Services > Fund Manager Code of Conduct (“FMCC”) Independent Valuation Review Report

According to the Fund Manager Code of Conduct (“FMCC”) issued by The Securities and Futures Commission(“SFC”) of Hong Kong, which came into effect on November 2018, section 5.3.7 of the FMCC requires that a Fund Manager’s valuation policies, procedures and processes should be periodically reviewed (at least annually) by a competent and functionally-independent party (the “Valuation Review Report”).

Our Valuation Review Report should include:

1. Review whether appropriate policies, procedures and processes are established so that a proper and INDEPENDENT VALUATION of the funds assets can are performed, in line with section 5.3.1 to 5.3.7 of the FMCC.

2. Testing the Valuation Procedures and Results by which fund assets are valued.