Fact sheet: Man GLG Flexible Bond

Fund information
Fund name
Man GLG Flexible Bond DY Acc EUR
Fund manager company
Man Investments
Fund type
Offshore Fund
Fund managers
  • Jon Mawbysince 18/01/2013
  • Steve Rothsince 18/01/2013
  • Andy Lisince 27/04/2014
Fund objective
The investment objective of the GLG Flexible Bond is to achieve an above average level of return, through income and capital appreciation, investing primarily in: debt securities, global currencies, money market instruments, time deposits, and any associated derivatives.
Benchmark
No data available.
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
-0.7%
1 Year rank in sector
279/294
Sector
FO Fixed Int - Global
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.
1.83%
Fund size
£322m (£371m 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.
25
Top in this sector
Fund name1 Year
Capital Group GHIOL35.6%
Dodge & Cox Global Bond26.5%
SKAGEN Tellus24.9%
Morg Stnly Gbl Mrtg Securts24.4%
HSBC GIF Gbl AsBk Bd24.3%
...more in FO Fixed Int - Global

Performance snapshot

Holdings snapshot

  • Money Market52.1%
    UK31%
    Australia14%
    Italy8.6%
    Netherlands7%
  • Money Market52.1%
    Financials43.5%
    Utilities9.5%
    Communications9.2%
    Non-Cyclical Consumer Goods6.1%
  • No data available.

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.2%-3.9%-1.4%-0.7%--
Sector-1.7%-2.3%0.6%3.4%6%13.5%
Rank within sector209 / 314236 / 311227 / 306279 / 294--
Quartile3rd4th3rd4th
Calendar performance
 YTD - 20162015201420132012
Fund0%-4.6%---
Sector4%-1.6%3.7%-1.6%8.2%
Rank within sector279 / 298228 / 274---
Quartile4th4th
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 high98.73
52 week low93.74
Current bid price-
Current offer price-
Current mid price94.84
Region
1Money Market52.06%
2UK31.01%
3Australia13.97%
4Italy8.63%
5Netherlands7.04%
6France4.58%
7Spain3.08%
8Luxembourg2.69%
9Canada0.96%
Industry sector
1Money Market52.06%
2Financials43.5%
3Utilities9.49%
4Communications9.18%
5Non-Cyclical Consumer Goods6.05%
6Energy4.79%
7Basic Materials3.47%
8Industrials2.3%
9Technology2.09%
Asset type
No data available.
Individual holdings
1CYBG PLC 8% SUB CNV UNDATED BDS GBP2000002.74%
2HSBC BANK USA INC 7% BDS 15/01/39 USD2500002.66%
3RWE AG 7% NTS 20/03/19 GBP1000002.5%
4JRP GROUP PLC 9% BDS 26/10/26 GBP1000002.29%
5ENEL SPA 8.75% BDS 24/09/73 USD10002.28%
6CREDIT LOGEMENT 4.604% BDS PERP EUR500002%
7PARTNERSHIP LIFE ASSURANCE CO 9.5% GTD SUB NTS 24/03/25 GBP1000001.72%
8Investec 4.5% 05/05/20221.63%
9ATF NETHERLANDS BV 3.75% BDS 29/12/49 EUR1000001.43%
Management
Fund manager group
Man Investments
Fund manager company
Man Investments
Fund type
Offshore Fund
Fund objective
The investment objective of the GLG Flexible Bond is to achieve an above average level of return, through income and capital appreciation, investing primarily in: debt securities, global currencies, money market instruments, time deposits, and any associated derivatives.
Benchmark
No data available.
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Jon Mawby18/01/2013Jon 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.
Steve Roth18/01/2013Steve joined GLG in November 2005 to manage the GLG Market Neutral and GLG Global Convertible Funds. Prior to that he spent 7 years at Deutsche Bank where he was a managing director and head of the top ranked European convertible business and subsequently co-head of a proprietary convertible and capital structure arbitrage group. Steve graduated from Cambridge University in 1992 with an MA in Computer Science.
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
Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Italy, Republic Of Korea, Liechtenstein, Luxembourg, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden
Man GLG Flexible Bond D Acc EUR
Initial charge5%
Annual charge1.25%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.49%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.821
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJY4I
Man GLG Flexible Bond D H Acc CHF
Initial charge5%
Annual charge1.25%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.48%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price96.8353
CurrencyCHF
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK1MR
Man GLG Flexible Bond D H Acc USD
Initial charge5%
Annual charge1.25%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.48%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price107.9388
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF5EZ
Man GLG Flexible Bond D H Div USD
Initial charge5%
Annual charge1.75%
Min single investment£50,000
Min regular saving£1
Available in ISANo
Ongoing charge (OCF)1.98%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.0015
CurrencyUSD
Price updated06/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF7RG
Man GLG Flexible Bond D H Inc USD
Initial charge5%
Annual charge1.25%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.5%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price94.0899
CurrencyUSD
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFMPF
Man GLG Flexible Bond DY Acc EUR
Initial charge5%
Annual charge1.6%
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 price94.839
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN0QF
Man GLG Flexible Bond DY H Acc USD
Initial charge5%
Annual charge1.6%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.81%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price95.9595
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMBPD
Man GLG Flexible Bond I Acc EUR
Initial charge5%
Annual charge0.6%
Min single investment£100,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.79%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price102.0599
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJZ7N
Man GLG Flexible Bond I H Acc CHF
Initial charge5%
Annual charge0.6%
Min single investment£100,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.79%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price97.4474
CurrencyCHF
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFHXK
Man GLG Flexible Bond I H Acc GBP
Initial charge5%
Annual charge0.6%
Min single investment£100,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.79%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price98.3918
CurrencyGBP
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFMXM
Man GLG Flexible Bond I H Acc USD
Initial charge5%
Annual charge0.6%
Min single investment£100,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.79%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price111.1524
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF5FA
Man GLG Flexible Bond I H Inc CHF
Initial charge5%
Annual charge0.6%
Min single investment£100,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.79%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price91.0004
CurrencyCHF
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKORR
Man GLG Flexible Bond I H Inc GBP
Initial charge5%
Annual charge0.6%
Min single investment£100,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.79%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price96.8552
CurrencyGBP
Price updated06/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFH8F
Man GLG Flexible Bond I H Inc USD
Initial charge5%
Annual charge0.6%
Min single investment£100,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price96.5393
CurrencyUSD
Price updated06/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeK1YJ
Man GLG Flexible Bond I H NOK
Initial charge5%
Annual charge0.6%
Min single investment£500,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price98.5437
CurrencyNOK
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeM5TA
Man GLG Flexible Bond I Inc EUR
Initial charge5%
Annual charge0.6%
Min single investment£100,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.79%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price94.7189
CurrencyEUR
Price updated06/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeK1YI
Data provided by

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