Amendment of Prospectus
SEC-CGFD Notice • Securities and Exchange Commission Departments • Corporate Governance and Finance Department (CGFD) • Oct 24, 2014
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October 24, 2014 CORPORATE GOVERNANCE AND FINANCE DEPARTMENT SUN LIFE OF CANADA PROSPERITY BOND FUND, INC., registrant . AMENDMENT OF PROSPECTUS NOTICE Notice is hereby given that on October 24, 2014 an amended Registration Statement was filed with the Securities and Exchange Commission on behalf of SUN LIFE OF CANADA PROSPERITY BOND FUND, INC. to reflect the following amendments to its Registration Statement. SDAaTC Subject Original Proposed Amendments Par Value One Peso (P1.00) Par Value is One Centavo of Share (P0.01) The Board of Directors of the The Board of Directors of the Fund has the power Fund has the power to fix and to fix and determine the amount to be determine the amount to be reserved or provided for declaration and reserved or provided for payment of dividends from the Fund's declaration and payment of unrestricted retained earnings. The amount dividends from the Fund's of such dividends (either in cash, stock, unrestricted retained property or a combination of the earnings. The amount of foregoing) will depend on the Fund's profits, such dividends (either in cash, cash flows, capital expenditure, financial stock, property or a combination condition and other factors and will follow Dividends of the foregoing) will depend on SEC's guidelines on determining retained the Fund's profits, cash flows, earnings available for dividend declaration. capital expenditure, The existence of surplus profit financial condition and is a condition precedent before a dividend other factors. Cash dividends can be declared. The surplus profits or income and property dividends may must be a bonafide income founded upon actual be declared by the Board of earnings or profits. Actual earnings or profits Directors and no stockholder shall be the net income for the year based approval is required. Stock on the audited financial statements, adjusted dividends paid on the Offer for unrealized items, which are considered shares are subject to approval by not available for dividend declaration. Taking both the Board of Directors and into account the Fund's cash flows, capital the stockholders representing expenditure, investment objective and financial at least 2/3 of the outstanding condition, at least 10% of the actual capital stock of the Fund at a earnings or profits may be declared by stockholders' meeting called the Board of Directors as dividends. for such purpose. Automatic Depending on the dividend Dividends so declared will be automatically Reinvestment policy as approved by the Board, reinvested in additional shares on behalf of of Dividends dividends so declared can either the shareholders without sales charges at be automatically reinvested the NAVPS on the payment date established on behalf of the shareholders for such dividends. As such, shareholders or paid out directly realize their gains when shares are redeemed. to the shareholders. Shareholders may elect not to have dividends reinvested and receive payment in cash. Net of tax. Compliance with Data Privacy Act of 2012 (Republic Act No. 10173) The Fund requires all investors to expressly authorize the Fund to collect, process, use, destroy his/her personal and sensitive personal information and any information related to him/her and his/her account as well as its sharing, transfer and/or disclosure to any of the Fund's branches, subsidiaries, affiliates, agents and representatives, industry associations and 3rd Compliance None parties such as but not limited to outsourced with Data service providers, external auditors and local Privacy Act and foreign regulatory authorities in relation of 2012 to any matter including but not limited to those involving anti-money laundering and tax monitoring, review and reporting, statistical and risk analysis, provision of any products, service or offers made through mail/e-mail/fax/ SMS/telephone, customer satisfaction surveys, compliance with court and other lawful orders and requirements. The Fund further requires investors to hold the Funds and SLAMCI free and harmless from any liability that may arise from any transfer, disclosure, processing, collection, use, storage or destruction of said information. For purposes of compliance with the Foreign Account Tax Compliance Act (FATCA or Chapter 4 of the US Internal Revenue Code) particularly, Change in Circumstances (in compliance with the Foreign Account Tax Compliance Act also known as FATCA or Chapter 4 of the US Internal Revenue Code), the Fund required the investors to: (1) Notify the Fund in writing and provide the required details or documents within 30 days from a change of your circumstances. Change of circumstances means any change in the investor's circumstances which Foreign None results in the Fund being subject to tax Account Tax reporting and withholding requirements Compliance under local and/or foreign laws Act (FATCA) applicable to the investor or investor's property (such as the Foreign Account Tax Compliance Act.) There is a change of circumstances if there is a change in the investor's contact information, identification documents, place of residence, citizenship of the owner or beneficiary or other circumstances as defined under applicable laws; and (2) Failure to accomplish the foregoing gives the Fund the right to exercise any of the following: a) continue the account on the same terms and conditions; b) continue the investment on the same terms and conditions and deduct from it any amounts that the Fund has to withheld under the applicable laws; or c) terminate your account. The right to terminate the account will only be exercised after the investor have failed to provide the required information within thirty (30) days from written notice from the Fund and only after the Fund is unable to transfer your policy or take any steps other than termination in order to comply with applicable laws. The amendments were made for the information of the investing public and to comply with the Data Privacy Act of 2012 and Foreign Account Tax Compliance Act (FATCA). According to the paper/documents presented, the following are the directors/officers of the corporation: Name Position Citizenship Rizalina G. Mantaring Chairman & Director Filipino Ma. Karerina M. Casas President & Director Filipino Valeria N. Pama Director Filipino Oscar S. Reyes Independent Director Filipino Aleli Angela G. Quirino Independent Director Filipino Jemilyn S. Camania Corporate Secretary Filipino Maria Cecilia V. Soria Assistant Corp. Secretary Filipino Hong Thiam Ong (a.k.a. Raymond Ono) Treasurer Malaysian Conchitina D.L. Gregorio Chief Compliance Officer Filipino Said Amended Registration Statement and other papers/documents attached thereto are open to inspection by interested parties during business hours and copies thereof, photostatic or otherwise, shall be furnished to any party upon request at such fees as the Commission may prescribe. The Registration Statement dated February 12, 2015 may also be downloaded from www.sunlifefunds.com.ph. (SGD.) JUSTINA F. CALLANGAN Director Published in The Manila Times on March 21 and 23, 2015.
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