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The fund invests at least 80% of average Net Asset Value in fixed income securities issued or guaranteed or avaled by government or state-owned enterprises, and/or other assets as specified in SEC regulations. Apart from investments specified above, the fund may invest in deposits, promissory notes, or certificate of deposits issued by financial institutions or bank established under specific law. The fund may also enter into reverse repurchase transactions, or securities lending transactions where the securities being lent are fixed income securities. The investments are subject to SEC regulations.
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