Fact sheet: Man GLG EurpnEq

Fund information
Fund name
Man GLG European Equity D EUR
Fund manager company
GLG Partners LP
Fund type
No data available.
Fund managers
  • Jason Mitchellsince 01/08/2012
  • Ben Funnellsince 01/08/2012
Fund objective
Man GLG European Equity (the “Fund”) adopts a concentrated stock selection approach in the European equity markets with a focus on medium/long term returns. Through superior analysis and regular contacts with the management of companies in which we have invested, our aim is to target annual returns significantly in excess of the reference index.
Benchmark
  • MSCI Europe Net (TR) Index
Investment style
None
Investment method
Shares
Quick stats
1 Year return
12%
1 Year rank in sector
131/227
Sector
FO Equity - Europe inc UK
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.
1.76%
Fund size
£303m (£307m 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.
96
Top in this sector
Fund name1 Year
SPL Parallel Private Equity IC46.9%
EP Pan European Opportunities33.7%
GS Eur CORE Eq Portfolio32%
Sparinvest Eurpn Val30.2%
IVI European30.1%
...more in FO Equity - Europe inc UK

Performance snapshot

Holdings snapshot

  • UK28.1%
    France18.4%
    Germany13.3%
    Sweden10%
    Netherlands7.2%
  • Financials20.4%
    Industrials18.1%
    Consumer Discretionary14.3%
    Health Care12.3%
    Real Estate9%
  • European Equities72.1%
    UK Equities26.9%
    Others0.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3%5.6%9.9%12%25.8%68.9%
Sector2.9%6.7%11.5%11.9%21.8%63.8%
Rank within sector143 / 234151 / 232182 / 230131 / 22781 / 19887 / 174
Quartile3rd3rd4th3rd2nd2nd
Calendar performance
 YTD - 20172016201520142013
Fund7%-1.3%10%6.8%28.9%
Sector7.6%-0.6%11.1%4.2%21.1%
Rank within sector155 / 232136 / 224108 / 20570 / 19433 / 180
Quartile3rd3rd3rd2nd1st
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.
1.52
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.
0.86
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.
0.28
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%.
11.29
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.
4.47
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.
0.16
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.
0.87
Price movement
52 week high186.65
52 week low153.38
Current bid price-
Current offer price-
Current mid price190
Region
1UK28.11%
2France18.41%
3Germany13.32%
4Sweden9.97%
5Netherlands7.2%
6Ireland4.95%
7Spain4.55%
8Italy3.68%
9Finland2.7%
Industry sector
1Financials20.44%
2Industrials18.08%
3Consumer Discretionary14.34%
4Health Care12.25%
5Real Estate8.99%
6Consumer Staples8.93%
7Information Technology7.2%
8Materials3.57%
9Energy3.21%
Asset type
1European Equities72.14%
2UK Equities26.92%
3Others0.94%
Individual holdings
1AIRBUS SE5.18%
2ING GROEP N.V.4.76%
3KERING SA4.25%
4INTESA SANPAOLO SPA3.6%
5BAYER AG3.24%
6CREDIT AGRICOLE3.08%
7ROYAL DUTCH SHELL3.05%
8LLOYDS BANKING GROUP PLC2.93%
9ASSA ABLOY AB2.89%
Management
Fund manager group
GLG Partners
Fund manager company
GLG Partners LP
Fund type
No data available.
Fund objective
Man GLG European Equity (the “Fund”) adopts a concentrated stock selection approach in the European equity markets with a focus on medium/long term returns. Through superior analysis and regular contacts with the management of companies in which we have invested, our aim is to target annual returns significantly in excess of the reference index.
Benchmark
  • MSCI Europe Net (TR) Index
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Jason Mitchell01/08/2012Jason has over 6 years of experience in portfolio management and investment research. He joined GLG Inc. in 2004 to work on the European strategies team covering the TMT sectors. Prior to that Jason worked at Andor Capital and Pequot Capital, where he covered Telecoms and Technology. Originally he began his career with Credit Suisse First Boston’s Technology equity research team. Jason attended the University of California, Berkeley and graduated 1995 with emphasis on English Literature and Classics.
Ben Funnell01/08/2012Ben 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
Transparent for Austrian Tax, Transparent for Swiss Tax, 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, Singapore, Sweden
Man GLG European Equity 2D USD
Initial charge5%
Annual charge0.75%
Min single investment£1,000
Min regular saving£2,000
Available in ISANo
Ongoing charge (OCF)1.01%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price98.16
CurrencyUSD
Price updated24/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMHDJ
Man GLG European Equity D C EUR
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.76%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price95.96
CurrencyEUR
Price updated24/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMQ7D
Man GLG European Equity D C NOK
Initial charge5%
Annual charge1.5%
Min single investment£5,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.76%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price111.13
CurrencyNOK
Price updated24/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNFDY
Man GLG European Equity D C SEK
Initial charge5%
Annual charge1.5%
Min single investment£5,000
Min regular saving£2,000
Available in ISANo
Ongoing charge (OCF)1.77%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price121.45
CurrencySEK
Price updated24/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN96X
Man GLG European Equity D C USD
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.83%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price106.48
CurrencyUSD
Price updated24/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNFDZ
Man GLG European Equity D EUR
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.76%
Total expense ratio (TER)1.13%
Bid price-
Offer price-
Mid price190
CurrencyEUR
Price updated24/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeLL89
Man GLG European Equity D H GBP
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.76%
Total expense ratio (TER)1.13%
Bid price-
Offer price-
Mid price152.69
CurrencyGBP
Price updated24/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNBJ4
Man GLG European Equity D H NOK
Initial charge5%
Annual charge1.5%
Min single investment£5,000
Min regular saving£2,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price116.42
CurrencyNOK
Price updated16/01/2013
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGLIY
Man GLG European Equity D H USD
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.76%
Total expense ratio (TER)1.13%
Bid price-
Offer price-
Mid price162.18
CurrencyUSD
Price updated24/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeLS64
Man GLG European Equity I C EUR
Initial charge5%
Annual charge0.75%
Min single investment£100,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.01%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price94.09
CurrencyEUR
Price updated24/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN0HH
Man GLG European Equity I C GBP
Initial charge5%
Annual charge0.75%
Min single investment£100,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.95%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price114.55
CurrencyGBP
Price updated24/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNNZR
Man GLG European Equity I C NOK
Initial charge5%
Annual charge0.75%
Min single investment£500,000
Min regular saving£2,000
Available in ISANo
Ongoing charge (OCF)1.01%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price109.64
CurrencyNOK
Price updated24/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNFEA
Man GLG European Equity I C SEK
Initial charge5%
Annual charge0.75%
Min single investment£500,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.02%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price117.74
CurrencySEK
Price updated24/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN8WB
Man GLG European Equity I EUR
Initial charge5%
Annual charge0.75%
Min single investment£100,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.01%
Total expense ratio (TER)1.13%
Bid price-
Offer price-
Mid price130.04
CurrencyEUR
Price updated24/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeB8I2
Man GLG European Equity I H USD
Initial charge5%
Annual charge0.75%
Min single investment£100,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.01%
Total expense ratio (TER)1.13%
Bid price-
Offer price-
Mid price183.9
CurrencyUSD
Price updated24/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGDBJ
Data provided by

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