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Dundee announces quarterly dividends in three debt schemes


Dundee Mutual Fund has declared monthly and quarterly 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 June 15, 2001.

Dundee Sovereign trust paid a dividend of 1% (Rs 0.100 per unit) and 2.50% (Rs 0.250 per unit) in the monthly and quarterly option, respectively. The quarterly option has paid an aggregate dividend of 19.99% till date.

Dundee Corporate Bond Fund paid a dividend of 0.80 %(Rs 0.080 per unit) and 2.50% (Rs 0.250 per unit) in the monthly and quarterly options, respectively. Investors in the quarterly option have received an aggregate dividend of 12.87% till date.

Dundee PSU Bond Fund paid a dividend of 0.60%(Rs 0.060 per unit) and 2.20% (Rs 0.220 per unit) in the monthly and quarterly dividend option, respectively. The quarterly dividend option has doled out an aggregate dividend of 15.86% till date.