Fact sheet: Man GLG Balanced Managed

Fund information
Fund name
Man GLG Balanced Managed C Professional
Fund manager company
GLG Partners
Fund type
OEIC
Fund managers
  • Ben Funnellsince 30/03/2009
Fund objective
The objective of the Fund is to provide capital growth over the long term.
Benchmark
  • IA Mixed Investment 40%-85% Shares
Investment style
Aggressive,Growth
Investment method
None
Quick stats
1 Year return
4.5%
1 Year rank in sector
251/268
Sector
UT Mixed Investment 40%-85% Shares
Yield
0.9%
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.
0.9%
Fund size
£767m (£642m 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.
63
Mid price
142.6
Top in this sector
Fund name1 Year
Orbis Gbl Bal35.2%
HSBC Wld Seltn Advntr Pfl23%
FP MA DRP VIII21%
HSBC Gbl Strat Dyn Pfl20.7%
SVS TPI Aggressive 120.2%
...more in UT Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • UK31.4%
    Europe ex UK16%
    International15.4%
    USA11.8%
    Money Market9.8%
  • No data available.
  • UK Equities24.8%
    Europe ex UK Equities15%
    Global Fixed Interest12.7%
    US Equities11.9%
    Japanese Equities9.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.6%1.1%7.9%4.5%17.3%53.8%
Sector-0.2%0.3%8.4%10%20.1%45.3%
Rank within sector75 / 28085 / 279159 / 276251 / 268192 / 24063 / 207
Quartile2nd2nd3rd4th4th2nd
Calendar performance
 YTD - 20162015201420132012
Fund4.9%3%5.2%20.8%12.9%
Sector10.1%2.2%5%13.5%9%
Rank within sector248 / 268100 / 252134 / 24217 / 22435 / 207
Quartile4th2nd3rd1st1st
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.
-1.48
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.
1.08
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.
0.18
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%.
7.97
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.
2.42
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.
-0.44
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.
0.91
Price movement
52 week high145.7
52 week low122.6
Current bid price-
Current offer price-
Current mid price142.6
Region
1UK31.43%
2Europe ex UK16.02%
3International15.44%
4USA11.8%
5Money Market9.75%
6Japan9.12%
7Global Emerging Markets6.3%
8Asia Pacific0.14%
Industry sector
No data available.
Asset type
1UK Equities24.76%
2Europe ex UK Equities14.99%
3Global Fixed Interest12.7%
4US Equities11.88%
5Japanese Equities9.92%
6Money Market8.86%
7UK Fixed Interest6.86%
8Global Emerging Market Equities6.49%
9Others3.43%
Individual holdings
1SHIRE PLC1.39%
2ROYAL DUTCH SHELL1.32%
3IMPERIAL BRANDS PLC1.17%
4RYANAIR HLDGS1.06%
5VODAFONE GROUP0.95%
6BRITISH AMERICAN TOBACCO0.89%
7DEUTSCHE WOHNEN AG0.87%
8ASSA ABLOY AB0.86%
9MERCK KGAA0.82%
Management
Fund manager group
GLG Partners
Fund manager company
GLG Partners
Fund type
OEIC
Fund objective
The objective of the Fund is to provide capital growth over the long term.
Benchmark
  • IA Mixed Investment 40%-85% Shares
Investment style
Aggressive,Growth
Investment method
None
Fund managers
NameSinceBiography
Ben Funnell30/03/2009Ben is the lead portfolio manager of GLG’s Global and European long only strategies. Previously he was GLG’s chief equity strategist. Prior to joining GLG he spent 11 years at Morgan Stanley, the last nine of those years on the top II and Extel-rated European Equity Strategy team, which he co-headed in his final three years at the firm as a Managing Director. He was educated in modern languages at Durham University, UK. His approach to investing is both top-down and bottom-up, with macro views influencing portfolio positioning. Areas of particular interest to his research process include income disparity and social inequality, and the associated rise in household leverage; the political economy of the Eurozone and latterly of Japan; and investment style, with a focus on truly active management.
Compliance
IA Recognised, Non UCITS Retail Scheme
Domicile
No data available.
Fund for sale in
United Kingdom
Man GLG Balanced Managed A Ret Acc
Initial charge5%
Annual charge1.5%
Min single investment£500,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)1.65%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price175.8
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeX102
Man GLG Balanced Managed C Professional
Initial charge-
Annual charge0.75%
Min single investment£500,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.9%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price142.6
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGVMD
Data provided by

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