MGTS Progeny Systematic ProFolio Bond Fund 

The objective of the Sub-fund is to provide income, with the potential for capital growth over any 3-year period. A systematic approach is used to provide exposure to bonds across any economic sector and geographic area. A systematic approach is defined as using a methodical rule-based investment process to create the asset allocation and underlying investment selections.To provide the above exposure, a minimum of 70% of the Sub-fund will be invested in active and/or passively managed collective investment schemes (which may include schemes operated by the ACD, associates or controllers of the ACD).