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A Exposure to bonds no < 50% net value fund assets (Subject to 5 below) B Provisions of (A) can be changed by correcting Fund Agreement w/out approval of unit holders mtg C Subject to above & legal provisions fund manager invest fund means @ absolute discretion, & is well qualified to determine cash amt in fund assets 2 Until decided otherwise by board of fund manager: a) Index - Tel Bond Shekel fixed interest rate, as published by Tel - Aviv Stock Exchange b) Fund's purpose - obtain results as similar as possible to rates of change in index c) Fund manager intends to manage exposure to bonds included in index for exposure to all bonds in index, will be as close as possible to share of each of such bonds in index, but fund manager isn´t obligated to do so D At least 90% net value fund assets will be included in bonds
Name | Title | Since | Until |
---|---|---|---|
Not Disclosed | - | 2009 | Now |
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