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These funds invest in a flexible combination of investments in the equity, bond, money and property markets. The underlying risk and return objectives of individual funds may vary as dictated by each fund's mandate and stated investment objective and strategy. These funds may be aggressively managed with assets being shifted between the various markets and asset classes to reflect changing economic and market conditions and the manager is accorded a significant degree of discretion over asset allocation to maximise total returns over the long term.
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