0001193125-12-254815.txt : 20120531 0001193125-12-254815.hdr.sgml : 20120531 20120531104336 ACCESSION NUMBER: 0001193125-12-254815 CONFORMED SUBMISSION TYPE: 497K PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20120531 DATE AS OF CHANGE: 20120531 EFFECTIVENESS DATE: 20120531 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NUVEEN INVESTMENT FUNDS INC CENTRAL INDEX KEY: 0000820892 IRS NUMBER: 411418224 STATE OF INCORPORATION: MD FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 497K SEC ACT: 1933 Act SEC FILE NUMBER: 033-16905 FILM NUMBER: 12879588 BUSINESS ADDRESS: STREET 1: 333 WEST WACKER DR. CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 312-917-8146 MAIL ADDRESS: STREET 1: 333 WEST WACKER DR. CITY: CHICAGO STATE: IL ZIP: 60606 FORMER COMPANY: FORMER CONFORMED NAME: FIRST AMERICAN INVESTMENT FUNDS INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: SECURAL MUTUAL FUNDS INC DATE OF NAME CHANGE: 19910627 0000820892 S000033768 Nuveen Real Asset Income Fund C000104365 Class A NRIAX C000104366 Class C NRICX C000104368 Class I NRIIX 497K 1 d358584d497k.htm NUVEEN INVESTMENT FUNDS, INC. Nuveen Investment Funds, Inc.

Nuveen Real Asset Income Fund

 

LOGO

Summary Prospectus   |   February 29, 2012, as supplemented May 31, 2012

Ticker: Class A–NRIAX, Class C–NRICX, Class I–NRIIX

 

This summary prospectus is designed to provide investors with key fund information in a clear and concise format. Before you invest, you may want to review the fund’s complete prospectus, which contains more information about the fund and its risks. You can find the fund’s prospectus and other information about the fund online at www.nuveen.com/MF/resources/eReports.aspx. You can also get this information at no cost by calling (800) 257-8787 or by sending an e-mail request to mutualfunds@nuveen.com. If you purchase shares of the fund through a broker-dealer or other financial intermediary (such as a bank), the prospectus and other information will also be available from your financial intermediary. The fund’s prospectus and statement of additional information, both dated February 29, 2012, are incorporated by reference into this summary prospectus and may be obtained, free of charge, at the website, phone number or e-mail address noted above.

Investment Objective

The principal investment objective of the fund is to seek a high level of current income. The secondary objective is to seek capital appreciation.

Fees and Expenses of the Fund

This table describes the fees and expenses that you may pay if you buy and hold shares of the fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the fund or in other Nuveen Mutual Funds. More information about these and other discounts, as well as eligibility requirements for each share class, is available from your financial advisor and in “What Share Classes We Offer” on page 31 of the fund’s prospectus, “How to Reduce Your Sales Charge” on page 33 of the prospectus and “Purchase and Redemption of Fund Shares” on page S-68 of the fund’s statement of additional information.

Shareholder Fees

(fees paid directly from your investment)

      Class A      Class C      Class I  
Maximum Sales Charge (Load) Imposed on Purchases
(as a percentage of offering price)		      5.75%         None         None   
Maximum Deferred Sales Charge (Load)
(as a percentage of the lesser of purchase price or redemption proceeds)1		      None         1.00%         None   
Maximum Sales Charge (Load) Imposed on Reinvested Dividends      None         None         None   
Exchange Fee      None         None         None   
Annual Low Balance Account Fee (for accounts under $1,000)2      $15         $15         $15   

Annual Fund Operating Expenses

(expenses that you pay each year as a percentage of the value of your investment)

      Class A      Class C      Class I  
Management Fees      0.78%          0.78%          0.78%    
Distribution and/or Service (12b-1) Fees      0.25%          1.00%          0.00%    
Other Expenses3      0.68%          0.68%          0.68%    
Total Annual Fund Operating Expenses      1.71%          2.46%          1.46%    
Fee Waivers and/or Expense Reimbursements      (0.53)%         (0.53)%         (0.53)%   
Total Annual Fund Operating Expenses After Fee Waivers and/or Expense Reimbursements4      1.18%          1.93%          0.93%    

 

1 The CDSC on Class C shares applies only to redemptions within 12 months of purchase.

 

2 Fee applies to the following types of accounts under $1,000 held directly with the fund: individual retirement accounts (IRAs), Coverdell Education Savings Accounts and accounts established pursuant to the Uniform Transfers to Minors Act (UTMA) or Uniform Gifts to Minors Act (UGMA).

