Macquarie Fund Solutions - Macquarie Corporate Bond Fund A USD Acc

Objectives and investment policy Objective: To provide investors with a total return comprising both income and capital appreciation by investing globally in fixed- and floating-rate investment grade corporate bonds. Portfolio Securities: Under normal conditions, Macquarie Corporate Bond Fund (the "Sub-Fund") primarily invests in fixed- and floating-rate investment grade corporate bonds listed or traded on regulated markets worldwide on a global basis. The Sub-Fund may also invest (i) at least 75% in investments which meet the binding environmental, social and governance criteria, (ii) up to 20% of its net assets in bonds that are rated below investment grade, (iii) up to 35% of its net assets in nonUS securities, (iv) no more than 15% of its net assets in securities of issuers in emerging markets and (v) up to 10% of its net assets in contingent convertible bonds. The Sub-Fund may purchase participation in or assignments of floating-rate that are liquid and qualify as money market instruments. The Sub-Fund may invest in financial derivative instruments for currency hedging purposes and for efficient portfolio management. The Sub-Fund may be leveraged up to 30% of its net asset value as a result of its use of derivative instruments. Investment Process: The Investment Manager is actively managing the Sub-Fund and has all discretion with respect to the composition of the portfolio. The Investment Manager manages the Sub-Fund to be a high quality, research-driven corporate bond fund designed for long term growth. The Sub-Fund promotes environmental and/or social characteristics, as further described in the Prospectus. Designed for: This Sub-Fund may not be appropriate for investors who plan to withdraw their money within 5 to 7 years. Benchmark: Bloomberg Barclays US Corporate Index. The benchmark is a performance reference and the Sub-Fund's underlying portfolio may differ significantly to the benchmark composition. Further details of other categories of investments that the Sub-Fund may make are set forth in Annex A of the Prospectus for the Sub-Fund. You can place orders to buy or sell Sub-Fund shares at any time. Orders received on any given Luxembourg business day before 6 p.m. Luxembourg time will be processed at that day's share price. Any income earned is declared yearly. You may elect to either receive such income in cash or reinvested in the Sub-Fund.