Fact sheet: Man GLG Gbl Convrtbles

Fund information
Fund name
Man GLG Global Convertibles DL H EUR
Fund manager company
GLG Partners LP
Fund type
No data available.
Fund manager
  • Steve Rothsince 01/01/2006
Fund objective
Man GLG Global Convertibles (The Fund) will seek gains by investing primarily in listed or traded debt securities and preference shares which are capable of conversion into shares and will have a global focus. Particular focus will be paid to the credit quality of individual issuers, the cost to convert the debt into shares and the projected return (yield) of the debt securities.
Benchmark
  • Thomson Reuters Global Focus CB Hedged USD
Investment style
None
Investment method
Convertibles
Quick stats
1 Year return
-1.2%
1 Year rank in sector
34/72
Sector
FO Convertible
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.
1.7%
Fund size
£181m (£212m 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.
67
Top in this sector
Fund name1 Year
Man Convertibles Am9.4%
CQS Global Convertible UCITS5.3%
Oaktree OaktreGbCnvBd3.5%
Franklin Gl Cnvtl Secrts3.4%
HAM Gbl Convtbl Bd2.9%
...more in FO Convertible

Performance snapshot

Holdings snapshot

  • Europe ex UK28.6%
    North America27.1%
    Japan22%
    Asia Pacific ex Japan13.3%
    UK4.8%
  • Financials22.6%
    Communications16.6%
    Technology13.9%
    Industrials13.2%
    Non-Cyclical Consumer Goods13.1%
  • North American Fixed Interest29.7%
    Europe ex UK Fixed Interest28.4%
    Japanese Fixed Interest26.5%
    Asia Pacific ex Japan Fixed Interest11.6%
    UK Fixed Interest4.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.8%0.2%2%-1.2%1.9%20.3%
Sector0.4%-0.9%1.1%-1.1%6.3%28.8%
Rank within sector14 / 7314 / 7324 / 7334 / 7253 / 6145 / 51
Quartile1st1st2nd2nd4th4th
Calendar performance
 YTD - 20162015201420132012
Fund-0.1%2.1%-1%8.2%11.1%
Sector-0.5%2.9%2.3%11.7%10.9%
Rank within sector33 / 7247 / 6759 / 6143 / 5428 / 51
Quartile2nd3rd4th4th3rd
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.
-1.3
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.
0.98
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
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%.
5.8
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.
1.76
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.
-0.77
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.
0.91
Price movement
52 week high130.23
52 week low118.52
Current bid price-
Current offer price-
Current mid price129.22
Region
1Europe ex UK28.58%
2North America27.06%
3Japan21.95%
4Asia Pacific ex Japan13.3%
5UK4.84%
6Latin America4.14%
7Middle East3.38%
8Africa1.08%
9International-4.3%
Industry sector
1Financials22.64%
2Communications16.64%
3Technology13.88%
4Industrials13.18%
5Non-Cyclical Consumer Goods13.07%
6Cyclical Consumer Goods12.55%
7Energy7.98%
8Utilities3.58%
9Basic Materials3.54%
Asset type
1North American Fixed Interest29.69%
2Europe ex UK Fixed Interest28.38%
3Japanese Fixed Interest26.49%
4Asia Pacific ex Japan Fixed Interest11.6%
5UK Fixed Interest4.26%
6American Emerging Fixed Interest4.2%
7Middle East & African Fixed Interest3.37%
8African Fixed Interest1.34%
9Global Fixed Interest-9.3%
Individual holdings
No data available.
Management
Fund manager group
GLG Partners
Fund manager company
GLG Partners LP
Fund type
No data available.
Fund objective
Man GLG Global Convertibles (The Fund) will seek gains by investing primarily in listed or traded debt securities and preference shares which are capable of conversion into shares and will have a global focus. Particular focus will be paid to the credit quality of individual issuers, the cost to convert the debt into shares and the projected return (yield) of the debt securities.
Benchmark
  • Thomson Reuters Global Focus CB Hedged USD
Investment style
None
Investment method
Convertibles
Fund manager
NameSinceBiography
Steve Roth01/01/2006Steve 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.
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, Gulf Cooperation Council, Ireland, Italy, Luxembourg, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden
Man GLG Global Convertibles D USD
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.85%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.54
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNH6V
Man GLG Global Convertibles DH EUR
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.85%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.53
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNH6U
Man GLG Global Convertibles DL H EUR
Initial charge5%
Annual charge1.35%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.7%
Total expense ratio (TER)3.01%
Bid price-
Offer price-
Mid price129.22
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeLL18
Man GLG Global Convertibles DL H GBP
Initial charge5%
Annual charge1.35%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.7%
Total expense ratio (TER)3.03%
Bid price-
Offer price-
Mid price111.77
CurrencyGBP
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGDBK
Man GLG Global Convertibles DL USD
Initial charge5%
Annual charge1.35%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.7%
Total expense ratio (TER)2.03%
Bid price-
Offer price-
Mid price144.62
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeLL86
Man GLG Global Convertibles G GBP
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price114.67
CurrencyGBP
Price updated10/05/2012
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFVM2
Man GLG Global Convertibles I JPY
Initial charge5%
Annual charge0.75%
Min single investment£10,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)1.1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9202
CurrencyJPY
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMQ5C
Man GLG Global Convertibles I USD
Initial charge5%
Annual charge0.75%
Min single investment£100,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price103.51
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMRKK
Man GLG Global Convertibles IH EUR
Initial charge5%
Annual charge0.75%
Min single investment£100,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.15%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNFEC
Man GLG Global Convertibles IL H EUR
Initial charge5%
Annual charge0.6%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.95%
Total expense ratio (TER)1.69%
Bid price-
Offer price-
Mid price111.92
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBKB3
Man GLG Global Convertibles IL USD
Initial charge5%
Annual charge0.6%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.95%
Total expense ratio (TER)1.78%
Bid price-
Offer price-
Mid price118.24
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBKB2
Man GLG Global Convertibles IM H EUR
Initial charge5%
Annual charge0.6%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.95%
Total expense ratio (TER)3.42%
Bid price-
Offer price-
Mid price150.56
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFVM4
Man GLG Global Convertibles IM H GBP
Initial charge5%
Annual charge0.6%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.95%
Total expense ratio (TER)1.78%
Bid price-
Offer price-
Mid price156.23
CurrencyGBP
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFRU6
Man GLG Global Convertibles IM USD
Initial charge5%
Annual charge0.6%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.95%
Total expense ratio (TER)3.41%
Bid price-
Offer price-
Mid price155.58
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFVM3
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.