An official draft guideline gives the fund the green light to invest in the stock market but restricts the maximum proportion of investment in stocks and equities to 30 percent of total net assets.
Stocks moved little following an afternoon speech by Federal Reserve Chair Janet Yellen that said a rate hike would be appropriate this year if the economy improves. She noted that first quarter weakness was largely transitory and that it would take several years for rates to return to normal.
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