ABN Amro Mutual Fund has extended the offer period for ABN AMRO Interval Fund- Quarterly Plan I. Now the offer would close on 18 September 2007 instead of 5 September 2007. ABN AMRO Interval Fund- Quarterly Plan I is debt oriented fund with an investment objective to generate steady returns through investments made in a basket of fixed income securities, with a provision to offer liquidity at periodic intervals.
The scheme provides dividend and growth option. Under dividend option investors can choose either dividend reinvestment or dividend payout. The frequency of dividend will monthly, quarterly, and at the end of each interval period. There will no entry load charged for the scheme due to its close-ended structure. But the scheme charges an exit load of 1.00%, at all times except the interval periods.
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