DSP Merrill Lynch World Gold Fund introduced
From: “China’s gold trading report”
Compiler: Fund China
DSP Merrill Lynch announced the launch of the World Gold Fund, The Fund will be issued on July 25 and will start on August 23 ended, the minimum investment amount of Rs 5,000.
Comprehensive news agency on July 23 reported that DSP Merrill Lynch Fund Managers last Thursday (July 19) that pushed “World Gold Fund” The fund is through an international fund to invest in gold mining companies fund a program of open funds.
The main investment objectives through most of the investment Merrill Lynch International Investment Funds branch of the “World Gold Fund” to seek capital revaluation. The new fund will be issued on July 25 and will start on August 23 end.
DSP Merrill Lynch Fund Managers company’s CEO and Investment Chief S. Naganath said, The new fund to provide investors with an Indian gold prices may rise by the opportunities for profit and raise cash to invest relative Gold and Gold ETFs have access to the returns.
The project envisages the least amount of foreign investment of Rs 5000, the Fund issued during conventional investment accounted for at least 2.25%.
Copyright Fund China 2009.
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