opened.
Payment for fund certificate purchase to the Fund's account at Supervisor Bank (Similar to first time purchase).

REDEMPTION ORDER

Transactions at counters at Distributors

Investors fill in all information in Redemption Order and send to the designated Distributor.
The redemption amount is paid from the Fund's account at the Custodian Bank within three (03) working days from the Transaction Date and the money will be transferred directly to the Investor's registered bank account. The Investor will bear the transfer costs, if any. Payments are only made in Vietnamese Dong
According to Vietnamese law, tax will be deducted from the payment value for the Investor's order to sell fund certificates based on the applicable tax rate in accordance with the Law. Tax is retained in the Fund's account at the Custodian Bank. The Fund Management Company can transfer this tax to the Fund Management Company's account to pay tax on behalf of the tax authority. In case the Investor has a request for a tax invoice (for tax finalization), the Fund Management Company will provide these documents to the Investor.
The Transfer Agent executes sell orders on a first-in, first-out (FIFO) basis for orders including SIP trading orders.

Online Trading

Investors activate online trading and place orders on website https://online.ssiam.com.vn

Invalid redemption order

The Redemption Form is sent to the Distributor/Investor places an order on the online trading system after the Time of Closing the Order Book. In this case, the sell order will be executed on the next Fund Certificate Trading Day.
The Redemption Form has a larger number of fund certificates registered for redemption than the number of fund certificates the Investor currently owns.

SWITCHING ORDER

Investors can register to switch a part or all of the Fund Certificates of one fund into another fund managed by SSIAM.
Principle of execution of switching orders: A sell order for converted fund certificates is executed first, then an order to buy fund certificates of the target fund is executed. Orders are executed at the Fund Certificate Trading Days of the respective funds.

TRANSFER ORDER

Investors please contact SSIAM for specific instructions when performing non-commercial transfer of fund certificates

The Transfer Agent is responsible for fully updating the Investor's ownership information after each transaction period in the main book and providing information to the Distributor to notify the Investor of the transaction confirmation within two (02) working days from the Fund Certificate Trading Date (T+2). In case the Investor does not register an email address, the Agent is responsible for providing transaction confirmation at the counter upon the Investor's request.

TAXES APPLIED TO FOREIGN INVESTORS

Investors	Tax on Investor arising from
	Dividend payment	Redemption Fund Unit	Gift/Inheritance
Residential individuals	5%	0.1% of transaction value (1)	10% of securities value higher than VND 10 million
Non-residential individuals	5% (1)(2)	0.1% of transaction value (1)	10% of securities value higher than VND 10 million
Foreign Institutions	- Exempt if distributed dividend are after tax-profit - 22% from 1/1/2014 and 20% from 1/1/2016 if tax-profit has not been deducted (1)	0.1% of transaction value (1)	0.1% of transaction value (1)(3)

(1) Tax withheld at source.

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ETFs

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