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LGIP |
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LGIP managers attempt to minimize exposure to interest rate fluctuations over time, as well as market and credit risk. The balance of the pool continues to invest in high quality assets consistent with Fitch rating criteria for LGIPs. Fitch will continue to monitor the developments of SoCalEd and evaluate the impact on The Pool, as well as actively review all of its rated money market funds and LGIPs that may have exposure to the California utilities market. |
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