Tuesday, March 18, 2008

ABN Amro MF Files An Offer Document

Name of Fund: ABN Amro Bond Fund

Scheme: It is an open-ended income scheme.

Objective: The objective of the scheme is to generate income and capital gains through investments in a portfolio of debt and money market instruments.

Asset Allocation: The fund will invest 0-100% in debt and money market instruments. Debt instruments may include securitised debt up to 60% of the net assets and exposure in debt derivatives up to 100%. The exposure of the scheme to the foreign securities could be up to 30% of the net assets of the scheme. The scheme will not invest in equity and equity related securities.

Face Value: Rs 10

Investment Options: ABN Amro Bond Fund offers only regular and institutional plans. This Plan offers growth option and dividend option. Dividend option will have fortnightly, monthly, quarterly, annual option. The dividend option offers dividend payout and dividend re-investment facilities.

Entry Load: The scheme may not charge an entry load.

Exit Load:

In case of investments below Rs. 1 crores, the scheme charges an exit load of 1.00%, if the investment is redeemed or switched out within six months from date of investment. It may not charge exit load, if redemption is made after six months from date of investment.

In case of investments of Rs.1 crores or above, the scheme may not levy any exit load.

Minimum Investment Amount:

Under regular plan: Minimum investment under growth option is Rs 5,000 and in multiples of Re 1 thereafter. For the dividend option, the minimum investment amount is Rs 20000 and in multiples of Re 1 thereafter.

Under institutional plan: Minimum investment amount under both growth and dividend option are Rs 1 crore and in multiples of Re 1 thereafter.

Minimum subscription amount: Rs 1 crore

Benchmark Index: CRISIL composite Bond Fund Index

Fund Manager: Mr. Mahendra Jajoo and Mr. R Sivakumar

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