Saturday, November 8, 2008

Mirae Asset Revises Exit Load Structure Plan - Nov 08, 2008

Mirae Asset Mutual Fund has decided to change the exit load for all applications for subscriptions received during the Specified Transaction Period on 10th November 2008 for Mirae Asset Interval Fund – Quarterly Plan – Series I (MAIF-QP-S-I) and Mirae Asset Interval Fund – Quarterly Plan – Series II (MAIF-QP-S-II). The exit load for the fund will be 3.00% if the units are redeemed on any day other than during the specified transaction period.

No exit load will be levied if the units are redeemed during the specified transaction period. Earlier, it charged 0.30% of exit load for the redemption on any day other than during the specified transaction period. No exit load for the redemption during the specified transaction period.

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