Friday, February 20, 2009

DBS Chola MF ceases Interval Income Fund - Monthly Plan A

DBS Chola Mutual Fund has ceased DBS Chola Interval Income Fund - Monthly Plan A, with effect from February 17, 2009. The fund house ceased to carry any business activities in respect of the plan as well as ceased to issue units in the plan and to create or cancel units in the plan.

DBS Chola Interval Fund - Monthly Plan A seeks to generate regular income through investments in debt (including securitised debt) as well as money market and government securities normally maturing in line with the time profile of the respective plans.

No comments: