Baroda Pioneer Credit
Opportunities Fund - New Fund Offer
Highlights..!
An open ended debt
scheme
Investment universe:
Mix of debt and money market instruments across the credit and maturity
spectrum
Units available at
par at Rs.10
Plan / Option -
• Plan A and Plan B (Direct)
- Growth
- Dividend (Monthly
& Quarterly)
- Bonus
Load:
• Entry load NA
• Exit Load - 1%, if redeemed on or
before 365 days from the date of allotment of Units; Nil, if redeemed after 365
days from the date of allotment of Units.
Investment Objective:
Primary objective of the scheme is to generate returns by investing in debt and
money market instruments across the credit spectrum
Benchmark – CRISIL
Short Term Bond Fund Index
NFO opens on 8th
January 2015 and closes on 21st January 2015
Scheme re-opens on
27th January 2015
Baroda Pioneer Mutual
Fund recently announced the launch of Baroda Pioneer Credit Opportunities Fund,
an open ended debt scheme. This product is suitable for investors who are
seeking income over medium term and an investment in a mix of debt and money
market instruments across the credit and maturity spectrum.
The New Fund Offer
(NFO) is open for subscription from 8th January 2015 and closes on 21st January
2015; the scheme re-opens on 27th January 2015. The units will be available at
par - Rs.10/- The primary objective of the Scheme is to generate returns by
investing in debt and money market instruments across the credit spectrum.
Speaking on the
occasion, Mr. Oliver Bilal, Chief Executive Officer of Baroda Pioneer Asset
Management Company said, “India is providing opportunities for investors like
never before. It is a moment-to-be-seized and investment that is made right now
will be in the frontward trail to stanch development. In future too, we as a
fund house are looking at launching steadfast schemes in future to suit
risk-appetite of the investors. At Baroda Pioneer, we remain committed to
supporting and further growing our business as well as providing a high level
of products and service to our clients.”
Mr. Sanjay Chawla,
Chief Investment Officer of Baroda Pioneer Asset Management Company Ltd said,
“The Indian markets are poised at a remarkably interesting juncture. This is
evident in many areas, especially with respect to the socio-political changes
and the Indian economy is poised to grow faster. Our view is that debt funds
continue to offer advantages and must be preferred over alternatives.”
This scheme will be
an actively managed portfolio that will be modified over duration likely to be
in the range of 2 - 3 year with average maturity around 3 - 5 years. The
portfolio will be a well-diversified blend with adequate exposure to AAA bonds
& G-sec and money market instruments for ensuring liquidity.
About Baroda Pioneer
Asset Management Company Limited
Baroda Pioneer Asset
Management Company Limited is a joint venture between two large and
well-established financial services companies - Bank of Baroda and Pioneer
Investments. Baroda Pioneer Mutual Fund is positioned to serve the varied asset
management needs of investors in India through a range of equity, debt and
money market offerings. Since the formation of the joint venture in 2008,
Baroda Pioneer has been working to create an operational and servicing platform
well suited to the exacting requirements of our existing and potential
investors. The company operates out of 40 locations in India and managed
average assets of about INR 7792.53 cr for the quarter ended December 2014.
Disclaimer:
Risk factors: Mutual
funds investments are subject to market risks, read all scheme related
documents carefully.
For further details, please
contact:
Swagata Gupta / Neha Rao
Adfactors PR
Mobile: 98200 88951/ 98190 73603
D.G.JAISHANKAR
ADFACTORS PR, CHENNAI
94440-36340
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