Introduction to the MGTS Qualis Funds

MGTS Qualis Defensive Fund

The investment objective of the MGTS Qualis Defensive fund is to provide capital growth, with the potential for income, over any 3-year period.  There is no guarantee that the objective will be achieved, and capital is at risk.

The fund will include exposure to bonds (which may include government, corporate, sub-investment grade & inflation linked), shares, derivatives, alternative assets (such as property, infrastructure, and commodities), to create a defensive investment strategy.

Under normal conditions, the highest level of the MGTS Qualis Defensive fund’s exposure will be to collective investment schemes that provide exposure to bonds or have an investment objective of providing a positive return in any market conditions over a specified time horizon, although this return is not guaranteed.

The MGTS Qualis Defensive fund does not have a performance target and is not constrained by any index, IA sector or similar factor.  The IA (Investment Association) Mixed Investment 0-35% Shares Sector is used as the comparator.

MGTS Qualis Growth Fund

The investment objective of the MGTS Qualis Growth fund is to provide capital growth, with the potential for income, over any 7-year period.  There is no guarantee that the objective will be achieved, and capital is at risk.

The MGTS Qualis Growth fund will provide exposure to shares across any economic sector and geographic area. The fund is expected to be fully invested in shares, which means that although exposure to cash will vary depending upon prevailing circumstances it would not normally exceed 10% of the total value of the sub-fund. Unless market conditions were deemed unusually risky, the increased exposure and period would not be expected to exceed 25% and six months respectively.

The MGTS Qualis Growth fund does not have a performance target and is not constrained by any index, IA sector or similar factor.  The IA (Investment Association) Global Sector is used as the comparator.