We are pleased to inform you that Reliance Mutual Fund is launching Reliance CPSE ETF – FFO – 2(Further Fund Offer), an Open-ended Index Exchange Traded Scheme.
CPSE ETF FFO 2 dates:
| |
For Anchor Investors |
For Non Anchor Investors |
| FFO Opens on |
March 14, 2017 |
March 15, 2017 |
| FFO Closes on |
March 14, 2017 |
March 17, 2017 |
Scheme Highlights:
- Invest in India growth story through a basket of 10 Maharatna and Navaratna CPSE stocks which are sector leaders via a single instrument.
- FFO price advantage – Discount of 3.5% on the “FFO Reference Market Price” to all investors.
- Retail Individual Investor Category* and Retirement Funds (QIB) to get preference in allotment within the non –anchor segment, which is 70% of total CPSE ETF FFO issue size of Rs. 2500 crores; in the proportion they invest in the manner set out in SID (*Investor investing up to Rs.200000).
- CPSE Index attractive valuation and dividend yields: P/E ratio and dividend yields better compared to other broader market indexes.
- ETF Format – Get Index diversification with the flexibility of real-time trading at a lower expense ratio as compared to normal mutual fund scheme.
