Document issuance date： July 27th , 2011
Document number：10060564100
Announcement：
I. New Addition－“Qualifications of Applicant Manager” in Subsection (I), Section I, Part G in the “Application Guidelines for Investment Manager Selection Fourth Batch Overseas Discretionary Investment of Labor Insurance Fund (2011).
To add Clause 5 for the “Qualifications of Applicant Manager” in Subsection (I) as below：
5. Each group only can apply for this open tender by one firm under the same group. If there are multiple applications from the same group, all applications will be deemed disqualified.
II. Amendment－Clause 8(e) in “Template Investment Management Agreement for Fourth Batch Overseas Discretionary Investment of Labor Insurance Fund (2011)”.
To amend the English version of the Clause 8(e) by adding the underlined part below (The Chinese version is unchanged):
8. REPORTING
(e)Either within thirty(30) business days of the MANAGER after each quarter or on demand by CLIENT, the MANAGER shall make a presentation or report to the CLIENT
in both English and Chinese, via video conference or in-person meeting, of the status of the investment of the FUND ASSETS, the valuation and expectations thereof, and any other related information as requested by the CLIENT. The MANAGER shall advise and provide to the CLIENT its investment strategy or proposals with respect to the FUND ASSETS, including proposals for diversification, divestment, asset concentration, asset allocation, etc.
III. Supplement for the Part D in “Request for Proposal for Fourth Batch Overseas Discretionary Investment of Labor Insurance Fund (2011)”. Regarding “D5 Proposed Product's historical monthly holding data”, please provide us the data in Excel format on a CD; it’s not required to submit D5 in hardcopy.
Financial Department
Bureau of Labor Insurance
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