Edelweiss Mutual Fund has announced the change in the name and the related particulars/disclosure of Edelweiss Absolute Return Equity Fund, with effect from 1 January 2011.
Existing name and the related particulars/disclosure:
Edelweiss Absolute Return Equity Fund, an open ended equity scheme. The investors in the scheme are not being offered any guaranteed/assured returns.
Revised name and the related particulars/disclosure:
Edelweiss Absolute Return Fund, an open ended equity scheme. The scheme is an equity-oriented scheme. The investors in the scheme are not being offered any guaranteed/assured returns.
Edelweiss Absolute Return Equity Fund is an open ended equity scheme. The primary investment objective of the scheme is to generate absolute returns with low volatility over a longer tenure of time. The scheme will accordingly invest in arbitrage opportunities and debt and money market instruments in one hand and in pure equity investments and equity derivative strategies on the other.
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