NFO closes: 10 jully 2008
Unit value : Rs 10

Investment objective: The primary investment objective of the Scheme is to seek capital appreciation by investing predominantly in ING (L) Invest Latin America Fund. The Scheme may, at the discretion of the Investment Manager, also invest in the units of other similar overseas mutual fund schemes, which may constitute a significant part of its corpus. The Scheme may also invest a certain portion of its corpus in money market securities, 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.

Asset Allocation: 65%-100% in ING (L) Invest Latin America Fund, 0%-20% in Money Market Instruments including reverse repo and 0%-35% in Other overseas mutual fund schemes.

Terms of Issue & Load Structure: The NAV of a particular business day shall be declared on the next business day. The AMC shall calculate and publish NAVs and shall offer for sale and redemption of units of the Scheme on all Business Days. Load structure for applications received during NFO and on-going sales: For application below Rs.5 Cr – Entry Load : 2.5%, CDSC : 1% if redeemed within 180 days from the date of investments (date of allotment if invested during the NFO). For Applications of Rs.5 cr and above: Entry Load: Nil, CDSC : Nil, Systematic Investment Plans (SIP) is available during New Fund Offer periods as well as on going sales. The load structure for SIP would be same as mentioned above. Each installment will be considered as a single application. The load charged by the underlying scheme (entry load/exit load) may impact the returns to the investors. The load structure of the underlying scheme may change from time to time. The AMC / Mutual Fund reserves the right to change the above load structure at its own discretion with prospective effect within the limits prescribed and as per the SEBI Regulations.

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.

Morgan Stanley ACE Fund is a open ended mutual fund and will invest money across capitalisation (all size/type) of companies.
Isssue price: Rs10/unite
NFO Closes on 10 Mar 2008

The Company is in the process of setting up of an Asset Management Company and a Trustee Company in terms of the approval of the SEBI, for setting up the Mutual Fund.