 

3 Other Expenses have been restated using current fees as if they had been in effect during the previous fiscal period.

 

4 The fund’s investment adviser has agreed to waive fees and/or reimburse expenses through April 30, 2014 so that Total Annual Fund Operating Expenses (excluding 12b-1 distribution and/or service fees, interest expenses, taxes, fees incurred in acquiring and disposing of portfolio securities and extraordinary expenses) do not exceed 0.95% of the average daily net assets of any class of fund shares. The expense limitation expiring April 30, 2014 may be terminated or modified prior to that date only with the approval of the Board of Directors of the fund.

Example

The following example is intended to help you compare the cost of investing in the fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the fund for the time periods indicated and then either redeem or do not redeem your shares at the end of a period. The example also assumes that your

 

Nuveen Investments   1

investment has a 5% return each year, that the fund’s operating expenses remain the same, and the contractual fee waivers currently in place are not renewed beyond April 30, 2014. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

     Redemption            No Redemption        
      A      C      I            A      C      I        
1 Year    $ 688       $ 196       $ 95          $ 688       $ 196       $ 95      
3 Years    $ 974       $ 653       $ 345          $ 974       $ 653       $ 345      
5 Years    $ 1,345       $ 1,204       $ 685          $ 1,345       $ 1,204       $ 685      
10 Years    $ 2,385       $ 2,706       $ 1,644            $ 2,385       $ 2,706       $ 1,644        

Portfolio Turnover

The fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the fund’s performance. During the fiscal period September 13, 2011 (commencement of operations) through December 31, 2011, the fund’s portfolio turnover rate was 65% of the average value of its portfolio.

Principal Investment Strategies

Under normal market conditions, the fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in securities issued by real asset related companies that are generating income at the time of purchase. Real asset related companies are defined as: (i) companies that are in the energy, telecommunications, utilities or materials sectors; (ii) companies in the real estate or transportation industry groups; (iii) companies, if not in one of these sectors or industries, that (a) derive at least 50% of their revenues or profits from the ownership, management, operation, development, construction, financing, or sale of real assets, or (b) have at least 50% of the fair market value of their assets invested in real assets; or (iv) pooled investment vehicles that primarily invest in the foregoing companies or that are otherwise designed primarily to provide investment exposure to real assets.

The categories of real assets on which the fund will focus its investments are infrastructure and real estate. Infrastructure consists of the physical structures and networks upon which the operation, growth and development of a community depends, which include water, sewer, and energy utilities; transportation and communication networks; health care facilities, government accommodations, and other public service facilities; and shipping, timber, steel, alternative energy, and other resources and services necessary for the construction and maintenance of these physical structures and networks.

The fund will invest in both equity securities and debt securities, but will not invest more than 40% of its net assets in debt securities. All or a portion of the fund’s debt securities may be rated lower than investment grade (BB/Ba or lower). Equity securities in which the fund may invest may be of any market capitalization and include common stock, preferred securities, hybrid securities and convertible securities, as well as interests in real estate investment trusts (REITs), exchange-traded notes (ETNs), other investment companies (including exchange-traded funds (ETFs)) and equity securities issued by master limited partnerships (MLPs). Debt securities in which the fund may invest include corporate debt obligations, mortgage-backed securities (MBS) and debt securities issued by MLPs.

The fund will invest in non-U.S. securities, but will limit its exposure to emerging markets to 50% of its net assets at the time of purchase.

