Dundee Mutual Fund has paid monthly dividends in three of its debt funds - Dundee Sovereign trust, Dundee Corporate Bond and Dundee PSU bond fund. The record date for the same was May 15, 2001.
Dundee Sovereign trust paid a dividend of 1%(Rs 0.1 per unit), up from 0.80% in April 2001. While skipping dividends for July and August 2000, the fund has doled out an aggregate dividend of 18.57% since launch in July 1999 in the monthly dividend option.
Dundee Corporate Bond Fund has paid a dividend of 0.85 %(Rs 0.085 per unit) as compared to the last payout of 0.68% in April 2001. The Fund has doled out an aggregate dividend of 12.47% since launch in November 1999, but missed three payouts from August to October 2000.
Dundee PSU Bond Fund has paid a dividend of 0.7%(Rs 0.07 per unit), down from the last payout of 0.8% in April 2001. The aggregate dividend doled out by the fund is 15.47% since launch in November 1999.