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Obligation funds invest in bonds issued by private or state debtors; they may incorporate a wide variety of currencies. Interest rates may be fixed or variable. The term of the individual investments is an important factor for obligation funds, along with the currency risk and the debtor’s credit rating.

Term-Nr.: 605

German: Obligationenfonds (576)

Source: Swiss Fund Guide 2010 m. e. E., 20.04.2010

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