Monday, April 5, 2010

Deutsche MF Unveils Global Agribusiness Offshore Fund

The scheme offers regular plan with dividend and growth option. Further, the dividend option offers payout and reinvestment facility. The scheme would allocate 80% to 100% of assets in units / securities issued by overseas mutual funds or unit trusts with medium to high risk profile. Moreover, it would allocate upto 20% of assets in debt instruments that includes government securities as well as corporate debt, money market instruments (including cash and units of domestic money market mutual funds) with low to medium risk profile.
The scheme shall initially invest predominantly in the units of DWS Invest Global Agribusiness Fund, domiciled in Luxembourg or similar mutual funds at the discretion of the Investment Manager.


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