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Taxation Conditions | The Nikko AM SGD Investment Grade Corporate Bond ETF (the "Fund") on 7 November 2018 was approved under the Enhanced-Tier Fund Tax Incentive Scheme (hereinafter referred to as an "Enhanced-Tier Fund") by the Monetary Authority of Singapore under Section 13X of the Income Tax Act, Chapter 134 of Singapore. The effective date of the Fund as an Enhanced-Tier Fund was as of 20 August 2018. |
Taxation Conditions | The tax exemption status will be for the life of the Fund, provided the Fund continues to meet all conditions and terms under the Enhanced-Tier Fund Tax Incentive Scheme. |
Taxation Conditions | Dividend distributions made by the Fund to all holders will not attract Singapore withholding tax. |