New NFO - Mirae Asset Global Commodity Stocks Fund.
>> Saturday, June 28, 2008
Mirae Asset – Asia's Leading Asset Management Group has Launched India's First Global Commodity Stocks Fund NFO "Mirae Asset Global Commodity Stocks Fund"
v Investment Objective : The investment objective of the scheme is to generate long term capital appreciation through an actively managed portfolio
investing in equity and equity related securities of companies that are engaged in commodity and commodities related sectors/sub sectors/ industries, with at least 65% of the corpus invested overseas in Asia Pacific and Emerging Markets. There is no assurance or guarantee of returns.
v Asset Allocation : 65% - 100% : Asia Pacific and/or Emerging Markets Equities and Equity Related Securities (excluding Indian equities and equities related
v Investment Options : (a) Growth Option
v NFO Opens : 24th June, 2008
v Minimum Investment : Rs.5,000/- (multiples of Re. 1/- thereafter) Systematic Investment Plan (SIP): Rs. 1,000/- (multiples of Re.1/ - thereafter), minimum 6 installments (Monthly), Rs. 1,500/- (multiples of Re.1/- thereafter), minimum 4 installments (Quarterly).
v Entry Load : Regular Plan <>NIL
v Entry Load for SIP : 2.25%
v Exit Load : Regular Plan <>
v Exit Load for SIP : If redeemed within 12 months (365 Days) from the date of allotment : 1.00%
v NFO Closes : 23rd July, 2008
v Benchmark Index : MSCI Asia Pacific ex
Energy & Materials Index (10%) + BSE 200 (35%)
And also write ARN-1308 & Sub-Brokers Code as 1308
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