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The portfolio's investment universe is businesses that operate in Africa, and consists of equity securities, preference shares, debentures, debenture bonds, money market instruments, interest bearing securities, non-equity securities, property shares and property related securities listed on exchanges and assets in liquid form. The portfolio may also include securities on listed other exchanges, where such companies have their financial exposure to Africa. The portfolio will aim to have a minimum Africa equity exposure of 80% at all times.
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