| English term or phrase: market timing | | Market timing generally. The Company discourages short-term or excessive trading, often referred to as “"market timing”", and intends to seek to restrict or reject such trading or take other action, as described below, if in the judgment of the Company or Transfer Agent such trading may interfere with the efficient management of the portfolio of any Fund, may materially increase the Fund’s transaction costs, administrative costs or taxes, or may otherwise be detrimental to the interests of the Company and its Shareholders. |
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