ABN Amro Mutual Fund launches ABN Amro FTP - Series 10 Plan E

ABN Amro MF launches ABN Amro FTP - Series 10 Plan E


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Name of Fund: ABN Amro Fixed Term Plan - Series 10 Plan E

Scheme: A close-ended Fixed Term Income scheme with no assured returns.

Objective: The Investment objective of the Scheme would be to achieve growth of capital through investments made in a basket of fixed income securities in line with the duration the Scheme.

Fund Opens: 27 February 2008

Fund Closes: 4 March 2008

Face Value: Rs 10 per unit.

Investment Options: The scheme offers growth, dividend option (Calendar Monthly, Calendar Quarterly, Calendar Half Yearly, Calendar Yearly, and Dividend on Maturity Option).

The Dividend Option offers Dividend Payout and Dividend Re-investment Facilities. Both the Options will be managed with a common portfolio.

Entry Load: The scheme will not charge any entry load.

Exit load: 2% if investor redeems before the date of maturity.

Asset Allocation: The scheme invest 0-100% in money market instruments. It may have investment of 0-100% in debt instruments. Debt instruments may include securitised debt upto 60% of the net assets & exposure in debt derivatives upto maximum permissible under SEBI regulations i.e. 100%. The Scheme shall limit its exposure to investment in Foreign Debt Securities upto a maximum of 10% of its net assets. The Scheme will not invest in equity and equity related securities.

Minimum Investment Amount: The minimum investment amount under regular plan is Rs 25000 and in multiple of Re 1 thereafter. Under institutional plan, the minimum investment amount is Rs 25,00,000 and in multiple of Re 1 thereafter. There is no upper limit.

Benchmark Index: Crisil Short Term Bond Fund Index.

Fund Manager: Mr. Alok Singh for investment in Indian Securities and Mr. R. Sivakumar Dedicated Fund Manager- Overseas Investments.

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