Almost all Asian markets are buzzing in the green this morning. All Ordinaries, Hang Seng, NZSE 50, Straits Times, Seoul Composite and Taiwan Weighted are all up by over 1% while the remaining markets are marginally in the green.
Taiwan Weighted Index is up 1.44% and has added 113 points in intraday. Taiwan Technology Index is up 147 points during intraday.
Earlier yesterday evening, the US Markets also closed strong.
NASDAQ - up 1.53%
DJIA up 0.29%
S&P 500 up 0.49%
NASDAQ-100 up 1.90%
NASDAQ-100 PMI up 1.40%
NASDAQ-100 AHI up 0.64%
Russell 1000 up 0.55%
Russell 2000 up 1.51%
FTSE All-World ex-US* up 0.17%
FTSE RAFI 1000* up 0.38%
December 21st, 2007
Templeton India Growth Fund popular as TIGT has announced a dividend of Rs. 4.50 per unit on a face value of Rs. 10. December 26, 2007 is set as the record date for dividend.
The scheme is launched in August 1996 and its NAV is 58.0036 as on December 20, 2007.
December 21st, 2007
The UTI Infrastructure Advantage Fund which is in NFO period will be accepting the NFO applications from investors till December 24, 2007. The earlier deadline for this fund is December 19, 2007.
The scheme is a 3 year close-ended equity scheme. The investment objective of the scheme is to provide income distribution and/ or medium to long term “capital appreciation” by investing predominantly in equity / equity related instruments in the companies engaged either directly or indirectly in the infrastructure growth of the Indian economy.
Normally the scheme would put 65% - 100% of the portfolio in equities of companies engaged either directly or indirectly in the infrastructure sector.
Options Available: (i) Growth Option and (ii) Dividend Option with Payout facility.
Offer Price: The units can be purchased at the face value of Rs 10/- per unit during the New Fund Offer period only.
Minimum Investment Amount: Minimum initial investment is Rs. 5,000/- and in multiples of Re.1/- thereafter without any upper limit.
Load Structure:
Entry Load: The scheme being a close- ended scheme, is not permitted to charge an entry load.
Exit Load: NIL. However, an early exit charge equivalent to the unamortized New Fund Offer expenses will be recovered from the investor in case of redemption before expiry of 3 years from the date of allotment. The trustee reserves the right to change the load structure any time on a prospective basis.
December 21st, 2007