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Thursday, September 25, 2014

Pramerica Credit Opportunities Fund announces change in exit load structure

With effect from 01 October 2014 

Pramerica Mutual Fund has announced change in exit load structure of Pramerica Credit Opportunities Fund, which shall stand revised with effect from 01 October 2014. The revised exit load structure will be: 

2% if redeemed/switched-out on or before 548 days from the date of allotment 

1% if redeemed/switched-out after 548 days but on or before 1095 days from the date of allotment 

Nil if redeemed/switched-out after 1095 days from the date of allotment 

The aforesaid changes in load structure shall be applicable for all prospective investments scheme effective 01 October 2014. 

Investments made prior to 01 October 2014 would continue to attract the load structure which was applicable at the time of investment.
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