Friday, January 25, 2008

Canara Robeco MF Comes Out With New Interval Fund

Canara Robeco MF has come out with new Canbank Robeco Quarterly Interval Fund - Series I fund and it is a debt oriented interval scheme. The objective of the scheme is to generate returns and growth of capital by investing in central and state government securities and other fixed income / debt securities normally maturing within the maturity of interval plan to insulate the portfolio from interest rate volatility. The fund will invest up to 100% in debt securities including securitised debt having rating above AA or equivalent, Central and state government securities and money market instruments.

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