Union Mutual Fund changes the fundamental attributes of Union Ultra Short Term Debt Fund
Aug 21 2017
News Category: AMC Specific Updates
Union Mutual Fund has announced change in the fundamental attributes of Union Ultra Short Term Debt Fund with effect from Sep 27, 2017. Accordingly, the name has been changed from Union Ultra Short Term Debt Fund to Union Short Term Fund. The revised investment objective is to provide reasonable returns commensurate with low to moderate risk and high level of liquidity through a portfolio of short to medium term debt and money market instruments. However, there can be no assurance that the investment objective of the scheme will be achieved.