Fact sheet: Man GLG Corp Bd

Fund information
Fund name
Man GLG Corporate Bond C Professional Acc
Fund manager company
GLG Partners
Fund type
OEIC
Fund managers
  • Jon Mawbysince 28/09/2012
  • Andy Lisince 28/04/2014
Fund objective
The Fund aims to achieve an above average level of total return (interest income and capital appreciation) through investing, directly or indirectly, in global investment grade bonds.
Benchmark
  • BofA Merrill Lynch Global Large Cap
Investment style
Total Return
Investment method
Fixed Interest
Quick stats
1 Year return
15.6%
1 Year rank in sector
4/68
Sector
UT Global Bonds
Yield
2.3%
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.
0.65%
Fund size
£104m (£94m last year)
Mid price
346.6
Top in this sector
Fund name1 Year
Old Mutual Bond 320.7%
Threadneedle EurpHdBd17.7%
M&G Global gvt bnd16.5%
Man GLG Corp Bd15.6%
M&G European Hi Yld Bd15.1%
...more in UT Global Bonds

Performance snapshot

Holdings snapshot

  • USA34.8%
    UK21.6%
    Money Market16.1%
    France6.5%
    Netherlands4%
  • Financials41.4%
    Money Market16.1%
    Non-Cyclical Consumer Goods14.5%
    Industrials8.3%
    Cyclical Consumer Goods6.8%
  • No data available.

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.2%0.8%-4.2%15.6%30.8%45.1%
Sector-0%1.1%-1.8%8.3%14.5%19.7%
Rank within sector56 / 7139 / 7150 / 684 / 687 / 592 / 45
Quartile4th3rd3rd1st1st1st
Calendar performance
 YTD - 20172016201520142013
Fund-0.6%23.7%-0.7%9.6%-0.4%
Sector0.8%12.6%-1.3%3.8%-2%
Rank within sector55 / 717 / 6638 / 606 / 5731 / 53
Quartile4th1st3rd1st3rd
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.
0.93
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.
1.41
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.
0.71
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%.
9.28
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.
3.56
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.
0.95
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.
0.93
Price movement
52 week high362.7
52 week low294.4
Current bid price-
Current offer price-
Current mid price346.6
Region
1USA34.78%
2UK21.64%
3Money Market16.14%
4France6.49%
5Netherlands4.03%
6Japan3.75%
7Hong Kong3.34%
8Australia3.1%
9Ireland2.46%
Industry sector
1Financials41.38%
2Money Market16.14%
3Non-Cyclical Consumer Goods14.51%
4Industrials8.33%
5Cyclical Consumer Goods6.81%
6Utilities6.19%
7Communications6%
8Energy4.14%
9Technology3.51%
Asset type
No data available.
Individual holdings
1AUSTRALIAN GOVT LOANS(CMNWLTH OF) 3.25% LN STK 21/04/25 AUD1003.1%
2RICHMOND PARK CLO DAC SENIOR SEC FRN 14/01/27 EUR 100000 A12.46%
3CPUK FINANCE LTD 7.239% NTS 28/02/42 GBP1000002.28%
4SOUTHERN GAS NETWORK 4.875% BDS 05/10/23 GBP1000002.22%
5CREDIT AGRICOLE 2.625% BDS 17/03/27 EUR1000002.17%
6CANADA(GOVT OF) 3.5% BDS 01/12/45 CAD10002.15%
7COOPERATIEVE CENT RFFISEN BA/NL 4.625% BDS 23/05/29 GBP1000002.14%
8TESCO PROPERTY FINANCE 3 PLC 5.744% BDS 13/04/40 GBP10001.69%
9BANK OF AMERICA CORP FR SNR NTS 07/02/25 EUR1000001.65%
Management
Fund manager group
GLG Partners
Fund manager company
GLG Partners
Fund type
OEIC
Fund objective
The Fund aims to achieve an above average level of total return (interest income and capital appreciation) through investing, directly or indirectly, in global investment grade bonds.
Benchmark
  • BofA Merrill Lynch Global Large Cap
Investment style
Total Return
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Jon Mawby28/09/2012Jon joined GLG in September 2012 to run the Global Corporate and Strategic bond funds. Prior to that he spent almost 7 years at ECM Asset Management where he was Lead Portfolio Manager focusing on multi-asset class credit funds and a member of the Investment, Sector Strategy and Peer Group Review Committees. Jon joined ECM in 2005 from Gartmore Investment Management, where he was a portfolio manager and fixed income trader within the Institutional Credit Group, working primarily on relative value trading strategies. Prior to that Jon worked at Aviva Investors and Goldman Sachs. He holds a BA (Hons) in Economics from Durham University and is a CFA charterholder.
Andy Li28/04/2014Andy joined GLG in May 2014 to co-manage two major long-only credit strategies. Prior to joining GLG, he spent over 6 years at ECM Asset Management where he was a lead portfolio manager for ECM's Diversified Financials Europe fund and co-managed the global Absolute Return Credit fund. Andy joined ECM from Accenture where he was a management consultant within its Finance and Performance Management group in both London and Germany where he specialised in equity derivatives for global investment banks and advised blue chip corporate clients in the telecoms sector. Andy graduated from Imperial College, London with a BEng (Hons) in Computing in 2005 and is a CFA charterholder.
Compliance
IA Recognised, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Chile, United Kingdom, Norway
Man GLG Corporate Bond A Ret Acc
Initial charge5%
Annual charge1.25%
Min single investment£500,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)1.4%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price332.5
CurrencyGBX
Price updated25/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeZJ63
Man GLG Corporate Bond AH Sterling Retail Hedged Acc
Initial charge5%
Annual charge1.25%
Min single investment£500,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)1.49%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.1
CurrencyGBX
Price updated25/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNAIL
Man GLG Corporate Bond B Ret Inc
Initial charge5%
Annual charge1.25%
Min single investment£500,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)1.4%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price224.2
CurrencyGBX
Price updated25/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeZJ64
Man GLG Corporate Bond C Professional Acc
Initial charge5%
Annual charge0.5%
Min single investment£500,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.65%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price346.6
CurrencyGBX
Price updated25/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeZJ62
Man GLG Corporate Bond CH Professional Hedged Acc
Initial charge5%
Annual charge0.5%
Min single investment£500,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.65%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price105.8
CurrencyGBX
Price updated25/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMQ2V
Man GLG Corporate Bond DH Professional Hedged Inc
Initial charge5%
Annual charge0.5%
Min single investment£500,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.65%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price104
CurrencyGBX
Price updated25/04/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeMQ2W
Man GLG Corporate Bond E Inst Gr Acc
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price435
CurrencyGBX
Price updated25/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeSG48
Man GLG Corporate Bond Professional D Inc GBP
Initial charge5%
Annual charge0.5%
Min single investment£500,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.65%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price211.9
CurrencyGBX
Price updated25/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeAX76
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

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.