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You are managing a mutual fund. Your mutual fund has a policy, that you only vote proxies, if you agree with the management's position on

You are managing a mutual fund. Your mutual fund has a policy, that you only vote proxies, if you agree with the management's position on the proxy. Otherwise, you will forego voting the proxy. So long as you disclose this policy, is the policy consistent with Standard III Duties to Clients? Explain why or why not.

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