Regulations Governing Securities Investment Trust Funds Article 10
A SITE offering a trust fund shall utilize the fund's assets in accordance with these Regulations and the provisions of the securities investment trust agreement, and except where otherwise provided by these Regulations or the FSC, shall comply with the following provisions:1. The SITE may not invest in non-listed or non-OTC-listed stocks or privately-placed securities.2. The SITE may not make loans or provide security, provided that a SITE that meets the requirements of Article 10-1 is not subject to this restriction.3. The SITE may not engage in securities margin transactions.4. The SITE may not engage in trading of securities or securities-related products between the various other funds, collective trust funds, discretionary accounts, or accounts for trading of securities with self-owned funds under the common management of the SITE, provided that this shall not apply in the case of cross-trades unintentionally occurring on a centralized securities exchange market or on Over-the-Counter Markets.5. The SITE may not invest in its own securities or in securities issued by any company that is an interested company relative to the SITE.6. The SITE may not use a fund to purchase the certificates of beneficial interest of that same fund, provided that this restriction shall not apply in the case of beneficiaries' requests for redemption of certificates of beneficial interest, or when certificates of beneficial interest are redeemed because of the discontinuance of all or some part of the fund.7. The SITE may not invest in structured interest rate products, with the exception of floating rate notes. However, this restriction shall not apply when structured interest rate products are a fund's principal investment vehicle and are so designated by the fund's name.8. The total amount invested by any fund in the stocks, corporate bonds, or financial bonds of any single listed or OTC-listed company may not exceed ten percent of the net asset value of the fund.9. The total amount invested by any fund in the shares of any single listed or OTC-listed company may not exceed ten percent of the total issued and outstanding shares of that company; the total amount invested by all funds under the common management of a SITE in the shares of any one listed or OTC-listed company may also not exceed ten percent of the total issued and outstanding shares of that company.10. The total amount invested by any fund in an underwriting of shares of any single listed or OTC-listed company may not exceed 3 percent of the total underwriting shares; the total amount invested by all funds under the common management of a SITE in any single underwriting may not exceed 10 percent of the total underwriting shares.11. The total amount invested by a fund in the certificates of beneficial interest of other funds may not exceed 20 percent of the first fund's total asset value, provided that this restriction shall not apply in the case of a fund of funds or passive exchange-traded funds under Article 37, paragraph 4.12. With the exception of passive exchange-traded funds under Article 37, paragraph 4, the total number of beneficial units of any single fund that may be invested in by any fund may not exceed 10 percent of the beneficial units already issued by the fund being invested in; the total number of beneficial units of any single fund that may be invested in by all funds under the common management of a SITE may not exceed 20 percent of the issued beneficial units of the fund being invested in.13. The total amount invested by a fund in the unsecured corporate bonds of any single company may not exceed ten percent of the unsecured corporate bonds issued by that company.14. The securities held by a fund may not be loaned to another person, provided that this restriction shall not apply given compliance with Article 14 and Article 14-1.15. Proxy forms for shareholders' meetings of an issuing company whose shares are purchased by a fund may not be sold or transferred.16. No fund may authorize stock trades by any single securities firm that exceed 30 percent of the total monetary value of the fund's stock trades in the given fiscal year. This provision shall not apply, however, to funds that have been established for less than one full fiscal year.17. The total amount any fund may invest in short-term bills and securities issued, guaranteed, or endorsed by any single company may not exceed ten percent of the fund's total asset value. However, this restriction does not apply to investments in beneficial certificates of funds.18. The total amount invested by a fund in the international financial institution bonds issued by any single international financial institution with FSC approval to issue such bonds within Taiwan may not exceed ten percent of the fund's net asset value, and may not exceed ten percent of the international financial institution bonds issued within Taiwan by the given international financial institution.19. The SITE may not engage in any improper trading activity and thereby affect the net asset value of a fund under its management.20. The SITE may not engage in any other act prohibited by the FSC.The term "various funds" in subparagraph 4 of the preceding paragraph and the term "all funds under the common management of a SITE" in subparagraphs 9, 10, and 12 include securities investment trust funds and futures trust funds publicly or privately offered by a SITE.The ceiling on the ratio of a SITE's use of a fund for investment in an underwritten stock shall be calculated by combining the amount of that investment with the shares of listed and OTC-listed companies of a similar type held to arrive at the total number of shares or total monetary amount; the amount of investment in depositary receipts shall be combined with the shares held in the issuing company of the depositary receipts, and the ceiling on the ratio of investment in that company similarly based on the combined figures for either monetary values or numbers of shares."Corporate bonds" as referred to in paragraph 1, subparagraphs 8 and 13 shall include common corporate bonds, convertible corporate bonds, exchangeable corporate bonds, and corporate bonds with warrants.
