Friday, February 8, 2008

Canara Robeco MF Files An Offer Document

Canara Robeco MF is looking at unveiling Canara Robeco Interval Scheme - Series 2. It is debt oriented interval scheme. It comprises of five series of quarterly interval plans. The investment objective of the schemes 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 scheme offers retail and institutional plans. The investors will have the choice of two options viz. dividend option and growth option. Dividend option further offers dividend reinvestment and payout facilities. These schemes will invest 100% of its portfolio in debt securities including securitised debt having rating above AA or equivalent, central / state government. securities and money market instruments.

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