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From The Glossary »

Flexible Funds:

These are funds that invest in a flexible combination of assets in the equity, bond, money market and property markets, in order to maximise total returns (comprising capital and income growth) over the long term. These funds are often aggressibley managed, with assets being shifted between the various markets to reflect changing economic and market conditions, in order to maximise returns. Fund managers have no material restrictions governing their ...

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