Examples of Authorized Investments in a sentence
The base currency of the Scheme shall be Pakistani Rupee; it being clarified, however, that the Authorized Investments may be denominated in Pakistani Rupee or (subject to applicable law) any other Foreign Currency.
Exposure to the Authorized Investments shall be determined based on the fund manager’s outlook on the economy, the Capital / Money market and any other factor considered important by the Management Company towards effective discharge of its duties under the Regulations, the Deed and this Offering Document.
The investment policy of the Scheme shall select instruments from within the specified Shariah Compliant Authorized Investments and invest only in asset classes mentioned in the Offering Document.
The Scheme shall construct a diversified portfolio of equity and other Authorized Investments.
Pending the use of Bond proceeds, the same shall be invested and reinvested by the Treasurer of the County in Authorized Investments.