Date:27/07/2007 URL: http://www.thehindubusinessline.com/2007/07/27/stories/2007072750861100.htm

Back Kotak AMC launches global fund

Mumbai, July 26

Kotak Mahindra Asset Management Company has launched Kotak Global Emerging Market Fund, a three-year close-ended equity scheme which will invest in emerging economies across the globe through investments in the T. Rowe Price Global Emerging Markets Equity Fund - SICAV. . The Global Emerging Markets Equity Fund invests in equity and equity related securities of companies established in or conducting a significant proportion of their business activities in the economically e merging countries of Latin America, Asia, Europe, Africa and West Asia. The fund has been benchmarked against the MSCI Emerging Market Index. The minimum investment size is Rs 5,000. The new fund offer closes on August 24. T. Rowe Price currently has $349.9 billion assets under management (as on May 31). —

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