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105 Statement as on June 30, Statement of Down Graded Investments Name of the Fund Life Fund Periodicity of Submission Quarterly  Form

105 Statement as on June 30, Statement of Down Graded Investments Name of the Fund Life Fund Periodicity of Submission Quarterly Form

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Moody has downgraded the US credit rating Outlook to negative from stable citing concerns over substantial fiscal deficits and a decline in debt affordability the move following a similar action by Fitch earlier this year Drew criticism from the Biden Administration the ratings firm cited Rising interest costs and a large fiscal deficit as reasons for the downgrade Moody expressed worry about continued political polarization in Congress raising the risk of lawmakers failing to reach a consensus on a fiscal plan to address declining debt affordability

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