The fund may utilize derivatives, including options, futures contracts, options on futures contracts, and forward foreign currency exchange contracts. The fund may use these derivatives to manage market or business risk, enhance the fund’s return, or hedge against adverse movements in currency exchange rates.

In selecting securities for the fund, the sub-adviser will utilize a team-based investment philosophy and primarily employ a bottom-up approach that relies on fundamental research by its Real Assets Team and its Taxable Fixed Income Team. The sub-adviser will complement its bottom-up approach with top-down research.

Principal Risks

The value of your investment in this fund will change daily, which means you could lose money. An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The principal risks of investing in this fund include:

Call Risk—If an issuer calls higher-yielding debt instruments held by the fund, performance could be adversely impacted.

 

2    Nuveen Investments

Convertible Security Risk—The value of the fund’s convertible securities may decline in response to such factors as rising interest rates and fluctuations in the market price of the common stock underlying the convertible securities.

Credit Risk—Credit risk is the risk that an issuer of a debt security may be unable or unwilling to make interest and principal payments when due and the related risk that the value of a debt security may decline because of concerns about the issuer’s ability or willingness to make such payments. In addition, parties to other financial contracts with the fund could default on their obligations.

Derivatives Risk—The use of derivatives involves additional risks and transaction costs which could leave the fund in a worse position than if it had not used these instruments. Derivatives may entail investment exposures that are greater than their cost would suggest. As a result, a small investment in derivatives could have a large impact on performance.

Equity Security Risk—Equity securities may decline significantly in price over short or extended periods of time, and such declines may occur in the equity market as a whole, or they may occur in only a particular country, company, industry, or sector of the market.

ETF Risk—An ETF is subject to the risks of the underlying securities that it holds. In addition, for index-based ETFs, the performance of the ETF may diverge from the performance of such index (commonly known as tracking error). ETFs are subject to fees and expenses (like management fees and operating expenses) that do not apply to an index and the fund will indirectly bear its proportionate share of any management fees and other expenses paid by the ETFs in which it invests.

ETN Risk—Like other index-tracking instruments, ETNs are subject to the risk that the value of the index may decline, at times sharply and unpredictably. In addition, ETNs—which are debt instruments—are subject to risk of default by the issuer.

High Yield Securities Risk—High yield securities generally are less liquid, have more volatile prices, and have greater credit risk than investment grade securities.

Income Risk—The fund’s income could decline during periods of falling interest rates.

Infrastructure Sector Risk—Because the fund invests significantly in infrastructure-related securities, the fund has greater exposure to adverse economic, regulatory, political, legal and other changes affecting the issuers of such securities.

Interest Rate Risk—Interest rate risk is the risk that the value of the fund’s portfolio will decline because of rising interest rates.

Master Limited Partnership Risk—An investment in an MLP exposes the fund to the legal and tax risks associated with investing in partnerships. MLPs may have limited financial resources, their securities may be relatively illiquid, and they may be subject to more erratic price movements because of the underlying assets they hold.

Mortgage-Backed Securities Risk—A mortgage-backed security may be negatively affected by the quality of the mortgages underlying such security, the credit quality of its issuer or guarantor, and the nature and structure of its credit support. The downturn in the housing market and the commercial real estate market and the resulting recession in the United States have negatively affected, and may continue to negatively affect, both the price and liquidity of certain mortgage-backed securities. These securities generally can be prepaid at any time. Prepayments that occur either more quickly or more slowly than expected can adversely impact the fund. Mortgage-backed securities are also subject to extension risk, which is the risk that rising interest rates could cause mortgages underlying the securities to be prepaid more slowly than expected, resulting in slower prepayments of the securities.

Non-U.S./Emerging Markets Risk—Non-U.S. issuers or U.S. issuers with significant non-U.S. operations may be subject to risks in addition to those of issuers located in or that principally operate in the United States as a result of, among other things, political, social and economic developments abroad and different legal, regulatory and tax environments. These additional risks may be heightened for securities of issuers located in, or with significant operations in, emerging market countries. Also, changes in currency exchange rates may affect the fund’s net asset value, the value of dividends and interest earned, and gains and losses realized on the sale of securities.

