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less than one year, invest in instruments with maturity period close to the term of the fund, and the portfolio of which has no material changes throughout the scheme. Authority of the SEC Fund managers
circumstances except for a money market fund (MMF), fund of funds (FoFs), feeder fund, an index fund, and exchange traded fund (ETF) : (2.1) The number of investment units redeemed exceeds two-thirds of the
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