Fact sheet: Man GLG Gbl Eq Alternative

Fund information
Fund name
Man GLG Global Equity Alternative DN USD
Fund manager company
GLG Partners LP
Fund type
No data available.
Fund managers
  • Darren Hodgessince 29/09/2013
  • Pierre Lagrangesince 29/09/2013
  • Simon Savagesince 29/09/2013
Fund objective
Man GLG Global Equity Alternative’s (The Fund) investment objective is to provide investors with positive returns through investments in a global range of issuers with a diversified regional allocation.
Benchmark
  • No Specified Index
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
-0.6%
1 Year rank in sector
359/471
Sector
FO Equity - International
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
£264m (£338m 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.
77
Top in this sector
Fund name1 Year
Heptagon Kprnk GblAlCpEq46.4%
Schroder ISF Gbl Rec39.4%
Dodge & Cox Gbl Stk34.6%
SKAGEN Focus33.3%
Vanguard Gbl Small-Cap Idx33%
...more in FO Equity - International

Performance snapshot

Holdings snapshot

  • Others55.3%
    Currency40.7%
    International2.5%
    Europe1.8%
    USA-0.3%
  • Others55.2%
    Currency40.7%
    Consumer Discretionary4.4%
    Information Technology4.4%
    Materials2.3%
  • Others58%
    Money Market42.7%
    International Equities1.6%
    European Equities-0.8%
    US Equities-1.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.6%1%0.4%-0.6%-3.6%-
Sector3.1%-0.2%4.6%4.5%15.7%52.9%
Rank within sector406 / 500179 / 496351 / 486359 / 471368 / 384-
Quartile4th2nd3rd4th4th
Calendar performance
 YTD - 20162015201420132012
Fund-1.9%5.7%-7.6%--
Sector5.8%0.7%6%21.3%12.7%
Rank within sector425 / 475116 / 427382 / 387--
Quartile4th2nd4th
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.
-1.12
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.
0.02
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%.
5.24
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.
10.63
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.
-0.51
Price movement
52 week high97.14
52 week low91.08
Current bid price-
Current offer price-
Current mid price94.68
Region
1Others55.3%
2Currency40.73%
3International2.51%
4Europe1.78%
5USA-0.32%
Industry sector
1Others55.18%
2Currency40.73%
3Consumer Discretionary4.38%
4Information Technology4.38%
5Materials2.25%
6Telecommunications Utilities1.84%
7Industrials0.88%
8Health Care-0.14%
9Utilities-0.58%
Asset type
1Others58.01%
2Money Market42.67%
3International Equities1.56%
4European Equities-0.82%
5US Equities-1.42%
Individual holdings
1BHP BILLITON LTD2.32%
2TELEPERFORMANCE1.94%
3EMC CORP1.9%
4RIO TINTO PLC1.79%
5MICRO FOCUS INTERNATIONAL1.63%
6SHIRE PLC1.63%
7ASCIANO LTD1.58%
8RPC GROUP PLC1.55%
9BAKER HUGHES INC1.31%
Management
Fund manager group
GLG Partners
Fund manager company
GLG Partners LP
Fund type
No data available.
Fund objective
Man GLG Global Equity Alternative’s (The Fund) investment objective is to provide investors with positive returns through investments in a global range of issuers with a diversified regional allocation.
Benchmark
  • No Specified Index
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Darren Hodges29/09/2013Darren joined GLG in June 2005 to work with Pierre Lagrange on the equity long-short funds, trading derivatives. Darren is a Portfolio Manager and analyses the funds’ investment positions. He optimises the expression of the funds’ investment decisions via derivative products. Prior to joining GLG, Darren worked as a Managing Director at UBS Investment Bank where he worked for 14 years. He has worked within many of the derivatives and equities groups at UBS, finally heading up the Flow Derivative Sales and Trading Team for Europe.
Pierre Lagrange29/09/2013Pierre is a senior portfolio manager, a co-founder of GLG, and Chairman of Man Group Asia.  He has over 24 years of experience in portfolio management and investment research. In 1995 Pierre co-founded GLG Partners with overall responsibility for Global Equities, including sector long-short and long-only funds. Prior to this, Pierre worked at Goldman Sachs from 1990, where he had responsibility for managing global equity portfolios and at JP Morgan from 1985 where he worked in government bond trading. Pierre started his career at Exxon Chemicals. Pierre holds an MA in Engineering at Solvay Business School in Brussels. When GLG was acquired in October 2010 by Man, Pierre became a member of the Executive Committee of Man and in 2011 he was appointed the Chairman of Man in Asia.
Simon Savage29/09/2013Simon joined GLG in 2004 and has focused on active risk management in the European Long Short portfolios. Simon graduated from Oxford University in 1990 with a BA in Physics and started his career in the quantitative aspect of equity trading and risk management, joining the equity derivatives team of Nomura. In 1994 he moved to Bear Stearns to start their European portfolio trading business, moving to Morgan Stanley in 1997 to head up their risk program operation.
Compliance
Transparent for Austrian Tax, 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, Ireland, Italy, Luxembourg, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden
Man GLG Global Equity Alternative 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)0.95%
Bid price-
Offer price-
Mid price94.55
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJV5R
Man GLG Global Equity Alternative DN H CHF
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)0.9%
Bid price-
Offer price-
Mid price94.31
CurrencyCHF
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJUAR
Man GLG Global Equity Alternative 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)0.9%
Bid price-
Offer price-
Mid price96.84
CurrencyGBP
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJZPZ
Man GLG Global Equity Alternative DN 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)0.9%
Bid price-
Offer price-
Mid price94.68
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBM7S
Man GLG Global Equity Alternative IN H 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)2.01%
Bid price-
Offer price-
Mid price95.41
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJQKO
Man GLG Global Equity Alternative IN H NOK
Initial charge5%
Annual charge2%
Min single investment£500,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)2.43%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price99.41
CurrencyNOK
Price updated06/08/2015
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJWZA
Man GLG Global Equity Alternative IN 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)-
Bid price-
Offer price-
Mid price96.35
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeBM7R
Data provided by

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