Other Investment Companies Risk—When the fund invests in other investment companies, you bear both your proportionate share of fund expenses and, indirectly, the expenses of the other investment companies.

Preferred Security Risk—Preferred securities are subordinated to bonds and other debt instruments in a company’s capital structure and therefore will be subject to greater credit risk than those debt instruments.

 

Nuveen Investments   3

Real Estate Investment Risk—The real estate industry has been subject to substantial fluctuations and declines on a local, regional and national basis in the past and may continue to be in the future. Also, the value of a REIT can be hurt by economic downturns or by changes in real estate values, rents, property taxes, interest rates, tax treatment, regulations, or the legal structure of the REIT.

Smaller Company Risk—Small-cap stocks involve substantial risk. Prices of small-cap stocks may be subject to more abrupt or erratic movements, and to wider fluctuations, than stock prices of larger, more established companies or the market averages in general. It may be difficult to sell small-cap stocks at the desired time and price. While mid-cap stocks may be slightly less volatile than small-cap stocks, they still involve similar risks.

Fund Performance

Fund performance is not included in this prospectus because the fund has not been in existence for a full calendar year.

Management

Investment Adviser

Nuveen Fund Advisors, Inc.

Sub-Adviser

Nuveen Asset Management, LLC

Portfolio Managers

 

Name

     

Title

     

Portfolio Manager of Fund Since

Jay L. Rosenberg      Managing Director      September 2011
John G. Wenker      Managing Director      September 2011
Jeffrey T. Schmitz, CFA      Vice President      September 2011

Purchase and Sale of Fund Shares

You may purchase, redeem or exchange shares of the fund on any business day, which is any day the New York Stock Exchange is open for business. You may purchase, redeem or exchange shares of the fund either through a financial advisor or other financial intermediary or directly from the fund. The fund’s initial and subsequent investment minimums generally are as follows, although the fund may reduce or waive the minimums in some cases:

 

      Class A and Class C    Class I
Eligibility and Minimum Initial Investment   

$3,000 for all accounts except:

 

•  $2,500 for Traditional/Roth IRA accounts.

 

•  $2,000 for Coverdell Education Savings Accounts.

 

•  $250 for accounts opened through fee-based programs.

 

•  No minimum for retirement plans.

   

Available only through fee-based programs and certain retirement plans, and to other limited categories of investors as described in the prospectus.

 

$100,000 for all accounts except:

 

•  $250 for clients of financial intermediaries and family offices that have accounts holding Class I shares with an aggregate value of at least $100,000 (or that are expected to reach this level).

 

•  No minimum for eligible retirement plans and certain other categories of eligible investors as described in the prospectus.

Minimum Additional Investment    $100    No minimum.

Tax Information

The fund’s distributions are taxable and will generally be taxed as ordinary income or capital gains.

Payments to Broker-Dealers and Other Financial Intermediaries

If you purchase shares of the fund through a broker-dealer or other financial intermediary (such as a bank or financial advisor), the fund, its distributor or its investment adviser may pay the intermediary for the sale of fund shares and related services. These payments may create a conflict of interest by influencing the broker-dealer or other financial intermediary and your salesperson to recommend the fund over another investment. Ask your financial advisor or visit your financial intermediary’s website for more information.

