FSC "will be implemented without public offering fund performance fees set an upper limit disruptions."

[Korea hyerin nine financial newspaper reporter] Finance Committee ahead of the IPO fund launched next month performance fees, performance fees and said it would set an upper limit be enforced without a hitch as planned.

23 days all the media were (FSC A) also decided not to introduce a scheme to set key performance fee cap limit the remuneration of fund managers received 'he said. FSC is initially greater than if you exceed the performance fee benchmark of performance fees contest Fund, which set the bar for performance fee cap announced a policy commitment to limit the remuneration of fund managers received.

This financial crisis has unravel called 'performance fee is capped as initially planned measures to be implemented without a hitch.

In addition, the day the same medium "performance fee conspiracy fund management fees and performance fees all agreed receivables as asset management autonomy 'said,' operational skills and regardless of index funds and exchange traded incorporated in market index funds and equity-linked funds, etc. performance fees are excluded from the public offering funds' he said.

FSC is' relevant agencies, but the industry experts and prepare a performance fee IPO fund best practices, etc. according to the month when the scheduled implementation of capital market law Act amendment along, not been decided now, as this report details, or confirm "the position He said the.

The performance fee is payable if the public offering fund managers to exceed the target return to good fund management and performance fees, if below refers to the type of fund that pays only basic maintenance.

Finance Committee meetings and through the Secretary of the Cabinet, as the amendment to the Capital Market Law Decree introduces a performance fee gist public offering funds Legislation passed the screening said it will launch in the next month.



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