Merrill Lynch Investment Management (MLIM) is to alter the names and stated objectives of three unit...
Merrill Lynch Investment Management (MLIM) is to alter the names and stated objectives of three unit trusts and change the name of a fourth, while leaving its stated objective intact, writes Robert Stock. Unit-holders in the Merrill Lynch International Opportunities fund are to receive letters next month informing them the name is to change to Merrill Lynch Global Equity. The change is timetabled for 10 September and the fund's revised objective statement will inform investors of the ability the manager already has to invest in fixed-interest securities at times when it is deemed necess...
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