A Fund of Funds scheme that will invest in international securities of Gold production, processing & marketing Companies through an international fund- AIG PB Equity Fund Gold.
|Investment Objective|| The primary investment objective of the Scheme is to provide long term capital appreciation by investing predominantly in units of AIG PB Equity Fund Gold. The Scheme may, at the discretion of the Investment Manager, also invest in the units of other similar overseas mutual fund schemes. The Scheme may also invest a certain portion of its corpus in debt and money market securities and/or units of debt/liquid schemes of Mutual Funds, in order to meet liquidity requirements from time to time. |
However, there is no assurance that the investment objective of the Scheme will be realized.
|Indicative Asset Allocation||Under normal circumstances, it is anticipated that the asset allocation shall be as follows: |
# In the units of AIG PB Equity Fund Gold, a mutual fund subject to Swiss law in the "securities funds" category as defined by the Investment Funds Act dated March 18, 1994.
The above Asset Allocation Pattern is only indicative. The investment manager may, in line with the investment objectives of the Scheme, alter the above pattern for a short term period on defensive considerations, the intention at all times being to protect the interests of the Unit Holders.
|Benchmark for performance comparison|| Financial Times Gold Mines Total- Price Index, in USD is the benchmark of AIG PB Equity Fund Gold. |
The above translated to INR using the RBI Reference Rate will be the benchmark if AIG World Gold Fund.
|Purchase Price for New Fund Offer (NFO)|| Rs.10/- per Unit for cash plus applicable Entry Load. |
E.g. For purchases attracting an Entry Load (2.25%), the Purchase Price = Rs. 10.225/-.
For purchases not attracting Entry Load, the Purchase Price = Rs. 10/-.
|Purchase/ Redemption Price during Ongoing Offer||During the Ongoing Offer period, the price for Purchases and Redemptions will be based on Applicable NAVs subject to applicable Entry and Exit Loads/ CDSC respectively.|
|Options available under each Plan||The Scheme offers Growth option and Dividend option. The Dividend option offers Dividend Payout and Dividend Reinvestment facilities.|
|Minimum Application Amount & Minimum Additional Application Amount|| |
For all first time purchases, the application must be for a minimum amount of Rs. 5,000/–. For all subsequent purchases, the application must be for a minimum amount of Rs. 5,000/–.
In the case of purchases through SIP and STP, the minimum installment amount shall be Rs. 1,000/-.
The minimum amount in case of inter/ intra scheme switches shall be minimum amount required in the respective transferee scheme/plan.
|Minimum Amount / Units for Redemption||The minimum amount for redemption must be Rs. 1000/- or account balance whichever is less.|
|Expenses||The entry load charged will be used to incur the expenses during New Fund Offer. Expenses in excess of the limit prescribed under the Regulations shall be borne by the AMC.|
|Applicable NAV|| For all purchase, redemption and switch transactions- For valid applications accepted: |
Upto 3:00 PM (Cut-off time) on a Business Day- NAV of such Business Day
After 3:00 PM (Cut-off time) on a Business Day- NAV of the following Business Day
The above will be applicable only for cheques/ drafts/ payment instructions payable locally in the city in which ISC is located. Outstation cheques/ drafts will not be accepted.
|Load Structure|| |
|Facilities Offered to Investors under the Scheme|| Systematic Investment Plan (SIP)|