Deutsche MF Unveils New Fixed Term Fund Series 39

Deutsche Mutual Fund has launched a new fund called DWS Fixed Term Fund Series 39 and it is a 370 days close ended debt fund. The objective of the fund is to generate regular income by investing in fixed income securities and money market instruments, usually maturing in line with the time profile of the fund. The fund will invest up to 100% in domestic debt instruments including government securities and money market instruments and securitised debt. The investment in securitised debt would be up to a maximum of 70% of the net assets of the scheme.