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Wednesday, February 25, 2009

Canara Robeco MF declares dividend under Interval Series

Record date for dividend is 2 March 2009

Canara Robeco Mutual Fund has announced 2 March 2009 as the record date for declaration of dividend under dividend option of Canara Robeco Interval Series -2 Quarterly Plan – 1 for both retail and institutional plan.

The fund house has decided to distribute 100% of distributable surplus for both above mentioned interval funds.

The NAV of the retail and institutional plan of Canara Robeco Monthly Interval Fund was at Rs 10.2245 & Rs 10.2316, respectively as on 20 February 2009.

Investment objective of the scheme is to generate returns and growth of capital by investing in central and state government securities and other fixed income/ debt securities normally maturing within the maturity of interval plan to insulate the portfolio from interest rate volatility.

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