With effect from 19 January 2009
Principal Pnb mutual fund has announced the revision in the load structure of Principal Global Opportunities Fund, an open-ended fund of funds scheme with effect from 19 January 2009.
According to the revised load structure the fund will charge an entry load of 2.50% for investment amount less than or equal to Rs 1 crore while no entry load will be applied for investment amount greater than Rs 1 crore. Existing entry load is 2.50% for investment amount less than Rs 5 crore while no entry load is charged for investment amount of R 5 crore and above.
Revised exit load structure is 1% if redeemed on or before 1 year from the date of allotment.