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The Select BCI Fixed Income Fund is a South African Income Fund. The objective of this portfolio is to maximize interest income and preserve the portfolio's capital and provide liquidity. Investments to be included in the Select BCI Flexible Income Fund will apart from assets in liquid form, consist of interest bearing and non-equity securities, fixed interest instruments (including but not limited to bonds, cash or fixed deposits and money market instruments), debentures and preference shares of an income nature, property securities as well as other income enhancing securities which are considered consistent with the portfolio's primary objectives.
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