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Canara Robeco Mutual Fund Investment Manager : Canara Robeco Asset Management Co. Ltd. Construction House, 4th Floor, 5, Walchand Hirachand Marg, Ballard Estate, Mumbai 400 001. Tel.: 6658 5000, 6658 5086 Fax: 6658 5012 / 13 www.canararobeco.com NOTICE - CUM - ADDENDUM 1. Notice is hereby given that the Board of Trustees of Canara Robeco Mutual Fund declared dividend in Canara Robeco Interval Scheme - Series 2 - Quarterly Plan 2, subject to availability of distributable surplus: Dividend Dividend Option Scheme Dividend (%) Per Unit (Rs.) NAVas on 03.06.2010 (Rs.) Canara Robeco Interval Scheme - Series 2 - 100% distributable surplus Quarterly Plan 2 - Retail Plan as on record date 10.1452 Canara Robeco Interval Scheme - 100% distributable surplus Series 2 - Quarterly Plan 2 - Institutional Plan as on record date 10.1453 Pursuant to payment of dividend, the NAV of the dividend option of the schemes would fall to the extent of payout and statutory levy (if applicable). Record Date for the purpose of distribution of dividend is 10th June, 2010 or the next working day if the record date happens to be non- working day. All unit holders of Canara Robeco Interval Scheme - Series 2 - Quarterly Plan 2 (Retail & Institutional Plan in Dividend option), whose names appear on the register of unit holders of the schemes as on the record date, are eligible for the dividend. 2. Notice is hereby given that the Board of Trustees of Canara Robeco Mutual Fund has made the following changes to the fundamental attributes of the Canara Robeco Floating Rate, with effect from 01st July, 2010: Details Existing Revised Type of Scheme An open ended cash management scheme An open ended debt scheme Investment To generate income as well as capital appreciation by The fund seeks to generate income by investing in a Objective mitigating interest rate risk by investing in Floating and portfolio comprising of short term debt instruments fixed rate debt Instruments. and money market instruments with weighted average portfolio duration of equal to or less than 1 year. Asset Allocation Floating Rate Debt, Money Market Instruments and Indian Money Market Instruments : 70% - 100% Derivative Instruments*: 65% - 100% Indian Debt Securities Fixed Rate Debt and Derivatives Instruments*: - 0% - 35% (including Securitised Debt): 0 - 30% * In respect of Short Term Plan - Investment in / purchase Exposure by the Fund in Securitised Debt shall not exceed debt and money market securities with maturity upto 91 25% of the Net Assets of Scheme at the time of days only fulfilling following conditions as per SEBI circular investment. dated 19th January, 2009. Gross Notional Exposure by the Fund in derivative a) In case of securities where the principal is to be repaid instruments for the purpose of hedging and portfolio in a single payout the maturity of the securities shall rebalancing shall not exceed 30% of the Net Assets of mean residual maturity. In case the principal is to be Scheme at the time of investment. repaid in more than one payout then the maturity of Total of investments in debt securities (including the securities shall be calculated on the basis of securitized debt), money market instruments and gross weighted average maturity of security. notional exposure in derivatives shall not exceed 100% b) In case of securities with put and call options (daily or of the net assets of the Scheme. otherwise) the residual maturity of the securities shall not be greater 91 day c) In case the maturity of the security falls on a non- business day then settlement of securities to take place on the next business day. Investment by Scheme in Securitised debt is limited to domestic securitized debt and shall not exceed 20% of the net assets as on the date of such investments. Gross Notional Exposure by the Scheme in derivative instruments Interest Rate Swaps (IRS) and Forward Rate Agreements (FRA) shall not exceed 30% of the net assets of the Scheme as on the date of such investments. Floating Rate Debt Instruments include fixed rate instruments swapped for floating rate returns. Investment a) Growth Option a) Growth Option Options b) Dividend Option b) Dividend Option - Daily Dividend Reinvestment - Daily Dividend Reinvestment - Weekly Dividend Reinvestment - Weekly Dividend Payout / Reinvestment - Fortnightly Dividend Reinvestment - Monthly Dividend Payout / Reinvestment Applicable NAV a) For application received up to 12.00 noon on a a) For applications received up to 3 p.m, along with for Sale of business day