Professionally managed funds providing a consistent rate of return with careful risk management.

Quarterly Fund Update – December 31, 2016

For the quarter ended 31 DECEMBER 2016

Name of Fund: Midlands Mortgage Trust Group Investment Fund

What is the purpose of this update?

This document tells you how the Fund has performed and what fees were charged. It will help you to compare the Fund with other funds. Midlands Funds Management Limited has prepared the Fund update in accordance with the Financial Markets Conduct Act 2013. The information in it is not audited.