Monday, June 30, 2008

Deutsche MF Files Offer Document - June 30 , 2008

Deutsche Mutual Fund filed offer document to launch DWS Dual Advantage Fund-Series 1-Plan A & B.

The scheme is close-ended debt fund with a duration of 12-36 months.

The objective of the fund is to generate regular income by investing in fixed income securities, money market instruments usually maturing line with the time profile of the fund.

Under plan A the scheme will invest up to 100% in domestic debt instruments including government securities & money market instruments and securitised debt including cash and cash equivalents.

Investment in securitised debt and equity-linked debentures would be up to a maximum of 100% of the net assets.

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