HSBC Mutual Fund files an offer document with Sebi to launch HSBC Long Term Strategic Bond Fund. It is a 3-year close-ended debt scheme. The investment objective of the scheme is to provide reasonable income through a diversified portfolio of fixed income securities. HSBC Long Term Strategic Bond Fund offers regular and institutional option. The scheme has two sub-options dividend and growth option. Dividend option further offers dividend reinvestment and payout facility. Dividend shall be declared on a quarterly basis under dividend option for both the options i.e. regular and institutional option.
Wednesday, July 16, 2008
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