Friday, January 11, 2008

Standard Chartered MF Files An Offer Document

Standard Chartered Mutual Fund files an offer document to launch Standard Chartered Arbitrage Plus Fund. It is open-ended equity scheme. There will be two plans, i.e. regular and institutional plan. The investment objective of the scheme is to generate income by taking advantage of opportunities in the cash and the derivative segments of the equity markets including the arbitrage opportunities available within the derivative segment, by using other derivative based strategies and by investing the balance in debt and money market instruments.

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