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Auto Sweep Plan under DWS Ultra Short Term Fund to be Renamed to Premium Plus Plan


Deutsche Mutual Fund has announced that the Auto Sweep Plan under DWS Ultra Short Term Fund will be renamed to Premium Plus Plan, with effect from June 13, 2011. Consecutively, the auto sweep facility under auto sweep plan stands withdrawn. Further, the following changes have also been proposed:
Name of the Plan: Premium Plus
Options: Growth and Dividend
Sub-options: Dividend (Monthly with Payout & Reinvestment facility and Daily and Weekly with Reinvestment facility)
Minimum Lumpsum Application: Rs 25000 and in multiples of Rs 1 thereafter