ING MF Declares Dividend For Two Schemes

ING mutual fund has approved 30 August 2007 as the record date for declaration of dividend in Optimix Active Debt Multi Manager FoF Scheme and Optimix Asset Allocator Multi Manager FoF Scheme.

The fund has announced a dividend up to 0.6% (i.e. Re 0.06 per unit on the face value of Rs 10) under the dividend option of Optimix Active Debt Multi Manager FoF Scheme. The scheme has recorded NAV of Rs 10.208 on 23 August 2007.

The fund has announced a dividend up to 10% (i.e. Re 1.00 per unit on the face value of Rs 10) under the dividend option of Optimix Asset Allocator Multi Manager FoF Scheme. The scheme has recorded NAV of Rs 11.867 on 23 August 2007.

Optimix Active Debt Multi Manager FoF scheme launched with an objective to generate returns from a portfolio of pure debt oriented funds accessed through the diverse investment styles of underlying schemes selected in accordance with the Optimix Multi Manager Investment process. The scheme does not charge any entry as well as exit load.

Optimix Asset Allocator Multi Manager FoF scheme launched with an objective to generate capital appreciation primarily from a portfolio of equity and debt funds accessed through the diversified investment styles of underlying schemes selected in accordance with the Optimix Multi Manager Investment process. The scheme charged an entry load of 2.5% for the investment below Rs 5 crore. There is no exit load for the scheme.

Source : www.indian-commodity.com