In order to achieve the objective, the will managed in compliance with the prudential investment guidelines for retirement funds in South Africa to the extent the allowed for by the Act. Investments to be included in the portfolio may comprise a combination of assets in liquid form, money market instruments, interest bearing securities, bonds , debentures, corporate debt, equity securities, property securities, preference shares, convertible equities, convertible debentures and non-equity securities. The fund may from time to time invest in listed and unlisted financial instruments, in accordance with the provisions of the Act as amended form time to time. The portfolio's equity exposure will be limited to a minimum of 60% and maximum 75% of the portfolio net asset value. The Absa Multi Managed Core Growth Fund will be a Multi Managed portfolio.