 

MPM-RAI-0512P

 

4    Nuveen Investments
 GRAPHIC 2 g358584g53z66.jpg GRAPHIC begin 644 g358584g53z66.jpg M_]C_X``02D9)1@`!`@$`8`!@``#_[0NB4&AO=&]S:&]P(#,N,``X0DE-`^T` M`````!``8`````$``0!@`````0`!.$))300-```````$````'CA"24T$&0`` M````!````!XX0DE-`_,```````D```````````$`.$))300*```````!```X M0DE-)Q````````H``0`````````".$))30/U``````!(`"]F9@`!`&QF9@`& M```````!`"]F9@`!`*&9F@`&```````!`#(````!`%H````&```````!`#4` M```!`"T````&```````!.$))30/X``````!P``#_____________________ M________`^@`````_____________________________P/H`````/______ M______________________\#Z`````#_____________________________ M`^@``#A"24T$"```````$`````$```)````"0``````X0DE-!!X```````0` M````.$))300:``````!M````!@``````````````-@```*<````&`&<`-0`S M`'H`-@`V`````0`````````````````````````!``````````````"G```` M-@`````````````````````````````````````````````X0DE-!!$````` M``$!`#A"24T$%```````!`````(X0DE-!`P`````"04````!````<````"0` M``%0```O0```".D`&``!_]C_X``02D9)1@`!`@$`2`!(``#_[@`.061O8F4` M9(`````!_]L`A``,"`@("0@,"0D,$0L*"Q$5#PP,#Q48$Q,5$Q,8$0P,#`P, M#!$,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,`0T+"PT.#1`.#A`4#@X. M%!0.#@X.%!$,#`P,#!$1#`P,#`P,$0P,#`P,#`P,#`P,#`P,#`P,#`P,#`P, M#`P,#`S_P``1"``D`'`#`2(``A$!`Q$!_]T`!``'_\0!/P```04!`0$!`0$` M`````````P`!`@0%!@<("0H+`0`!!0$!`0$!`0`````````!``(#!`4&!P@) M"@L0``$$`0,"!`(%!P8(!0,,,P$``A$#!"$2,05!46$3(G&!,@84D:&Q0B,D M%5+!8C,T)E\K.$P]-U MX_-&)Y2DA;25Q-3D]*6UQ=7E]59F=H:6IK;&UN;V-T=79W>'EZ>WQ]?G]Q$` M`@(!`@0$`P0%!@<'!@4U`0`"$0,A,1($05%A<2(3!3*!D12AL4(CP5+1\#,D M8N%R@I)#4Q5C+RLX3#TW7C\T:4 MI(6TE<34Y/2EM<75Y?569G:&EJ:VQM;F]B7I[?'_]H`#`,!``(1 M`Q$`/P#U5))))2DDDDE*22224U>HY%U%`^S[/7N>VJIUDEC7/.WU+&M+'6>F MW])Z6^OUOYGU:=_JJE9]6\7*;'4 M#D]>917KNKP\.MCC_P!>S'YNW_MI6L+H%'2Z[K\,NRNJV5N8,[.>ZVUY^E77 M;=]*O%]39^@QF55?\%O24\JWZY,Q.L.R_K31DX&516:\'IVUKZ#8YVRVS%RA MMQ[KF4^E79EWW555>ODT?HJ_Y[:^R?6SK6S(LZC7T;!L:'-QL$-R+G-<)_2= M1N;Z-=G[OV2E]?