Monday, April 28, 2008

Mirae Asset MF Files An Offer Document

Mirae Asset MF plans to launch Mirae Asset Global Commodity Stocks Fund and it is an Open ended equity fund. The investment objective of the scheme is to generate long term capital appreciation through an actively managed portfolio investing in equity and equity related securities of companies that benefit either directly or indirectly from commodity price movements, with at least 65% of the corpus invested overseas in Asia Pacific and Emerging Markets.

The investors will have the choice of two options viz. Dividend Option and Growth Option. Dividend Option shall have the choice of dividend payout, dividend reinvestment and dividend transfer options. Systematic Investment Plan (SIP) / Systematic Withdrawal Plan (SWP) / Systematic Transfer Plan (STP) will be available in the Scheme.

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