and funds are available for utilisation instruments payable at par at the place of receipt, Units / Switch In on the same day, the closing NAV of the day closing NAV of the same day on which the immediately preceding day of receipt of application. application is received shall be applicable. b) For application received after 12.00 noon on a business b) For applications received after 3 p.m, along with day and funds are available for utilisation on the same instruments payable at par at the place of receipt, day, the closing NAV of the day immediately preceding closing NAV of the next business day shall be the next business day. applicable. c) Irrespective of the time of receipt of application, where c) For applications received with outstation the funds are not available for utilisation on the day instruments not payable at par at the place of of the application the closing NAV of the day receipt, closing NAV of the day of realisation of the immediately preceding the day on which the funds are instruments shall be applicable. available for utilisation. d) For applications received on non-business day along with instruments payable at par at the place of receipt, closing NAV of the next business day shall be applicable. e) For applications with amount equal to or more than Rs. 1.00 crore, irrespective of the time of receipt of application, closing NAV of the day on which the funds are available for utilisation shall be applicable. Applicable NAV a) For application received up to 3.00 p.m., the closing a) For applications received up to 3 p.m., same day’s for Repurchase of NAV of the day immediately preceding the next closing NAV shall be applicable. Units / Switch Out business day shall be applicable. b) For applications received after 3 p.m., closing NAV b) For application received after 3.00 p.m. closing NAV of the next business day shall be applicable. of next business day shall be applicable. As per regulation 18(15A) of SEBI (Mutual Funds) Regulations-1996, a letter dated 27th May 2010 was sent out to all existing unit holders of Canara Robeco Floating Rate informing them of the above mentioned changes along with an option to exit, last date of redemption without exit load being 30th June 2010. All other terms and conditions of the scheme will remain unchanged. This addendum shall form an integral part of the scheme information document / key information memorandum of the scheme of Canara Robeco Mutual Fund as amended from time to time. For and on behalf of Canara Robeco Asset Management Company Ltd. (Investment manager for Canara Robeco Mutual Fund) Date : 04-06-2010 sd/- Place : Mumbai Compliance Officer Investment Objective: Canara Robeco Interval Scheme - Series 2 - Quarterly Plan 2: To generate returns and growth of capital by investing in Central and State Govt. securities and other fixed income / debt securities normally maturing within the maturity of interval plan to insulate the portfolio from the interest rate volatility. Canara Robeco Floating Rate: To generate income as well as capital appreciation by mitigating interest rate risk by investing in Floating and fixed rate debt Instruments. Statutory Details: Canara Robeco Mutual Fund (CRMF) has been set up as a Trust under Indian Trust Act, 1882. Sponsors: Canara Bank, Head Office, 112 J C Road, Bangalore; Robeco Groep N.V., Coolsingel 120, 3011 Rotterdam, Netherlands. Risk Factors: Mutual Funds and securities investments are subject to market risks and there can be no assurance or guarantee that the objectives of the Scheme will be achieved. As with any investment in securities, the NAV of the units issued under the Schemes may go up or down depending on the various factors and forces affecting capital markets and money markets. Past performance of the sponsors / Investment Manager / Mutual fund does not indicate the future performance of the Scheme and may not necessarily provide a basis of comparison with other investments. Canara Robeco Interval Scheme - Series 2 - Quarterly Plan 2 and Canara Robeco Floating Rate are the names of the schemes and do not in any manner indicate the quality of the schemes, their future prospects or returns. The Sponsors of the Fund are not responsible or liable for any loss or shortfall resulting from the operations of the Schemes of CRMF, beyond the initial contribution of a sum of Rs. 10 lacs towards setting up of CRMF. Investors should read the Offer Document / Scheme Information Document for Scheme specific risk factors and other details before investing.
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