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
3.5%
1 Year rank in sector
23/125
Sector
FO Hedge/Stru Prod - Mixed
Yield
-
Fund size
£497m
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.
60
Top in this sector
Fund name1 Year
Veritas Global Real Return26.2%
Nordea 1 Alpha 1523.1%
La Fayette Holdings22%
Avia Altus15.5%
Nordea 1 Multi-Asset14.8%
...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
Fund2.7%3.8%10.8%3.5%1.7%21.7%
Sector-0.5%0.9%0.1%-1%5.6%6.1%
Rank within sector4 / 13320 / 1445 / 14123 / 12552 / 8311 / 69
Quartile1st1st1st1st3rd1st
Calendar performance
 YTD - 20162015201420132012
Fund5.9%-0.7%-7.6%10.8%17.5%
Sector-0.4%-0.6%5.1%1.4%1.9%
Rank within sector19 / 13362 / 11595 / 9514 / 864 / 77
Quartile1st3rd4th1st1st
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.
-0.12
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.
0.39
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%.
6.09
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.
6.16
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.
-0.25
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.02
Price movement
52 week high519.21
52 week low468.56
Current bid price-
Current offer price-
Current mid price519.21
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 GLG in November 2005 to manage the GLG Market Neutral and GLG Global Convertible Funds. Prior to that he spent 7 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, 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 price519.21
CurrencyUSD
Price updated31/08/2016
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 price510.91
CurrencyUSD
Price updated31/08/2016
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 price439.46
CurrencyUSD
Price updated31/08/2016
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 price434.8
CurrencyUSD
Price updated31/08/2016
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 price460.09
CurrencyEUR
Price updated31/08/2016
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 price459.79
CurrencyEUR
Price updated31/08/2016
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 price371.75
CurrencyEUR
Price updated31/08/2016
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 price109.18
CurrencyGBP
Price updated31/08/2016
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 price110.73
CurrencyGBP
Price updated31/08/2016
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 price96.6
CurrencyGBP
Price updated31/08/2016
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 price249.49
CurrencyUSD
Price updated31/08/2016
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 price258.38
CurrencyUSD
Price updated31/08/2016
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 price235.69
CurrencyUSD
Price updated31/08/2016
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 price235.11
CurrencyUSD
Price updated31/08/2016
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 price238.68
CurrencyEUR
Price updated31/08/2016
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 price236.8
CurrencyEUR
Price updated31/08/2016
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 price198.32
CurrencyEUR
Price updated31/08/2016
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 price198.85
CurrencyEUR
Price updated31/08/2016
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 price16269
CurrencyJPY
Price updated31/08/2016
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 price140.13
CurrencyUSD
Price updated31/08/2016
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 price140.2
CurrencyUSD
Price updated31/08/2016
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 price131.46
CurrencyEUR
Price updated31/08/2016
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 price130.25
CurrencyEUR
Price updated31/08/2016
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 price155.99
CurrencyGBP
Price updated31/08/2016
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 price109.39
CurrencyGBP
Price updated31/08/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeB4D0
GLG Market Neutral U 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 price128.57
CurrencyUSD
Price updated31/08/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeA7N6
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 price127.91
CurrencyUSD
Price updated31/08/2016
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 price120.88
CurrencyEUR
Price updated31/08/2016
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 price118.79
CurrencyGBP
Price updated31/08/2016
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 price922.97
CurrencyUSD
Price updated31/08/2016
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 price915.57
CurrencyUSD
Price updated31/08/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeA5I9
Data provided by

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