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The Bond Fund is a conservative type of investment dealing with short to long-term fixed income securities. The area of focus of the investment will include treasury bills or notes, and other government securities or bonds or other evidences of indebtedness fully guaranteed by the Republic of the Philippines, as well as savings or time deposits with government-owned or private banks. An adequate portion of the portfolio will be invested in cash or near cash assets to 7 ensure that redemptions will be adequately and immediately serviced. The mode of investment in the fund will be in the form of common shares.
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