MI Global Portfolio Defensive Acc 

The objective of the Sub-Fund is to achieve a combination of capital growth and income over rolling 5-year periods. The Sub-Fund typically has 25% indirect exposure to equities and 75% exposure to other assets, being indirect exposure to bonds and alternatives (such as commodities, loans, hedge funds, private equity and property) and direct and/or indirect exposure to deposits, money market instruments, cash, near-cash. Indirect exposure is through collective investment schemes, such as unit trusts, OEICs, exchange-traded funds and closed ended schemes.