Deutsche Mutual Fund will unveil a new open ended overseas fund of funds scheme, India Infoline reports. The DWS Gold & Precious Metals Offshore Fund will seek to invest in units of the DWS Invest Gold & Precious Metals Equities Fund. The scheme, which is benchmarked against the S&P BMI Global Gold and Precious Metals Index, may also invest in different share classes of the same fund or the units of other similar overseas mutual fund schemes. The fund will be managed by Kumaresh Ramkrishnan.
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