IMGA Ações Portugal investment policy change

I received an email from bison about the fund changing rules, here’s the old version

b) To carry out this policy, the Fund will invest its capital, directly or indirectly (namely through certificates), in equities of Portuguese companies and may also invest up to a maximum of 10% of its total net value in shares of companies in the Eurozone, listed on regulated markets operating in EU countries and in some Organisation for Economic Cooperation and Development (OECD) countries.

And new

b) To carry out this policy, the Fund will invest its capital, directly or indirectly (namely through certificates), in equities of Portuguese companies and may also invest up to a maximum of 20% of its total net value in shares of companies in the Eurozone, listed on regulated markets operating in EU countries and in some Organisation for Economic Cooperation and Development (OECD) countries.

So a bump from 10% to 20% for non Portuguese investments

I believe they are allowed 10% in non eurozone investments. Which puts us at 70% Portuguese investments.