Tuesday, June 3, 2008

DBS Chola MF Files An Offer Document - June 3, 2008

DBS Chola Mutual Fund filed an offer document to launch DBS Chola Energy & Natural Resources Fund. It is a open-ended equity scheme. The scheme seeks to generate long-term capital appreciation by investing in equity and equity related instruments of companies engaged in the energy and natural resources sector and of companies providing services to these companies. The scheme offers investment under two options namely dividend and cumulative option. The scheme will invest 65-100% of its portfolio in equity and equity related instruments related to the theme sector. The scheme will invest 0-35% in other equity and equity outside the theme. It will have an investment objective of 0-35% in debt securities and money market instruments.

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