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The investable universe of the portfolio will be property securities, property collective investment schemes, property loan stock, Real Estate equity, fixed interest securities debentures, preference shares, non-equity securities, derivatives, and assets in liquid form. The portfolio may from time to time invest in listed and unlisted financial instruments, in accordance with the Act, and the Regulations thereto, as amended from time to time, in order to achieve the portfolio's investment objective. The Manager may only include forward currency agreements, interest rate and exchange rate swap transactions for efficient portfolio management purposes.

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