Fact sheet: Man GLG Eur Alp Alt Enhncd

Fund information
Fund name
Man GLG European Alpha Alternative Enhanced DN H GBP
Fund manager company
GLG Partners LP
Fund type
No data available.
Fund managers
  • Philippe Isvysince 03/03/2014
  • Pierre Valadesince 03/03/2014
Fund objective
GLG European Alpha Alternative Enhanced investment objective is to provide a positive absolute return for investors while maintaining a moderate volatility, regardless of market conditions, through stock selection and the use of typically market-neutral long/short strategies. The focus of the Portfolio will be stock selection, with no particular sector exposure targets.
Benchmark
No data available.
Investment style
Market Neutral
Investment method
Equity
Quick stats
1 Year return
-5%
1 Year rank in sector
72/109
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.
3.2%
Fund size
£193m
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.
41
Top in this sector
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...more in FO Hedge/Stru Prod - Equity

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.1%-0.4%-2.6%-5%--
Sector-0.1%0.1%0.5%-2.6%3%14.3%
Rank within sector52 / 11264 / 12792 / 12072 / 109--
Quartile2nd3rd4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund-3.5%-1.1%---
Sector-2.1%2.7%2.5%7.1%3.9%
Rank within sector65 / 11073 / 94---
Quartile3rd4th
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high94.11
52 week low87.45
Current bid price-
Current offer price-
Current mid price89.71
Region
No data available.
Industry sector
No data available.
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
GLG European Alpha Alternative Enhanced investment objective is to provide a positive absolute return for investors while maintaining a moderate volatility, regardless of market conditions, through stock selection and the use of typically market-neutral long/short strategies. The focus of the Portfolio will be stock selection, with no particular sector exposure targets.
Benchmark
No data available.
Investment style
Market Neutral
Investment method
Equity
Fund managers
NameSinceBiography
Philippe Isvy03/03/2014Philippe joined GLG in August 2003 as an Asset Manager and has more than 15 years of experience in portfolio management and investment research. Prior to joining GLG, Philippe worked at Axent Capital Ltd as a Partner and Fund Manager and spent 3 years at CDC Ixis as an Executive Director, in charge of Proprietary equity trading strategies. Philippe has also had roles with Merrill Lynch Private Banking where he was responsible for managing high net worth clients’ assets, and at CPR where he gained significant experience in European equities and derivatives. Philippe graduated from HEC Paris in 1985 with a Masters in Management. 
Pierre Valade03/03/2014Pierre joined GLG in 2008. Prior to joining GLG Pierre worked for Natixis Securities. During his 6 years at Natixis Securities, 2 years were spent as Head of UK Sales. Pierre has also had roles with Exane in New York where he focused on stock picking on US equities and Flemings in Paris working on M&A’s. He started his career at PriceWaterhouseCoopers in 1996. Pierre has a Masters in Business from EM Lyon and Bachelors of Business Management from Queensland University of Technology, Australia. He has also attained a Degree in Accountancy.
Compliance
Reporting Fund Status, UCITS IV 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 European Alpha Alternative Enhanced DN EUR
Initial charge5%
Annual charge2.75%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)3.2%
Total expense ratio (TER)2%
Bid price-
Offer price-
Mid price88.51
CurrencyEUR
Price updated12/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK7LW
Man GLG European Alpha Alternative Enhanced DN H GBP
Initial charge5%
Annual charge2.75%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)3.2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price89.71
CurrencyGBP
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK95Q
Man GLG European Alpha Alternative Enhanced DN H USD
Initial charge5%
Annual charge2.75%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)3.2%
Total expense ratio (TER)1.25%
Bid price-
Offer price-
Mid price92.86
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK7LV
Man GLG European Alpha Alternative Enhanced IN EUR
Initial charge5%
Annual charge2%
Min single investment£100,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.45%
Total expense ratio (TER)1.25%
Bid price-
Offer price-
Mid price90.02
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeK7LX
Man GLG European Alpha Alternative Enhanced IN H GBP
Initial charge5%
Annual charge2%
Min single investment£100,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.45%
Total expense ratio (TER)1.25%
Bid price-
Offer price-
Mid price100
CurrencyGBP
Price updated03/03/2014
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeK7LU
Man GLG European Alpha Alternative Enhanced IN H USD
Initial charge5%
Annual charge2%
Min single investment£100,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.45%
Total expense ratio (TER)1.25%
Bid price-
Offer price-
Mid price91.13
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeK7LT
Data provided by

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