\`PMJT>G?5SI^'B64Y#1GW96N;D9(#W7$DV.#VOW,91ZKW MOJQ6?H*O^,]1ZI,^IE&"]]G0,_*Z/O)=]GJ^O9F6W?9W^FUWHW8SZ?3L_G_M%/Z!3I'UKI?MN.!FUZ`/;ZN*[^LY MG^4F(SNGY>8YAZCYS\EC'-_F_3QZO\`3UW)*?_0 MZ9GUSRVGJV)D5U59F']J?TVTAWHY3<.?M-36>IZC_P!3_A/^#6=D?4FO,Z/G M]/SB]S)W[/:DIS*^L]3LP?J_D#T`_K#V"\;'D-%E%W4/T/Z7 M\QF/Z'O_`'_6_P""4^M]9S^E]7Z546U?LSJ-_P!EMNF59N?7D8G1A.*RJ@U/>X5/PJGY-KK[V_HL>ZSV4U5> MI9^D_P"#6AUWI%?6>EW8#K#0]\.IO:)=5;61;CWM$M_FK6,=]+W_`$$E(^C= M1S>H9/4G6-8,+&R78V(]K7->\U>W*>_>YS',KR-^,ST_S\>U8E7UGZO?G=1Z M=5D]-9U#"O-&+AW!S'Y4-;=-,=@:Z MP\O>?==>_5WZ2^US[K/Y;UAXW1^HU9G6Z^F]8Q:[LV_UKV?9G66X[K:VLHU; MG5M]3T6,L9ZE7O?^D]/T_P!&DIO_`%LZOF=%Z,_J6**G.J?6U[+@XM(ML9CS MOK>ST_3]7U/ST3HO4,G.?;8,O#ZA@@-%65A2!ZH+O7IM9Z^6WVL]%];V6IOK M%T9_6>CGIM62,;<^I_K/8;C%+V7M]OJT?3?4SW[T;#Q^ILRGY&?FU7L;7L93 M12:&-).]]MOJ9&6ZRS:&-9_-^G_UQ)3FYGUGLZ?]9?V9EUM_9]M=.S-8#^AO MO==7CT9GO=^BR/LS_2R&>GLLV4V?Z5:'0,[,S\%]^9Z8L;D9%`;4US`!CW68 MZO'-EK[6V>LYUSF MNR_YRJFKT/T*N?5[I'[%Z35TS[0(U3I*?__1]527RJDDI^JDE\JI)*?JI<3F[/5S?MVWT?V_3]LW_0V_9EO]??7ZO]#_0_Z/U/ M1_1?SGV#V?:ESOU?_97VC&^QS]H](^A]GV?:MW[-_1_R/M'VO]O_`&C_`+O? M9_M/Z/[*O)TDE/K%W[/_`.:V+_-;=F5ZOT=G[1_9W^3?5];]#O\`V?\`1]/_ M`+5^A_VH]9;^7^S_`-H=6]/[+Z?[&QOL_P!HW3Z'Z]ZW\Q^N^E]F_G?3_3_S M:\(224_2'U0]/]@T;/WK)GZ4;W>CO_PO]']'9]I_6_2]/[5^G]1;2^54DE/_ MV0`X0DE-!"$``````%4````!`0````\`00!D`&\`8@!E`"``4`!H`&\`=`!O M`',`:`!O`'`````3`$$`9`!O`&(`90`@`%``:`!O`'0`;P!S`&@`;P!P`"`` M-@`N`#`````!`#A"24T$!@``````!P`(``$``0$`_^X`#D%D;V)E`&1````` M`?_;`(0``0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$! M`0$!`0("`@("`@("`@("`P,#`P,#`P,#`P$!`0$!`0$!`0$!`@(!`@(#`P,# M`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,# M_\``$0@`-@"G`P$1``(1`0,1`?_=``0`%?_$`((```("`P`#`0`````````` M```)!P@%!@H!`@,$`0$!`0$``````````````````0(#$```!P$``04```4" M!@,````!`@,$!08'"``1$A,4"2$5%A<*,2)1,D(C)G:W&3D1`0$``00"`@,! M```````````!