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The investment objective of the Sub-Fund is to invest in U.S. Dollar cash holdings consistent with the preservation of capital and provision of liquidity. The Sub-Fund will invest in cash deposits and short dated money market securities globally. Such money market securities may include, without limitation, short term commercial paper, bankers’ acceptances, government securities and certificates of deposit, securities issued by or on behalf of or guaranteed by the government of the U.S. or by other OECD sovereign governments or by their sub- 3 divisions or agencies and securities issued by public corporations, local authorities, banks or other financial institutions or corporate issuers.
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