ING investment launches global commodity fund

Mumbai, Jul 28 (UNI) ING Investment Management Indian today announced the launch of an open ended global commodity equity fund scheme -- ING Optimix Global Commodities Fund.

The multi manager investment solution scheme new fund offer (NFO) would open tomorrow and close on August 25. The minimum application amount is Rs five thousand and in multiple of Re one thereafter, the Company said.

Under the multi-manager concept, the scheme will invest in some of the largest and best performing global commodity funds. These underlying managers would include Credit Suisse, First State, Martin Currie, Societe Generale, Fortis and J P Morgan.

UNI PP RN SKB2054