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All of the fund’s assets will be invested as follows: 1.Non-linked bonds traded in stock exchange a/o regulated market, with rest of period to redemption does not exceed 1 year, and if not issued by the state they will be rated AA (equivalent) or higher. 2.Short term loan issued by the state, traded in stock exchange, with rest of period which does not exceed 13 months. 3.ILS non-linked debentures, provided that the holding rate of deposits and cash will not exceed 50%. 4.The fund will not create exposure to: equities, forex, non-investment grade bonds and non-affinity to Israel bonds. 5.Sum of term deposits together with debentures will not exceed 25%. 6.Average duration of all the assets held in the fund will not exceed, at any time, 90 days. 7.All securities held in the fund will be ILS denominated and term deposits and cash in the fund will only be in ILS.
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