Fact sheet: Man GLG Uvalued Ass

Fund information
Fund name
Man GLG Undervalued Assets Professional C Acc
Fund manager company
GLG Partners
Fund type
OEIC
Fund managers
  • Jack Barratsince 30/09/2014
  • Henry Dixonsince 15/11/2013
Fund objective
The objective of the Fund is to achieve long-term capital growth. To achieve the objective the Fund will invest predominantly in securities of UK listed companies, either directly or indirectly (through permitted derivatives), which are considered to be undervalued relative to their asset base and to the returns on capital the companies are generating. The Fund may also invest in other transferable securities, units or shares in collective investment schemes, money market instruments, deposits, cash, near cash and derivatives and forward transactions.
Benchmark
  • FTSE All Share Index
Investment style
None
Investment method
Shares
Quick stats
1 Year return
28.9%
1 Year rank in sector
10/274
Sector
UT UK All Companies
Yield
2.5%
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.
0.9%
Fund size
£827m (£488m 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.
80
Mid price
156.6
Top in this sector
Fund name1 Year
Elite Webb Cap SmCos Inc&Gth41.1%
Unicorn UK Growth36.8%
MI Chelverton UK Equ Grth36.3%
Blackrock Inst Eq UK Sm Cos34.8%
Stan Life Inv UK Opps33.7%
...more in UT UK All Companies

Performance snapshot

Holdings snapshot

  • UK83.2%
    Money Market3.8%
    Switzerland2.6%
    Australia2.4%
    France2%
  • Financials29.8%
    Materials13.2%
    Consumer Discretionary12.6%
    Industrials11.9%
    Real Estate9.2%
  • UK Equities97.1%
    Money Market2.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.3%4.3%7%28.9%43.4%-
Sector-1.4%1.8%1.8%15.2%26.7%66.5%
Rank within sector111 / 28017 / 27917 / 27710 / 27432 / 258-
Quartile2nd1st1st1st1st
Calendar performance
 YTD - 20172016201520142013
Fund24.2%5.3%10%3.7%-
Sector10.3%11.2%3.7%0.6%25.7%
Rank within sector10 / 275221 / 26556 / 25848 / 252-
Quartile1st4th1st1st
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.
3.18
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.
1.04
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.
0.99
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%.
10.45
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.
4.77
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.
0.72
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.
0.79
Price movement
52 week high160.4
52 week low120.8
Current bid price-
Current offer price-
Current mid price156.6
Region
1UK83.22%
2Money Market3.75%
3Switzerland2.57%
4Australia2.41%
5France1.99%
6Israel1.69%
7Ireland1.52%
8Egypt1.42%
9USA1.37%
Industry sector
1Financials29.76%
2Materials13.19%
3Consumer Discretionary12.56%
4Industrials11.93%
5Real Estate9.2%
6Energy8.65%
7Consumer Staples7.71%
8Money Market3.75%
9Information Technology1.79%
Asset type
1UK Equities97.13%
2Money Market2.87%
Individual holdings
1ROYAL DUTCH SHELL4.26%
2BELLWAY3.05%
3HSBC HLDGS3.01%
4HANSTEEN HOLDINGS PLC2.75%
5RIO TINTO2.74%
6LLOYDS BANKING GROUP PLC2.72%
7QINETIQ GROUP2.65%
8TESCO2.54%
9BGEO GROUP PLC2.51%
Management
Fund manager group
GLG Partners
Fund manager company
GLG Partners
Fund type
OEIC
Fund objective
The objective of the Fund is to achieve long-term capital growth. To achieve the objective the Fund will invest predominantly in securities of UK listed companies, either directly or indirectly (through permitted derivatives), which are considered to be undervalued relative to their asset base and to the returns on capital the companies are generating. The Fund may also invest in other transferable securities, units or shares in collective investment schemes, money market instruments, deposits, cash, near cash and derivatives and forward transactions.
Benchmark
  • FTSE All Share Index
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Jack Barrat30/09/2014Jack joined Matterley after 4 years at UBS investment bank where he was part of their top ranked Equity Sales team. He holds a First Class degree in Politics and History from Cambridge University and has passed all three levels of his CFA examinations.
Henry Dixon15/11/2013Henry is a Portfolio Manager on the UK Equities team at Man GLG (‘GLG’), having joined in October 2013. Prior to joining GLG, Henry was a Portfolio Manager and Founder of Matterley where he ran their flagship fund of the same strategy. Prior to that he worked at New Star, and The Family Charities Ethical Trust. Henry has over 11 years’ experience in equity investment management.
Compliance
IA Recognised, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Man GLG Undervalued Assets Institutional E Acc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price162.1
CurrencyGBX
Price updated21/11/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJWHS
Man GLG Undervalued Assets Professional C Acc
Initial charge-
Annual charge0.75%
Min single investment£500,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.9%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price156.6
CurrencyGBX
Price updated21/11/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJWHQ
Man GLG Undervalued Assets Professional D Inc
Initial charge-
Annual charge0.75%
Min single investment£500,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.9%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price144.1
CurrencyGBX
Price updated21/11/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeJWHR
Data provided by

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