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A Exposure to bonds no < 50% net value fund assets (Subject to Section 5 below) B Provisions of (A) can be changed by correcting Fund Agreement w/out approval of mtg of unit owners C Subject to above legal provisions fund manager may invest fund means @ absolute discretion & is well qualified to determine cash amt in fund assets 2 Until otherwise decided by Board of Directors of Fund Manager: a) Index - Tel-Bond 20 Index, by Tel - Aviv Stock Exchange b) Fund's purpose: obtain results as similar as possible to extent possible change in rates c) Fund manager intends to work towards exposure to each of bonds included in index, when calculated % of net value fund assets will be as close as possible to share of bond index, but fund manager isn´t obligated to do so d) Exposure to bonds w/in index will no < 90% net value of fund assets e) At least 90% net value fund assets will be included in index bonds
Name | Title | Since | Until |
---|---|---|---|
Not Disclosed | - | 2009 | 2019 |
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