Investor Presentaiton

Classification - Based on Investment Style CB Passive Funds • Replicate a market index. Invest in same securities and in same proportion as that of index. • No active selection of any stock / sector. • • Expenses are lower. Portfolio is modified every time index composition changes. Active Funds • • • Invests in securities and sectors that may offer a better return than the index. Actively manage the allocation to market securities and cash. May perform better or worse than the market index. Incur a higher cost than passive funds. 11

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