What are the applicable loads in the QGF?
As mentioned earlier, The Quantum Gold Fund would also be the first Gold ETF in the country without any entry loads, during the NFO. (A) During New Fund Offer Period: Investor Category Entry Load Exit Load Authorised Participants Nil Nil Eligible Investors Nil 0.50% Retail Investors Nil Not Applicable* *Retail Investors can exit the scheme only through Secondary Market. (B) Ongoing Basis: Investor Category Entry Load Exit Load Authorised Participants Nil Nil Eligible Investors Nil 0.50% Retail Investors Nil Not Applicable* # On an ongoing basis exit is provided by the Fund only to Large or eligible investors. Large/Eligible investors are those holding 2,000 units or more. Retail investors (i.e those holding less than 2,000 units) who wish to sell their units exit is only through sale in the exchange (the NSE.) The load structure is however, subject to change from time to time and such changes shall be implemented prospectively.
