Fact sheet: GLG Mkt Neutral

Fund information
Fund name
GLG Market Neutral A USD
Fund manager company
GLG Partners LP
Fund type
No data available.
Fund manager
  • Steve Rothsince 01/01/2006
Fund objective
The aim of the GLG Market Neutral Fund (the “Fund”) is to obtain an appreciation of capital utilising a number of arbitrage strategies. The Fund thus aims to produce returns which have a low correlation with the global equity markets. Capital is currently deployed in convertible arbitrage, credit and capital structure arbitrage, event driven and distressed.
Benchmark
  • LIBOR USD 3 month
Investment style
Convertible Arbitrage,Market Neutral,Long/Short
Investment method
Mixed
Quick stats
1 Year return
23.2%
1 Year rank in sector
3/135
Sector
FO Hedge/Stru Prod - Mixed
Yield
-
Fund size
£559m
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
88
Top in this sector
Fund name1 Year
H2O MultiStrategies31.9%
Castellain Value24.1%
Garraway Fn Trds23.7%
GLG Mkt Neutral23.2%
LFIS VisionPremiaOpps16.5%
...more in FO Hedge/Stru Prod - Mixed

Performance snapshot

Holdings snapshot

  • North America38.5%
    Europe ex UK23.6%
    Japan18.9%
    UK7.5%
    Asia Pacific ex Japan6.6%
  • Financials29%
    Government Bonds18.1%
    Others9.3%
    Industrials8.8%
    Energy8.7%
  • No data available.

