ING MF launches new Optimix Dynamic Multi-Manager FoF Scheme. NFO period will be open from 3 September to 28 September 2007. 3 year close end fund of fund scheme. The primary objective of the scheme is 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 fund will invest up to 100% in equity funds with high risk profle where as investment in debt funds, liquid funds, money market funds with medium to low risk profile may go up to 100%. The scheme will invest up to 10% money market securities with low risk profile. The fund will only invest in third party mutual funds, and will not make any investments in schemes of the ING Mutual Fund.
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