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The Bidvest Prime Money Market Fund shall be a local Money Market portfolio. The investment objective of the portfolio is to maximise interest income, preserve the portfolio's capital and provide immediate liquidity. Investments to be included in the Bidvest Prime Money Market Fund will consist of Money Market instruments and assets in liquid form as is allowed in terms of legislation. The portfolio may also include participatory interests or any other form of participation in portfolios of collective investment schemes or other similar collective investment schemes as the Act may allow from time to time. Where the aforementioned schemes are operated in territories other than South Africa, participatory interests or any other form of participation in portfolios of these schemes will be included in the portfolio only where the regulatory environment is to the satisfaction of the manager and trustee of a sufficient standard to provide investor protection at least equivalent to that of South Africa. The manager will be permitted to invest on behalf of the fund in offshore investments to the extent that legislation permits. The trustee shall ensure that the investment policy set out in this Supplemental Deed is carried out by the manager. The manager reserves the right to close the fund to new investors to preserve the fund's ability to meet its objectives. The manager may, after the fund has been closed, open the fund again to new investors, at its sole discretion
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