I have merely read the 2016 accounts for the 2003 Project, due to be harvested next year, and made my own conclusion(s). All the projects from 2003 to 2009 report much the same in 2016. Apparently they just need to keep doing what they are doing and everything will be all right.
You may reach a different conclusion, feel free to post as this is a forum for discussion.
https://quintis.com.au/media/1485/tfs-2003_project-accounts_fy16.pdf
The 5.7% you refer to is retail MIS, the rest is either institutional MIS or on their account; regardless it's still MIS
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