Load Revision Under ABN Amro Equity Fund

ABN Amro mutual fund has revised its load structure for ABN AMRO Equity Fund. From 12 September 2007 onwards ABN AMRO equity fund would start charging an exit load of 1% less than Rs 5 crores if the units are redeemed within six months from the date of allotment.

The fund house has also revised its load structure for ABN Amro Fixed Term Plan- Series 9: Three Yearly Plan A. From 12 September 2007 onwards ABN Amro Fixed Term Plan- Series 9: Three Yearly Plan A would start charging an exit load of 2.00% if the units are redeemed within six months from the date of allotment. The exit load will come down to 1.00% if the investment is redeemed after the six months but before the maturity of the scheme.

ABN Amro equity fund launched with an investment objective to generate long-term capital growth from a diversified and actively managed portfolio of equity and equity related securities. The scheme will invest in a range of companies, with a bias towards large and medium markets capitalization companies.

ABN Amro Fixed Term Plan- Series 9 Three Yearly Plan A launched with an investment objective to achieve growth of capital through investments made in basket of fixed income securities in line with the duration of the scheme.