ADDENDUM
THIS ADDENDUM DATED FEBRUARY 25, 2009 SETS OUT THE CHANGES TO BE MADE IN THE SCHEME ADDITIONAL INFORMATION DOCUMENT (SAI) OF ALL SCHEMES OF JM FINANCIAL MUTUAL FUND AND SCHEME INFORMATION DOCUMENT (SID) AND KEY INFORMATION MEMORANDA (KIM) OF RESPECTIVE EQUITY SCHEMES OF JM FINANCIAL MUTUAL FUND
In view of Mr. Sandip Sabharwal’s separation from the services of JM Financial Asset Management Pvt. Ltd., he ceases to be a key personnel of the AMC and the schemes managed by him will now be managed by the existing Equity Fund Management team. Mr. Asit Bhandarkar shall be the Fund Manager of JM Core 11 Fund – Series 1 and JM Emerging Leaders Fund, Mr. Sanjay Chhabaria shall be the Fund Manager for JM Multi Strategy Fund, Mr. Sandeep Neema shall be the Fund Manager for JM Tax Gain Fund and JM Contra Fund will be managed jointly by Mr. Sandeep Neema and Mr. Sanjay Chhabaria.
All references to Mr. Sandip Sabharwal, CIO (Equity) in the Statement of Additional Information (SAI)/ Scheme Information Document (SID) and Key Information Memoranda (KIM) of the respective Equity Schemes of JM Financial Mutual Fund stand deleted.
All other features of the respective Schemes remain unchanged.
In view of Mr. Sandip Sabharwal’s separation from the services of JM Financial Asset Management Pvt. Ltd., he ceases to be a key personnel of the AMC and the schemes managed by him will now be managed by the existing Equity Fund Management team. Mr. Asit Bhandarkar shall be the Fund Manager of JM Core 11 Fund – Series 1 and JM Emerging Leaders Fund, Mr. Sanjay Chhabaria shall be the Fund Manager for JM Multi Strategy Fund, Mr. Sandeep Neema shall be the Fund Manager for JM Tax Gain Fund and JM Contra Fund will be managed jointly by Mr. Sandeep Neema and Mr. Sanjay Chhabaria.
All references to Mr. Sandip Sabharwal, CIO (Equity) in the Statement of Additional Information (SAI)/ Scheme Information Document (SID) and Key Information Memoranda (KIM) of the respective Equity Schemes of JM Financial Mutual Fund stand deleted.
All other features of the respective Schemes remain unchanged.
ADDENDUM
THIS ADDENDUM DATED FEBRUARY 25, 2009 SETS OUT THE CHANGES TO BE MADE IN THE SCHEME ADDITIONAL INFORMATION DOCUMENT (SAI) OF ALL SCHEMES OF JM FINANCIAL MUTUAL FUND AND SCHEME INFORMATION DOCUMENT (SID) AND KEY INFORMATION MEMORANDA (KIM) OF RESPECTIVE DEBT SCHEMES OF JM FINANCIAL MUTUAL FUND
Mr. Mohit Verma, Chief Investment Officer (Debt) and Fund Manager of JM Short Term Fund, JM Income Fund and JM G-Sec Fund has resigned from the services of JM Financial Asset Management Private Limited. Pursuant to his resignation, Ms. Shalini Tibrewala shall be the Fund Manager for the Schemes managed by Mr. Mohit Verma.
All references to Mr. Mohit Verma in the Statement of Additional Information (SAI)/ Scheme Information Document (SID) and Key Information Memoranda (KIM) of the respective Schemes of JM Financial Mutual Fund stand deleted.
All other features of the respective Schemes remain unchanged.
Mr. Mohit Verma, Chief Investment Officer (Debt) and Fund Manager of JM Short Term Fund, JM Income Fund and JM G-Sec Fund has resigned from the services of JM Financial Asset Management Private Limited. Pursuant to his resignation, Ms. Shalini Tibrewala shall be the Fund Manager for the Schemes managed by Mr. Mohit Verma.
All references to Mr. Mohit Verma in the Statement of Additional Information (SAI)/ Scheme Information Document (SID) and Key Information Memoranda (KIM) of the respective Schemes of JM Financial Mutual Fund stand deleted.
All other features of the respective Schemes remain unchanged.
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