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-5.2%11.7%23.2%7.4%31.5%
Sector0.1%0.7%0.8%1.1%3.8%6.6%
Rank within sector-6 / 1543 / 1443 / 13530 / 8911 / 71
Quartile1st1st1st2nd1st
Calendar performance
 YTD - 20172016201520142013
Fund5.2%13.9%-0.7%-7.6%10.8%
Sector0.9%-0.5%-0.6%5.1%1.4%
Rank within sector9 / 1533 / 12661 / 10385 / 8518 / 74
Quartile1st1st3rd4th1st
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
3.12
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
0.2
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
-0
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
6.71
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
6.9
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
0.27
Price movement
52 week high587.62
52 week low493.14
Current bid price-
Current offer price-
Current mid price587.62
Region
1North America38.5%
2Europe ex UK23.6%
3Japan18.9%
4UK7.5%
5Asia Pacific ex Japan6.6%
6Australasia3.1%
7Others1.8%
Industry sector
1Financials29%
2Government Bonds18.1%
3Others9.3%
4Industrials8.8%
5Energy8.7%
6Non-Cyclical Consumer Goods5.4%
7Cyclical Consumer Goods5.3%
8Communications5.2%
9Basic Materials4%
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
GLG Partners
Fund manager company
GLG Partners LP
Fund type
No data available.
Fund objective
The aim of the GLG Market Neutral Fund (the “Fund”) is to obtain an appreciation of capital utilising a number of arbitrage strategies. The Fund thus aims to produce returns which have a low correlation with the global equity markets. Capital is currently deployed in convertible arbitrage, credit and capital structure arbitrage, event driven and distressed.
Benchmark
  • LIBOR USD 3 month
Investment style
Convertible Arbitrage,Market Neutral,Long/Short
Investment method
Mixed
Fund manager
NameSinceBiography
Steve Roth01/01/2006Steve joined Man GLG ('GLG') in November 2005 to manage two major GLG credit funds. Prior to that he spent seven years at Deutsche Bank where he was a managing director and head of the top ranked European convertible business and subsequently co-head of a proprietary convertible and capital structure arbitrage group. Steve graduated from Cambridge University in 1992 with an MA in Computer Science.
Compliance
Reporting Fund Status
Domicile
No data available.
Fund for sale in
Cayman Islands, United Kingdom, Netherlands, Norway, Offshore, Sweden
GLG Market Neutral A USD
Initial charge5%
Annual charge1%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price587.62
CurrencyUSD
Price updated28/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeLF48
GLG Market Neutral A Unrestricted USD
Initial charge5%
Annual charge1%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price578.54
CurrencyUSD
Price updated28/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeA5H8
GLG Market Neutral C Restricted USD
Initial charge5%
Annual charge1%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price499.8
CurrencyUSD
Price updated28/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0MBW
GLG Market Neutral C USD
Initial charge-
Annual charge1%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price398.16
CurrencyUSD
Price updated30/03/2012
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeLF46
GLG Market Neutral C Unrestricted USD
Initial charge5%
Annual charge1%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price491.76
CurrencyUSD
Price updated28/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeA5I1
GLG Market Neutral D EUR
Initial charge5%
Annual charge1%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price518.81
CurrencyEUR
Price updated28/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeLF47
GLG Market Neutral D Unrestricted EUR
Initial charge5%
Annual charge1%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price518.34
CurrencyEUR
Price updated28/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeA5I0
GLG Market Neutral F EUR
Initial charge5%
Annual charge1%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price419.44
CurrencyEUR
Price updated28/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeLH11
GLG Market Neutral H Unrestricted GBP
Initial charge5%
Annual charge2%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price122.59
CurrencyGBP
Price updated28/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGNNE
GLG Market Neutral H restricted GBP
Initial charge5%
Annual charge2%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price124.68
CurrencyGBP
Price updated28/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code13IN
GLG Market Neutral I Unrestricted GBP
Initial charge5%
Annual charge2%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price109.07
CurrencyGBP
Price updated28/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJDCX
GLG Market Neutral J USD
Initial charge5%
Annual charge2%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price281.56
CurrencyUSD
Price updated28/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeLI41
GLG Market Neutral J Unrestricted USD
Initial charge5%
Annual charge2%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price291.98
CurrencyUSD
Price updated28/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeA5I4
GLG Market Neutral K USD
Initial charge5%
Annual charge2%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price266.46
CurrencyUSD
Price updated28/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeLI42
GLG Market Neutral K Unrestricted USD
Initial charge5%
Annual charge2%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price264.78
CurrencyUSD
Price updated28/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeA5I5
GLG Market Neutral L EUR
Initial charge5%
Annual charge2%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price269.14
CurrencyEUR
Price updated28/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeLI43
GLG Market Neutral L Unrestricted EUR
Initial charge5%
Annual charge2%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price266.72
CurrencyEUR
Price updated28/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeA5I6
GLG Market Neutral M EUR
Initial charge5%
Annual charge2%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price222.63
CurrencyEUR
Price updated28/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeLI81
GLG Market Neutral M Unrestricted EUR
Initial charge5%
Annual charge2%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price223.51
CurrencyEUR
Price updated28/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeA5I7
GLG Market Neutral P JPY
Initial charge5%
Annual charge2%
Min single investment£100,000
Min regular saving£500,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price18348
CurrencyJPY
Price updated28/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeL585
GLG Market Neutral Q USD
Initial charge5%
Annual charge2%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price158.44
CurrencyUSD
Price updated28/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeA7N4
GLG Market Neutral Q Unrestricted USD
Initial charge5%
Annual charge2%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price158.59
CurrencyUSD
Price updated28/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeA7N7
GLG Market Neutral R EUR
Initial charge5%
Annual charge2%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price148.51
CurrencyEUR
Price updated28/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeA7N5
GLG Market Neutral R Unrestricted EUR
Initial charge5%
Annual charge2%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price147.01
CurrencyEUR
Price updated28/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeA7N8
GLG Market Neutral S Restricted GBP
Initial charge5%
Annual charge2%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price176.08
CurrencyGBP
Price updated28/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKJN3
GLG Market Neutral S Unrestricted GBP
Initial charge5%
Annual charge2%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price123.45
CurrencyGBP
Price updated28/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeB4D0
GLG Market Neutral U Unrestricted USD
Initial charge5%
Annual charge2%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price144.92
CurrencyUSD
Price updated28/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeA7N9
GLG Market Neutral V Unrestricted EUR
Initial charge5%
Annual charge2%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price135.89
CurrencyEUR
Price updated28/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeA7O0
GLG Market Neutral W GBP
Initial charge5%
Annual charge2%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price134.14
CurrencyGBP
Price updated28/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeASA6
GLG Market Neutral Z USD
Initial charge5%
Annual charge0.5%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1043.58
CurrencyUSD
Price updated28/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeLD35
GLG Market Neutral Z Unrestricted USD
Initial charge5%
Annual charge0.5%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1035.29
CurrencyUSD
Price updated28/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeA5I9
Data provided by

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