An open ended overseas fund of funds scheme Deutsche Mutual Fund has filed offer document with Sebi to launch DWS Gold & Precious Metals Offshore Fund, an open ended overseas fund of funds scheme. The New Fund Offer price is Rs. 10 per unit. Investment objective: The scheme seeks to generate capital appreciation by investing predominantly in units of DWS Invest Gold & Precious Metals Equities Fund. The scheme may, at the discretion of the Investment Manager, also invest in different share classes of the same fund or the units of other similar overseas mutual fund schemes, which may constitute a significant part of its corpus. Options: The scheme offers growth, dividend (payout & reinvestment) and bonus options. Benchmark: S&P BMI Global Gold and Precious Metals. Loads: Exit load charge will be 1% for investments redeemed earlier than 12 months from the date of allotment. Minimum Application Amount: Rs. 5,000 per application and in multiples of Rs. 1 thereafter. Minimum Target Amount: Rs. 1 crore. Asset Allocation: The scheme would invest 90% to 100% of assets in units of DWS Invest Gold & Precious Metals Equities Fund or other similar overseas mutual fund schemes with medium to high risk profile. On the other side it would allocate upto 10% of assets in money market instruments with low to medium risk profile. Fund Manager: Kumaresh Ramkrishnan. WATCH 'ET NOW' LIVE on www.indiainfoline.com

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