Tuesday, August 14, 2007

ABN Amro MF Launches New Fixed Term Plan

Name of Fund: ABN Amro Fixed Term Plan Series 8 Yearly Plan C Scheme: Close end fixed term income scheme. Maturity date of the scheme / plan would be 366 day from the date of allotment of units under the scheme.

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 of the scheme.

The fund will invest up to 100% in debt instruments. Debt instruments may include the investment in securitised debt up to 60% of the net asset of the scheme. The fund may also invest up to 100% in money market instruments.

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