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To invest in both onshore and offshore debt instruments issued, certified, avaled or guaranteed by government, organizations or agencies of governments, international organization, state enterprises and/or corporate, where such instruments or the issuer of the instruments be rated as “Investment Grade” rated by the credit rating agency approved by the Office of the SEC. In case that debt instruments is subordinated debt, such instruments must be rated only as “Investment Grade”." The fund will invest in Foreign securities not over 40% of its NAV
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