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The Standard Bank Namibia Income Fund is a unitized investment vehicle which invests in a wide range of local government and corporate bonds, gilt-edged securities, fixed deposits and money market assets. The Fund's main objective is to achieve a reasonable level of current income and maximum stability for capital investments. It has no minimum investment duration and a maximum weighted average duration of two years. This allows the manger to actively seek out the best investment opportunities. In terms of the Fund's rules, a minimum of 35% of the Fund's assets must be invested in Namibia at all times....Read more
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