$2$Q40)!$F$R@2)"6J6"8Y7+#9ZDIT)HM+_`+G6_39^I3KFMS9L M7RTEGK4+%4B*L,.]9C9;(Y'Z&Z M6NNJT\3'*ND<"&!B\K[=;OU1ZU_<'NOB*PYEC8U-U,#J$"UD?ZB MRK)=!TNXP%<@H5P5O*6MBE.OW0),F3=JY;F/69NYC?9'ZF3VZ= M+R)4&U4Y@PZ.7O6M3$M(,E7D0UFHV&1?$I[1X0J:AC/`%Z9LL59LT=`)2FN6 M9UM_PLQE[&C: M3ME3D+]J"JRJ:A1,46AP34":M?I/E,47^']XT)!1QUQ^H?>NXR$BCZ2\)3-+ M4RO/W'R+H.5HTE1E%=);I0WR)F`4FQV?O'VG`$Q+[18^3VXZQ-U1_&')L^;N M$Z!V7^D](=.')'8OZQU_8HM3Y2$*7VKQR=<-`22*BB*)U$WC-R104"%.`I^X MAF$]OB)T!YT;AJ4?B&U;!.:7GVT.97)\J[!K]=I%4VO'+[;8)\SH3#7:FWA% MZYF-OGRQE5M4 M9I->C$7*[1!R5^PG/NL%$/>W`ZD:LMUAHC9RW>-T';1=%TT=(I.6KILJ1=NY M;KD*J@N@ND8R:R*R9@,4Q1$IBB`@/IY6497O=,2RYLY>:9L669TS9BH5XZO> M@U*HMFID0(98KE>P2\>D@*152B8#"'M`P>O^H>#%X+CV;]K^%L\EVE!R2\3' M8&U3ZJK"EX_R?".MAF[5+BD<6K1K:(`%:,FW.L`?,9*1<.DT?S5;).735VZ(7ZS_`$S)]7.I4/R]9][[2^Z$_-^#O7%.8?W` MO<[$](MYNQ4G,%ZRS2956CU7G/.6",5J$U-OBPAYJQ39):)K\5+2DE#M2N2L M&PC,-^V)BIFYY;_H%^#+NSIZ[QG0^J.=K;8I6PZ%T]SS%R$WM+9B\H M05RDR-RCF.INTU2M<]4]@PS5-NM14%7-*QJLX[JE&VUA`V&93] M&*^KZ"[IK)E#UY!0\BT9OAF'B:+)%`799R__T>_CP#P#P#P#P#P#P#P#P#P( M)WWF+GSJ6IA2.A<@HNMUQ(RRC!K<(-L^?0CAPF"2[VMSB8(3M8D5$@]HN8]R MV<>W^'O]/"RV;$_SO^-S^<04H7T=5"F[.Z/7#B)%DCF4);H&V M2[H3MUA2'YWBH?&'IZ?Q-ZS$7W[)"S__`!Y_RNHK].3>838=!=-W'V6I=`U; M1I%@@<`2`J:D/!V&NPTDW)\9A^-XW2>MTVLFMG-`K%2D)A%+X?9_/96&C6DG.J^K=,14>++J&$A1$PB`>5+ M;=ZRN\8W!]`Y79\>M4W9H.H7?^41UR_I*2+#R\_46TY&R=EI"TI\"Z[.`OT. MR6A9<4/C=*1+]RFBJBJL0 M;<\6UE$[:1V2SNY!VR51DGDQ8#/EE'C]18SYPLH94ZHJ#[_"?+__TNN#)OTZ MP'3NR=&X+FJWI^-])9W'HR1:IK3+/&<9?&ZU?CKA\>>SU#TB_,9V0)2Y=M,B MT6%HZ-&G46(F;ZSL$&5];C/AN\'W+`3O95@XB2P7?&6EUFA(ZM+W)\GB`9>C MF#V?+6(N[IR[+;WML68RLZ8$$6!849HO\3JLDTR'.48TSEOO8?5E7XMPVT=" M7[/M,ON?T?Z"UR_MLD'T-/I,Z7?[Q"1S.<37]&Z3V0;.RB01611()#&%F+A5 MGG_]/\MZ%ZWU+BJ&Q'H;/]IQ=C+RNC(:8RQ")@82(B7<4Q++LEJWN=LGK-%R M;B?COK.(J.>I"E(-U5!314!0)E;UQ,Y2-5^]*+;NW+QP?