Friday, July 4, 2008

Canara Robeco MF Files An Offer Document With Sebi

Canara Robeco Mutual Fund filed an offer document with Sebi to launch Canara Robeco Financial Opportunities, Retail Consumption & Entertainment Fund (F.O.R.C.E Fund).

It is open-ended equity scheme. The objective of the scheme is to provide long-term capital appreciation by primarily investing in equity and equity related securities of companies in the Finance, Retail & Entertainment sector.

The investors will have the choice of two plans i.e. retail and institutional. Each plan will have two options viz. dividend and growth option. Dividend option will further offer dividend payout and reinvestment facility.

No comments: