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23 Jun 2011
Notice ad for merger of schemes

NOTICE IS HEREBY GIVEN to the unit holders of JM Equity Fund (An Open Ended Equity Oriented Growth Scheme), JM Nifty Plus Fund (An Open Ended Equity Oriented Scheme), JM Multi Strategy Fund (An Open-Ended Equity Oriented Scheme) and JM Emerging Leaders Fund (An Open-Ended Equity Oriented Growth Scheme) of JM Financial Mutual Fund (“Mutual Fund”), that the Boards of Directors of JM Financial Asset Management Private Limited, (“JMF AMC”), Investment Managers to the Mutual Fund, and JM Financial Trustee Company Private Limited, (“JM Trustee”), Trustees to the Mutual Fund have decided to merge JM Nifty Plus Fund (“merging scheme”) into JM Equity Fund (“surviving scheme”) and JM Emerging Leaders Fund (“merging scheme”) into JM Multi Strategy Fund (“surviving scheme”) in the interest of all the unit holders in the respective Schemes and in order to benefit from better economies of scale that will allow for more efficient management of these Schemes. Click here to see the notice ad

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