
Investors should note that JM Financial has changed the redemption period of JM Arbitrage Advantage Fund to daily redemption facility, presently it is monthly redemption facility. The fund will offer units for sale and repurchase on all business days.
All other features remain unchanged.
Existing investors who do not wish to continue in the scheme, in view of the proposed changes, can exit between February 18, 2014 to March 21, 2014.
The change will be effective from March 24, 2014.