Tuesday, April 10, 2007

Change In The Scheme Name Of ABN AMRO MF

With effect from 9th April 2007, ABN Amro Mutual Fund has decided to change the name of ABN AMRO Long Term Floating Rate Fund to ABN AMRO Money Plus Fund due to changes in market conditions resulting into less liquidity for long term floating rate instruments and since the majority of the fund's portfolio is invested in short to medium term securities including money market instruments.No change will be made in the current asset allocation or any other feature of the fund. The investors who do not want to continue with the scheme, have been given an opportunity to exit the respective scheme without any exit load between 16th April-15th May, 2007.

No comments: