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The investment objective of the Absa Prudential Money Market Fund is to provide a medium whereby investors can obtain undivided participation in a diversified portfolio of such money market instruments as defined by the law as it changes from time to time. The primary performance objective of the portfolio is to obtain as high level of current income as is consistent with capital preservations and liquidity. Capital gains will be of an incidental nature.
This portfolio will be managed in accordance with Regulation 28 of the South African Pension Funds Act and Regulations 29 and 30 of the Medical Schemes Act.
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