AIG World Gold Fund – New open ended Fund

AIG Global Asset Management Company (India) has launched “AIG World Gold Fund” – an open ended Fund Scheme, which will invest in companies engaged in extracting, processing and marketing of gold.

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 based in Zurich, which invests primarily in shares of gold mines worldwide with major investments in Canada. The scheme will offer growth option and dividend option. The dividend option offers dividend payout and dividend reinvestment facilities.

Minimum investments: Rs 5,000
New Fund Offer opens : 15 April
Closes – 14 May 2008
and will re-open for ongoing purchase/redemption no later than 12 June 2008.