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Change in Definition of High Dividend Yield Stocks under ABN Amro Dividend Yield


ABN Amro Mutual Fund changes the definition of its high dividend yield stocks for ABN Amro Dividend Yield Fund. Earlier, stocks which had their dividend yield in excess of the dividend yield of the BSE Sensex Index were considered as high dividend yield stocks. But from now onwards, stocks having a dividend yield in excess of 0.50 per cent shall be termed as high dividend yield stocks.

Investors who are not willing to continue with the fund after the above change, can exit the fund without any exit load between 9th April and 8th May, 2007.