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Saturday, July 8, 2006

Global bond fund earns average of 4% return

EDITED



Our Global Bond fund earned about 4% return, after conversion into Singapore $, as follows:

Global
Yield(YTM) Bond

2003 3.60%
2004 3.47%
2005 4.03%
2006 (6m) 4.01%

The average yield to maturity of the investments on the fund is 3.99%.

Investors who wish to have a more stable modest return can consider the Global Bond fund.

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