DSP BLACKROCK GLOBAL MINING FUND :

A TRULY GLOBAL INVESTMENT OPPORTUNITY

The DSP BLACKROCK mutual fund is launching a new fund offer in the form of World Mining Fund; it’s an open-ended fund of fund (FOF).

This fund will be investing in the units of BlackRock Global-World Mining Fund, which in turn invests in equity of top class mining and metal companies such as Iron Ore, Copper, Aluminum, Energy Coal, metallurgical Coal, Gold, Nickel and Platinum.

The sectorial exposure of this scheme will be in Diversified - 35%, Gold - 15%, Copper - 15%, Platinum - 7%, Coal - 5%, Aluminum - 1% and the balance in remaining commodities and the Geographic weightage are UK - 35%, USA - 25%, SOUTH AFRICA - 10%, CANADA - 9%, AUSTRALASIA - 8%,

LATIN AMEERICA - 3%, EUROPE-EX UK - 3%, CHINA-1%.

The main theme of this scheme is to benefit from the sustainable rise in the commodities prices as the commodities prices are directly related to the growth of the economy and as we see the global macro situation improving which will lead to growth in GDP, the forecasted global GDP growth in 2010 is at 3.3% which will raise the commodity demand across the global by then.

The urbanization in Asia is at a rapid pace which will trigger the demand of commodities and is expected to be double in the year 2030 from now.

The rapid pace of urbanization and industrialization will lead to material intensive growth and in turn to increase the demand for commodities and on the other hand the supply –side constraints to increase the price of commodities.

BGF-WORLD MINING FUND PERFORMANCE:

This is one of the largest funds in its category in the world and has a long-term performance track record.

• Launch in 1997


• Asset Under Management (AUM) appox US $ 11.5 bn (INR 53769 cr.)


• AAA rate from S & P Fund Research


• Elite rate from Morning star

Return	1 Year	3 Years	5 Years	Since Inception
BGF-WORLD MINING FUND	71.1%	5.7%	19.3%	17.8%

In India the performance of DSP BLACKROCK has been very impressive though they have a very conservative style of investment philosophy, The fund house has one 5-star, five 4-star, five 3-star and three 2-star rated funds from Value Research.

The world mining fund scheme theme argues well when the macro situation of the global economy is improving, DSPBR has always has the history of introducing innovative scheme at right time and their previous similar scheme such as the Gold Fund and the Natural Resource fund has given good return to the investors.

As the global economy is reviving this scheme is worth investing and will be suitable for a conservative investor who is looking for a global investment opportunity and diversification of his portfolio across the asset class with a long-term view of 2-3 year from now.

DSP BLACKROCK WORLD MINING FUND SCHEME FEATURES:

SCHEME	Open ended international fund of fund
OFFER DATE	23-11-2009 TO 18-12-2009
MINIMUM AMOUNT	Rs 5000 and multiples of Re 1
OPTIONS	Growth & Dividend (Pay-out & Reinvestment)
LOAD	Entry Load – Nil Exit Load Holding <> Holding >= 12 months - Nil