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- 2011-7-2
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- 2014-10-24
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Not 2 because the 30K is not an immediate outflow that needs to be satisfied from the 1M investable asset portfolio.
It just means that from the 1M available to invest and allocate to different asset classes that 30K of it must be allocated to assets that are very liquid i.e. cash and money market instruments.
The 30K is NOT reducing the investable asset base.. |
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