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Change in fundamental attributes of Principal Retail Money Manager Fund


Principal Mutual Fund has announced to change the type of scheme and investment objective of Principal Retail Money Manager Fund with effect from March 04, 2014.

Now, the scheme will be an open-ended Debt scheme and the investment objective of the scheme will be to generate regular income and capital appreciation through investments in debt securities and money market instruments.

The scheme will have same benchmark and same asset allocation pattern.

Existing unit holders are given an option of exit without paying any exit load between February 03, 2014 to March 04, 2014.