Given the recent performance of our Cash+ portfolio, we would like to provide an update to investors. Over the past three trading days (12 to 14 April), Cash+ has seen a drawdown of 0.18%. The volatility in recent days has primarily been caused by corporate bond exposures within the LionGlobal Short Duration Bond Fund. We are in close touch with LionGlobal and the fund managers. While periods of modest volatility are to be expected, the chances of sustained or permanent losses are low given that the underlying investments of Cash+ are high-quality bonds. As a reminder, while Cash+ is a low-risk product, it is not risk-free. To earn an enhanced return above bank deposit rates, the underlying funds are exposed to government bonds, commercial bills and high-quality corporate bonds which are traded daily and therefore subject to market volatility. For example, between the launch of Cash+ and 31 March 2021,...