Tuesday, January 15, 2008

ABN Amro MF Revised Load Structure For Opportunities Fund

ABN Amro mutual fund has announced the revision in the load structure for ABN Amro Opportunities Fund. According to the revised load structure the fund will charge an entry load of 2.25% for the investment amount of less than Rs 5 crore. There will not be any entry load for the investment above Rs 5 crore.

The scheme will charge a CDSC (Contingent Deferred Sales Charge) of 1.00% for the investment less than Rs 5 crore and if the investment is redeemed within 6 months from the date of investment. However the scheme will not charge any CDSC for the investment above Rs 5 crore.

There will not be any entry load for the direct applications received by Asset Management Company.

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