Date:26/02/2008 URL: http://www.thehindubusinessline.com/2008/02/26/stories/2008022652111700.htm

Back AIG Investments launches short-term fund

Our Bureau

Mumbai, Feb. 25 Asset management company AIG Investments has launched `AIG Short Term Fund’, which is an open ended income scheme.

The primary investment objective of this scheme is to generate income from a portfolio consisting of short to medium-term debt and money market securities. The scheme aims to invest its entire corpus in short-term debt and money market securities.

The new fund offer will be open from February 29, to March 4, and will re-open for ongoing purchase or redemption no later than March 14.

The scheme offers both retail and institutional plans.