, India

Deutsche Mutual makes changes under DWS Premier Bond Fund

Deutsche Mutual Fund made changes under DWS Premier Bond Fund, with effect from 1st March 2012.

 

It has decided to revise name of Auto Sweep Plan to Premium Plus Plan under DWS Premier Bond Fund. The revised name of the scheme will be DWS Premier Bond Fund - Premium Plus Plan.

Accordingly, Auto Sweep facility available under the scheme stands withdrawn.

Furthermore, the fund house has introduced bonus option and various dividend options under the Premium Plus Plan of the DWS Premier Bond Fund. Under dividend option, it is proposed to introduce regular dividend, monthly, quarterly, half yearly and annual dividend options. This option includes dividend payout and reinvestment facility.

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