中文原文 證券投資信託基金管理辦法（931030訂定）第10條
證券投資信託事業募集基金，應依本辦法及證券投資信託契約之規定，運用基金資產，除本辦法或本會另有規定外，並應遵守下列規定：
一、不得投資於未上市、未上櫃股票或私募之有價證券。
二、不得為放款或提供擔保。
但符合第十條之一規定者，不在此限。
三、不得從事證券信用交易。
四、不得與本證券投資信託事業經理之其他各基金、共同信託基金、全權委託帳戶或自有資金買賣有價證券帳戶間為證券或證券相關商品交易行為。
但經由集中交易市場或證券商營業處所委託買賣成交，且非故意發生相對交易之結果者，不在此限。
五、不得投資於本證券投資信託事業或與本證券投資信託事業有利害關係之公司所發行之證券。
六、不得運用基金買入本基金之受益憑證。
但經受益人請求買回或因基金全部或一部不再存續而收回受益憑證者，不在此限。
七、除投資正向浮動利率債券外，不得投資於結構式利率商品。
但以投資於結構式利率商品為主要投資標的，並以此為名者，不在此限。
八、每一基金投資於任一上市或上櫃公司股票及公司債或金融債券之總金額，不得超過本基金淨資產價值之百分之十。
九、每一基金投資於任一上市或上櫃公司股票之股份總額，不得超過該公司已發行股份總數之百分之十；所經理之全部基金投資於任一上市或上櫃公司股票之股份總額，不得超過該公司已發行股份總數之百分之十。
十、每一基金投資於任一上市或上櫃公司承銷股票之總數，不得超過該次承銷總數之百分之三；所經理之全部基金投資同一次承銷股票之總數，不得超過該次承銷總數之百分之十。
十一、每一基金投資於基金受益憑證之總金額，不得超過本基金淨資產價值之百分之二十。
但組合型基金或符合第三十七條第四項規定之指數股票型基金，不在此限。
十二、除第三十七條第四項規定之指數股票型基金以外，每一基金投資於任一基金之受益權單位總數，不得超過被投資基金已發行受益權單位總數之百分之十；所經理之全部基金投資於任一基金之受益權單位總數，不得超過被投資基金已發行受益權單位總數之百分之二十。
十三、每一基金投資於任一公司所發行無擔保公司債之總額，不得超過該公司所發行無擔保公司債總額之百分之十。
十四、不得將基金持有之有價證券借予他人。
但符合第十四條及第十四條之一規定者，不在此限。
十五、不得轉讓或出售基金所購入股票發行公司股東會之委託書。
十六、每一基金委託單一證券商買賣股票金額，不得超過本基金當年度買賣股票總金額之百分之三十。
但基金成立未滿一個完整會計年度者，不在此限。
十七、每一基金投資於任一公司發行、保證或背書之短期票券及有價證券總金額，不得超過本基金淨資產價值之百分之十。
但投資於基金受益憑證者，不在此限。
十八、每一基金投資於任一經本會核准於我國境內募集發行之國際金融組織所發行之國際金融組織債券之總金額，不得超過本基金淨資產價值之百分之十，亦不得超過該國際金融組織於我國境內所發行國際金融組織債券總額之百分之十。
十九、不得從事不當交易行為而影響基金淨資產價值。
二十、不得為經本會規定之其他禁止事項。
前項第四款所稱各基金，第九款、第十款及第十二款所稱所經理之全部基金，包括證券投資信託事業募集或私募之證券投資信託基金及期貨信託基金。
證券投資信託事業運用基金投資承銷股票額度應與同種類上市上櫃公司股票之股份，合併計算總數額或總金額，以合併計算得投資之比率上限；投資存託憑證應與所持有該存託憑證發行公司發行之股票，合併計算總金額或總數額，以合併計算得投資之比率上限。
