Wednesday, July 2, 2008

ABN Amro MF launches Interval Fund-Series 2-Quarterly Plan

ABN Amro MF launches Interval Fund-Series 2-Quarterly Plan

ABN Amro Mutual Fund launched ABN Amro Interval Fund -Series 2- Quarterly Plan N. It is a debt-oriented fund. The interval period will be the 90th day from the date of allotment for the first time and subsequently 90th day from the date of allotment for the respective interval period. The primary objective of the scheme launched there under would be to seek to generate steady returns through investments made in a basket of fixed income securities, with a provision to offer liquidity at periodic interval.