Fact sheet: Man GLG Alp Sel Alt

Fund information
Fund name
Man GLG Alpha Select Alternative IL GBP
Fund manager company
GLG Partners LP
Fund type
No data available.
Fund managers
  • Nick Judgesince 27/09/2013
  • Charles Longsince 27/09/2013
Fund objective
Man GLG Alpha Select Alternative (the “Fund”) aims to generate absolute returns from long and short investments, primarily in UK equity markets. A market neutral approach aims to have a low correlation to equity markets and other long/short equity funds. The Fund typically has a large cap bias with concentrated positions. These are diversified across both sectors and duration in terms of investment ideas. The Fund aims to deliver absolute returns in any market conditions on a rolling 12 month timeframe. Please note there is no guarantee the Fund will meet this objective and you may get back less than you originally invested.
Benchmark
  • FTSE All Share
Investment style
Market Neutral
Investment method
Equity
Quick stats
1 Year return
4.7%
1 Year rank in sector
-
Sector
FO Hedge/Stru Prod - Equity
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
1.35%
Fund size
£114m (£109m last year)
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.
32
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FundLogic MS DltnAsPfcUCITS19.5%
...more in FO Hedge/Stru Prod - Equity

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1%2.3%5.2%4.7%13%27.4%
Sector0.5%1.1%1.9%3.1%5.7%13.4%
Rank within sector------
Quartile
Calendar performance
 YTD - 20172016201520142013
Fund4.5%-1.1%5%4.4%13%
Sector2.1%-2%2.7%2.5%7.1%
Rank within sector-----
Quartile
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.
2.73
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.
0.28
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%.
5.05
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.
5.51
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.
0.28
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.
0.03
Price movement
52 week high119.43
52 week low109.84
Current bid price-
Current offer price-
Current mid price119.54
Region
No data available.
Industry sector
No data available.
Asset type
1Global Fixed Interest55.67%
2Money Market39.4%
3International Equities4.93%
Individual holdings
1RELX PLC7.38%
2NATIONAL GRID7.14%
3RSA INSURANCE GROUP PLC5.63%
4RPC GROUP4.51%
5WPP PLC4.39%
6BRITISH LAND CO PLC3.84%
7AVIVA PLC3.8%
8DIRECT LINE INSURANCE GROUP3.8%
9WOLSELEY PLC3.64%
Management
Fund manager group
GLG Partners
Fund manager company
GLG Partners LP
Fund type
No data available.
Fund objective
Man GLG Alpha Select Alternative (the “Fund”) aims to generate absolute returns from long and short investments, primarily in UK equity markets. A market neutral approach aims to have a low correlation to equity markets and other long/short equity funds. The Fund typically has a large cap bias with concentrated positions. These are diversified across both sectors and duration in terms of investment ideas. The Fund aims to deliver absolute returns in any market conditions on a rolling 12 month timeframe. Please note there is no guarantee the Fund will meet this objective and you may get back less than you originally invested.
Benchmark
  • FTSE All Share
Investment style
Market Neutral
Investment method
Equity
Fund managers
NameSinceBiography
Nick Judge27/09/2013Nick joined GLG in March 2009. He started his career at NatWest Securities as a graduate trainee, being promoted to director 4 years later. In 1999, he joined Morgan Stanley as a Director. In 2001 Nick moved to Merrill Lynch on the Institutional Sales desk where he oversaw the UK equity product and was promoted to Managing Director in 2007.
Charles Long27/09/2013Charlie joined GLG in January 2002 from Morgan Stanley. Charlie is an asset manager on the UK team managing both hedge fund and long only strategies. He is focused on fundamental stock picking. He graduated from the University of Oxford in 2001 with a degree in chemistry (MChem, First Class) and became a CFA charterholder in 2005.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, IA Recognised, Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Ireland, Italy, Luxembourg, Netherlands, Norway, Offshore, Portugal, Sweden
Man GLG Alpha Select Alternative DL GBP
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)2.1%
Total expense ratio (TER)3.26%
Bid price-
Offer price-
Mid price115.01
CurrencyGBP
Price updated25/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIUC5
Man GLG Alpha Select Alternative DL H EUR
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)2.1%
Total expense ratio (TER)3.26%
Bid price-
Offer price-
Mid price110.46
CurrencyEUR
Price updated25/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIUC3
Man GLG Alpha Select Alternative DL H SEK
Initial charge5%
Annual charge1.5%
Min single investment£5,000
Min regular saving£2,000
Available in ISANo
Ongoing charge (OCF)2.1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price102.06
CurrencySEK
Price updated25/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN96W
Man GLG Alpha Select Alternative DL H USD
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)2.1%
Total expense ratio (TER)3.26%
Bid price-
Offer price-
Mid price111.12
CurrencyUSD
Price updated25/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIUC1
Man GLG Alpha Select Alternative IL GBP
Initial charge5%
Annual charge0.75%
Min single investment£100,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.35%
Total expense ratio (TER)2.51%
Bid price-
Offer price-
Mid price119.54
CurrencyGBP
Price updated25/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeIUC4
Man GLG Alpha Select Alternative IL H EUR
Initial charge5%
Annual charge0.75%
Min single investment£100,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.35%
Total expense ratio (TER)2.51%
Bid price-
Offer price-
Mid price114.97
CurrencyEUR
Price updated25/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeIUC2
Man GLG Alpha Select Alternative IL H SEK
Initial charge5%
Annual charge0.75%
Min single investment£500,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.35%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price103.1
CurrencySEK
Price updated25/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN8WA
Man GLG Alpha Select Alternative IL H USD
Initial charge5%
Annual charge0.75%
Min single investment£100,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.35%
Total expense ratio (TER)2.51%
Bid price-
Offer price-
Mid price116.42
CurrencyUSD
Price updated25/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeIUC0
Man GLG Alpha Select Alternative IL U Acc GBP
Initial charge5%
Annual charge0.75%
Min single investment£100,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price103.58
CurrencyGBP
Price updated25/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN0QC
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.