PRIMARY TRANSACTION

   In Kind –Independently prepare stock basket by investor

Step 1: Purchase the component securities  

Investor/MAS must own component securities and satisfy the requirements on weighting and quantity of component securities for one Creation Unit as announced by MAFM on the day of creation (before 9:00 am daily).

Step 2:  Creation order and money transfer

Completing the required documents:

Investor fulfill the Creation Orders and required documents, sign and submit to MAS on the day of creation (day T):

• Creation Orders: Investor fill in the desired number of creation lots
• List of Component Securities and Securities confirmation request:  Investor requests the Depository Member to freeze and approve the ownership transfer of component securities corresponding to the number of creation lots registered to buy.

The Depository member confirms that the component securities has been frozen at the request of the investor.   

Investor completes "List of Component Securities" and “Securities confirmation request", and sends to MAS.

All documents need to be completed and submitted to MAS before the closing time of the order book at 14:30 – On day T.

Cash component payment transfer guide:

Investor transfers the cash component to the ETF fund's account before 11:00 am on T+1.

The cash component includes (i) the spread in value of the basket of component securities and the creation price of a Creation Unit., and (ii) the value of the component securities restricted from investment by the investors in accordance with the current law;

Step 3:  Ownership of underlying stocks  

VSD freezes component securities that the investor has registered from the trading date (T) to the payment date (T+1) for allocation.

Step 4: ETF share issued to Investor:  4pm - T+1.

MAFM buys the component securities restricted from investment for investors within 7 working days after confirming the ETF creation order and settled with investors/MAS within the next 3 working days.

 

    In cash-Purchase stock Basket on Behalf by MAS

Step 1:  Securities Purchase Agreement

Investors and MAS negotiate and sign the Securities Purchase Agreement (SPA)

Step 2: Deposit

Investor deposits as capital contribution requirement to MAS before MAS proceeds to buy the component securities for investors

Step 3: Purchase

MAS purchases the component securities corresponding to the number of ETF creation units requested by investors in SPA, then completes the purchase documents and transfers component cash to the Fund's account before 11:00 am on T+1.

Step 4: Ownership of underlying stocks

VSD freezes component securities that MAS has registered from the trading date (T) to the payment date (T+1) for allocation

Step 5: ETF share issued to MAS

MAFM purchase the investment restricted securities components within 7 working days after ETF share is allocated and settles within the next 3 working days.

Step 6:  Transfer ETF to Investors (after listing)

Via a put through order on HOSE.
MAS transfer back the deposit to the investor after the transaction completed (as prescribed in SPA)

Basket of component securities update HERE  

   SECONDARY INVESTMENT

MAFM VN30 ETF Certificate is listed on HSX. Investors can trade listed ETF Certificates on the Stock Exchange.
Investors/ Authorized Participants must place a trading order from their own securities trading account. Trading and settlement must be implemented in accordance with the regulations on securities trading issued by Stock Exchange and VSD.
The trading unit shall be as regulated by Stock Exchange where the MAFM VN30 ETF certificates are listed.

Exchange	Ho Chi Minh City Stock Exchange (HSX)
Ticker	FUEMAV30
Transaction type	MP/LO
Transaction date	Daily