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 27/09/2012
  • Andy Lisince 27/04/2014
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
  • IA Global Bonds
Investment style
Total Return
Investment method
Fixed Interest
Quick stats
1 Year return
21.6%
1 Year rank in sector
16/68
Sector
UT Global Bonds
Yield
2.4%
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
£93m (£105m 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.
66
Mid price
337.3
Top in this sector
Fund name1 Year
M&G Global gvt bnd28.8%
Aberdeen World Gov Bd24.9%
Scot Wid Overseas FxIn Trk24.4%
Threadneedle EurpHdBd24.4%
BlackRock OseaCorBdTrk24%
...more in UT Global Bonds

Performance snapshot

Holdings snapshot

  • USA33.1%
    UK23.6%
    Money Market9.5%
    France7.3%
    Japan4.1%
  • Financials36.2%
    Non-Cyclical Consumer Goods14.7%
    Money Market9.5%
    Industrials8.4%
    Utilities6.9%
  • No data available.

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-6.4%-1.7%12.4%21.6%28.7%47.7%
Sector-3.6%-1.8%5.8%11.7%13.1%19.7%
Rank within sector51 / 6933 / 706 / 7016 / 686 / 581 / 48
Quartile3rd2nd1st1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund19.7%-0.7%9.6%-0.4%11.1%
Sector11%-1.3%3.8%-2%6.1%
Rank within sector13 / 6837 / 626 / 5931 / 5613 / 48
Quartile1st3rd1st3rd2nd
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.
0.72
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.
1.43
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.
0.78
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%.
8.84
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.
3.55
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.
0.96
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.
0.92
Price movement
52 week high362.7
52 week low276.9
Current bid price-
Current offer price-
Current mid price337.3
Region
1USA33.15%
2UK23.56%
3Money Market9.55%
4France7.3%
5Japan4.11%
6Hong Kong3.81%
7Australia3.51%
8Netherlands3.47%
9Ireland2.82%
Industry sector
1Financials36.21%
2Non-Cyclical Consumer Goods14.68%
3Money Market9.55%
4Industrials8.44%
5Utilities6.85%
6Cyclical Consumer Goods6.64%
7Communications4.75%
8Technology3.87%
9Basic Materials3.46%
Asset type
No data available.
Individual holdings
1AUSTRALIA(COMMONWEALTH OF) 3.25% BDS 21/04/25 AUD10003.51%
2RICHMOND PARK CLO DAC SENIOR SEC FRN 14/01/27 EUR 100000 A12.82%
3CANADA(GOVT OF) 3.5% BDS 01/12/45 CAD10002.65%
4CREDIT AGRICOLE 2.625% BDS 17/03/27 EUR1000002.6%
5CPUK FINANCE LTD 7.239% NTS 28/02/42 GBP1000002.47%
6SOUTHERN GAS NETWORK 4.875% BDS 05/10/23 GBP1000002.39%
7COOPERATIEVE CENT RFFISEN BA/NL 4.625% BDS 23/05/29 GBP1000002.23%
8RAC BOND CO 4.87% BDS 06/05/46 GBP1000001.9%
9PSA INTERNATIONAL PTE LTD 3.875% BDS 11/02/21 USD1000001.87%
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
  • IA Global Bonds
Investment style
Total Return
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Jon Mawby27/09/2012Jon 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 Li27/04/2014Andy 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
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 price324.6
CurrencyGBX
Price updated01/12/2016
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 price98.02
CurrencyGBX
Price updated01/12/2016
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 price220.7
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeZJ64
Man GLG Corporate Bond C Professional Acc
Initial charge-
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 price337.3
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeZJ62
Man GLG Corporate Bond CH Professional Hedged Acc
Initial charge-
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 price102.3
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMQ2V
Man GLG Corporate Bond DH Professional Hedged Inc
Initial charge-
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 price101.8
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeMQ2W
Man GLG Corporate Bond E Inst Gr Acc
Initial charge-
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 price422
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeSG48
Man GLG Corporate Bond Professional D Inc GBP
Initial charge-
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 price208.7
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeAX76
Data provided by

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