第一項第八款及第十三款所稱公司債應包括該公司所發行之普通公司債、轉換公司債、交換公司債及附認股權公司債等債券。
一、不得投資於未上市、未上櫃股票或私募之有價證券。
二、不得為放款或提供擔保。
但符合第十條之一規定者，不在此限。
三、不得從事證券信用交易。
四、不得與本證券投資信託事業經理之其他各基金、共同信託基金、全權委託帳戶或自有資金買賣有價證券帳戶間為證券或證券相關商品交易行為。
但經由集中交易市場或證券商營業處所委託買賣成交，且非故意發生相對交易之結果者，不在此限。
五、不得投資於本證券投資信託事業或與本證券投資信託事業有利害關係之公司所發行之證券。
六、不得運用基金買入本基金之受益憑證。
但經受益人請求買回或因基金全部或一部不再存續而收回受益憑證者，不在此限。
七、除投資正向浮動利率債券外，不得投資於結構式利率商品。
但以投資於結構式利率商品為主要投資標的，並以此為名者，不在此限。
八、每一基金投資於任一上市或上櫃公司股票及公司債或金融債券之總金額，不得超過本基金淨資產價值之百分之十。
九、每一基金投資於任一上市或上櫃公司股票之股份總額，不得超過該公司已發行股份總數之百分之十；所經理之全部基金投資於任一上市或上櫃公司股票之股份總額，不得超過該公司已發行股份總數之百分之十。
十、每一基金投資於任一上市或上櫃公司承銷股票之總數，不得超過該次承銷總數之百分之三；所經理之全部基金投資同一次承銷股票之總數，不得超過該次承銷總數之百分之十。
十一、每一基金投資於基金受益憑證之總金額，不得超過本基金淨資產價值之百分之二十。
但組合型基金或符合第三十七條第四項規定之指數股票型基金，不在此限。
十二、除第三十七條第四項規定之指數股票型基金以外，每一基金投資於任一基金之受益權單位總數，不得超過被投資基金已發行受益權單位總數之百分之十；所經理之全部基金投資於任一基金之受益權單位總數，不得超過被投資基金已發行受益權單位總數之百分之二十。
十三、每一基金投資於任一公司所發行無擔保公司債之總額，不得超過該公司所發行無擔保公司債總額之百分之十。
十四、不得將基金持有之有價證券借予他人。
但符合第十四條及第十四條之一規定者，不在此限。
十五、不得轉讓或出售基金所購入股票發行公司股東會之委託書。
十六、每一基金委託單一證券商買賣股票金額，不得超過本基金當年度買賣股票總金額之百分之三十。
但基金成立未滿一個完整會計年度者，不在此限。
十七、每一基金投資於任一公司發行、保證或背書之短期票券及有價證券總金額，不得超過本基金淨資產價值之百分之十。
但投資於基金受益憑證者，不在此限。
十八、每一基金投資於任一經本會核准於我國境內募集發行之國際金融組織所發行之國際金融組織債券之總金額，不得超過本基金淨資產價值之百分之十，亦不得超過該國際金融組織於我國境內所發行國際金融組織債券總額之百分之十。
十九、不得從事不當交易行為而影響基金淨資產價值。
二十、不得為經本會規定之其他禁止事項。
前項第四款所稱各基金，第九款、第十款及第十二款所稱所經理之全部基金，包括證券投資信託事業募集或私募之證券投資信託基金及期貨信託基金。
證券投資信託事業運用基金投資承銷股票額度應與同種類上市上櫃公司股票之股份，合併計算總數額或總金額，以合併計算得投資之比率上限；投資存託憑證應與所持有該存託憑證發行公司發行之股票，合併計算總金額或總數額，以合併計算得投資之比率上限。
第一項第八款及第十三款所稱公司債應包括該公司所發行之普通公司債、轉換公司債、交換公司債及附認股權公司債等債券。