$Y'MIM0SBEH:'=+ MT9GE"V20%.D4(U6!E9"=8:T]MS=W9%9IFFRC3P994X.`64;)M4UETJF-,LIW M)V]2>!\E/N.I9;L-[S-A(1T99;!DS7+Y-2IO)J4CX6!),1%[U//9EX2:DY$B M21XQO(%2$IA<"B7VB829N$///TN;PE(R/5;;Q1VA4\AV>6RB.K&IOF'+%@JD M,RVB7K4+0[)>FE#ZIM]NI5=?O+ MTIJR5SSK^LT%UE1+II?/?$/;FD4S/KE+Y[:Y-DSY&A'3&YP47#S,M7V<%:.N MX.P3KUE&S[-4PL&KI,?L%*4PF]2A,M7KC>Q?3FO?:QU!B=(W2G5R[T^OWE*= M%M5M)AX^`O<`\K=GFZA,Q5GA8J9L#"-E&4U`."'23>+^T`#W"!O4I:EF+A5O MH_\`3C`>2>C\FVFDKWFK-VF^WZ[R]IN$978,.W;1YOHZW!0`>`> M`>`>!__38AI?#+KN+M?]@)G)[,[H/9O,FU>R/U&UR^:WG\CF6 MWYYP+7\0W.I/F)HQ!KK&;[ZBUL[Z+C5C?=BF,J600<'8N"E5CG:BS0#+IH$< MK(G:8DX-K_8YM]K\P>T4O@^S[<:DW/Q_%\WM^G+P[OY_9[3>GU?@^7W?]'L] MWJ'IZ^+LG7[15#/K!`K_`..2_D49F+4CR_EMIM?%\5^U^H$\WP:UU5>&^Q\O MQ?S1.SI&CA;^OR_=#X/;\G^WQX7^_P`KS_EFV<-?S@X>2=(+-E#:K1V:VF?9#;.7)%4_0'C%=FU.4[>)PUC_(L__*;;_P#W/%/_`)8JGB[+ MT^S8>.ZUNF"\GY_OG7G9E0UGDJO\?T.UCB(\G5:JJTF,:4>E6*L"6ZPURM]H MT.3K$2P-'-F7\J^S-/ETE$R%<`DD)+BW$FITOE9L.VVTX9V;`X M)ED/W1IC6WY1(.;= M`UC5,CJUNB-"W16$<:Y:K5L>TZA)WMU6SR)J^\FQU/0KH@9]")R[I)JND1-9 M!NN=$A@2'V>%MM9^NN0[]A(,3 M2D`1[_3ZTV0\2T2-(_6!ZHW:I)&5$A`#P9N,>$X3\#!VJ"FJO9H>,L-;LD3( MP-@@)IBVDX:<@YAFM'RT/+1KQ-9G(1DFP<*(KH*D.FJD#:Y9?$LU5L1;8OB`;]O!L.IA'U'PB MNO:V(SDXIE=BKMBG8RO MQ[==[]$YG2)ET$U2H'721,4LMETW50IOYR_FOH698U9X>O:59X3= M)>@*HJ%,4IPK):U)_);\Z\W@+`AG%-TJA59[*24I:D:3VCV%5H!W-@BDRF)& MP)P70S&.<2@(-2(N5G("M[$RD./H4`"8C7MV74Q#*<*Y;Q6G97C;"&S_`!>H M$E!J3!>VRLY&M@M5AE[;*+A:[C.SDQ+K3-BGG;LRKE\X4.HN;VF]H%`*ES;\ MJS[GG'!N1[1GW>VX34C#:S&/H[/O<]#[EIL+6WVE8%*/[UC=["R*0 MDC$MY!FDC)B+AC),VUCJC@JR"YD'97+1-8"*D]AC&$XS=8LJVDHYXX=M6C]D MZ=,/K?>;-G2"[AG]Q`'+3[:*2AE&_P!IL8%$_>`>\@^XOJ'\?"/R)V&`6;2+ MU&![!/P1D'[DL MU$F;11"*2C@)%F*$:FH@5TFH_5!;XV9#M3@H`J"4!3$#!_`?7P(RQ_H+&=]I M#W2,AT"$NE&CYBT0;RRL@>L(Y!_3)R5KEC,)IEI&JFCF,Q!NTB/2E%DY*@91 M!51+T.(PE*+F(B<;"]A92.EV8*F0%W%OFT@V!8@%,=$5VBJR0*D*_CP#P#P#P#P#P#P%G_`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` end