Dealing

SSI SUSTAINABLE COMPETITIVE ADVANTAGE FUND

28,025.55

-371.94 (-1.31%) Updated at 26/07/2021

Dealing

Period investment
Normal investment

WHAT IS SYSTEMATIC INVESTMENT PLAN (SIP)?

SIP is a periodical investment plan, in which investors will transfer a pre-determined capital amount (monthly or quarterly) to purchase fund shares.

BENEFIT OF SIF

Exemption of subscription fee
Maximize of long-term capital return
Maintain investment discipline
Investor’s average cost of investment per Fund Unit is lower than average selling price, regardless of the fluctuations of fund certificate price

Quarter	Price (NAV/Fund Unit)	Amount Invested	Number of Fund Certificates distributed
1	10,000	3,000,000	300
2	12,000	3,000,000	250
3	15,000	3,000,000	200
4	11,000	3,000,000	272.72
Total		12,000,000	1022.72

Investor’s average cost of investment per Fund Unit is: 12,000,000/1,022.72 = 11,733 VND/Fund Unit

Average Selling Price/Subscription Price= (10,000 + 12,000 + 15,000+ 11,000)/4 = 12,000

SIP OVERVIEW

INVESTMENT FREQUENCY	Monthly or Quarterly
MINIMUM INVESTMENT AMOUNT	Minimum VND 1 million per month or VND 3 million per quarter.
MINIMUM INVESTMENT DURATION	Minimum of 12 continuous payment period for monthly SIP or 4 continuous payment periods for quarterly SIP*
CUT-OFF TIME	17:00 on the 10th of each month (monthly SIP) or on the 10th of January, April, July and October (quarterly SIP).
DEALING DATE	Dealing date is the closest dealing date after the 10th of each month (monthly SIP) or on the 10th of January, April, July and October (quarterly SIP).

* If Investor discontinues SIP before the minimum investment duration, when selling the Fund units or switch to other funds, Investor shall pay an exit fee of 0.75% of the redemption amount or the switch-out amount in addition to the normal Redemption Fee/Switching Fee.

INVESTMENT GUIDE FOR FOREIGN INVESTORS

	INSTRUCTION	NOTES
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
STEP 3	Open an open-ended fund trading account	At SSI or any designated distributors of SSI-SCA.

SIP SUBSCRIPTION ORDER

	INSTRUCTION	NOTES
STEP 1	Transfer of SIP Subscription money from the Indirect Investment Capital Account	Monthly or quarterly. Make sure investment capital is transferred to the Fund’ designated account before 17:00 on the 10th of each month (monthly SIP) or on the 10th of January, April, July and October (quarterly SIP) Transfer Details: Beneficiary: SSISCA Bank account: in accordance to each Distributor’s At Bank: Standard Chartered Bank (Vietnam) Limited Transfer amount: The registered SIP subscription amount Description: [Investor Name][Open-ended Fund Account Number] buy SIP SSISCA
STEP 2	Complete SIP Subscription Form and submit to Distributor.	Before 15:00 on Day T-1
STEP 3	Receive transaction confirmation	Within 03 working days after Dealing Date (Day T)

FUND BANK ACCOUNT AT SUPERVISORY BANK

Investor transfers SIP investment capital to the bank account associated with the Distributor at which their open-ended fund trading account was registered.

	DISTRIBUTOR	ACCOUNT NUMBER
1	SSI	90275350212
2	SSIAM	90275350214
3	VCBS	90275350215
4	MAS	90275350220
5	FINCO	90275350223

INVESTMENT GUIDE FOR FOREIGN INVESTORS

	INSTRUCTION	NOTES
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
STEP 3	Open an open-ended fund trading account	At SSI or any designated distributors of SSI-SCA.

TRADING OVERVIEW

SUBSCRIPTION AMOUNT	Minimum VND 2 million
REDEMPTION	No minimum requirement
DEALING DATE	Every working day (Day T)
CUT-OFF TIME	14:59pm on Day T-1

DEALING INSTRUCTIONS

SUBSCRIPTION ORDER

	INSTRUCTION	NOTES
STEP 1	Transfer of Subscription money from the Indirect Investment Capital Account	Before 15:00 on Day T-1 Transfer Details: Recipient: SSISCA Bank account: in accordance to each Distributor’s At Bank: Standard Chartered Bank (Vietnam) Limited Transfer amount: The registered subscription amount Description: [Investor Name][Open-ended Fund Account Number] buy SSISCA
STEP 2	Complete Subscription Form and submit to Distributor.	Before 15:00 on Day T-1
STEP 3	Receive transaction confirmation	Within 03 working days after Dealing Date (Day T)

FUND BANK ACCOUNT AT SUPERVISORY BANK

Investor transfers investment capital to the bank account associated with the Distributor at which their open-ended fund trading account was registered.

	DISTRIBUTOR	ACCOUNT NUMBER	BENIFICIARY NAME AND BENIFICIARY BANK
1	SSI	90275350203	Benificiary name: SSISCA Benificiaty bank: Standard Chartered Bank (Vietnam) Limited
2	SSIAM	90275350205
3	VCBS	90275350204
4	ACBS	90275350206
5	HSC	90275350207
6	MBS	90275350208
7	VNDIRECT	90275350209
8	BVSC	90275350211
9	CSI	90275350216
10	FINCO	90275350218
11	MAS	90275350219
12	TVS	90575350221

REDEMPTION ORDER

	INSTRUCTION	NOTES
STEP 1	Complete Redemption Form and submit to Distributor	Before 15:00 on Day T-1
STEP 2	Receive Trading Confirmation	Within 03 working days after Dealing Date (Day T)
STEP 3	Receive Redemption Payment	To Investor’s Indirect Investment Capital Account within 05 working days after Dealing Date (Day T)

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.

Dealing

Dealing

Period investment

Normal investment

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