Man GLG European Alpha Alternative Class DN EUR
Man Funds VI plc (Open Ended Investment Company domiciled in Ireland)
Key Information
Legal Documents
Performance
Analysis

Fund Profile

Category: Open Ended Investment Company

The Fund seeks positive returns by investing primarily in listed shares and related instruments of issuers in Europe or of issuers who derive a substantial part of their revenues from Europe. The Fund may also invest in other asset classes, other funds and in other regions. The Fund may increase its holdings in cash and other liquid assets in times of market turbulence. The Fund aims to deliver absolute returns in any market conditions on a rolling 12 month time frame. The Fund will pursue a 'long-short strategy' whereby, in addition to buying and holding assets, it may use financial derivative instruments (ie instruments whose prices are dependent on one or more underlying assets, 'FDI') extensively to achieve its investment objectives or to take 'short' positions where the Fund may benefit from a fall in value of the underlying asset. Benchmarks. The Fund is actively managed; no benchmark is used as a universe for selection or for performance comparison purposes. The Fund may actively use FDI to achieve the investment objective, for hedging a given investment or against anticipated movements in a market or other sector or where it is more cost effective than directly holding the underlying asset. The use of FDI may multiply the gains or losses made by the Fund on a given investment or on its investments generally. FDI may allow the Fund to obtain market exposure in excess of the value of the Fund's assets (leverage). The extensive use of FDI, and the fact that FDI may only require a small upfront payment, may mean the Fund is consistently required to hold a substantial portion of its assets in bank deposits and other money market securities. Any income earned on investments will be added to the value of investors' shares and investors can buy and sell their shares on each dealing day of the Fund.

Morningstar Rating
N/A
More information about the calculation of the Morningstar Ratings
Risk and reward profile
4
Lower Risk
Possible Lower
Returns
Higher Risk
Possible Higher
Returns
Key Information
Closing Price 09/07/2020107.69
Morningstar categoryAlt - Market Neutral - Equity
CurrencyEUR
Distribution statusAccumulating
ISINIE00B4YLN521
Inception Date22/06/2009
Minimum initial amount1,000.00 EUR
Fees And Charges
Entry feeNone
Custody feeNone
Exit feeNone
Ongoing charge2.25% of which 0.75% is paid to MeDirect
Fund management company
AddressMan Group Plc Riverbank House, 2 Swan Lane, London EC4R 3AD London EC4R 3AD United Kingdom
Manager NameJean-Robin Peters
Manager Start Date22/06/2009
Websitehttps://www.man.com/
Total Net Assets (mil)33.18 EUR (30/06/2020)
UCITSYes
AdministratorBNY Mellon Fund Services (Ireland) Designated Activity Company

Documents

Prospectus
en 11/09/2019
Annual Report
en 31/12/2019
Semi Annual Report
en 30/06/2019
Morningstar Report
11/07/2020

Performance

Historical returns are no guarantee for future performances. Investing in Financial markets and securities involves risk. Past performance is not a guarantee of future results. Investment losses may occur and investors could lose some or all of their investment in the Fund.
Entry fees, purchase charges, custody fees, exit fees, sale charges and taxes are not included in the calculation of past performance. Ongoing charges (including management fees, administrative fees and other costs) have been taken in to account, as they are already included in the price/NAV of the fund.
Annualised performance in EUR
PeriodAnnualised returnDate
1 year-1.47%09/07/2020
3 years-0.67%09/07/2020
5 years-1.60%09/07/2020
10 years0.29%09/07/2020
Since launch0.67%09/07/2020
Cumulative performance in EUR
Performance
YTD 01/01/2020-3.75
1 month0.12
3 months-1.03
6 months-3.62
Quarterly Returns
Q 1Q 2Q 3Q 4
2020-3.59%0.08%--
2019-1.08%-0.66%1.08%0.67%
20182.30%2.92%-2.25%-2.96%
2017-1.00%-0.31%0.72%1.07%
2016-0.93%-1.15%-1.05%0.50%
Dividend

Asset Allocation
% Long% Short% Net Assets
Stock67.33%1.40%65.93%
Bond0.00%0.00%0.00%
Cash0.10%0.00%0.09%
Other33.98%0.00%33.98%
Return/Risk Analysis
Risk Measurement1 Year3 Years5 Years
Standard Deviation
7.596.967.16
Sharpe Ratio
-0.55-0.37-0.33
Sortino Ratio
-0.71-0.51-0.46
Positive Months7.0017.0024.00
Negative Months5.0019.0036.00
Worst Month-4.28-4.28-4.28
World Regions
Region%
Eurozone64.94
Europe - ex Euro0.62
United Kingdom0.55
United States0.00
Middle East0.00
Stock Sector Weighting
Sector% of Equity
Financial Services16.78
Basic Materials14.49
Utilities12.56
Consumer Defensive
9.72
Industrials6.15
Consumer Cyclical
2.63
Healthcare1.70
Real Estate0.96
Technology0.30
Energy0.01
Communication Services0.00
Top 10 Holdings
HoldingSectorCountry% of Assets
ING Groep NV Financial ServicesNetherlands16.21
Heineken NV Consumer DefensiveNetherlands9.71
RWE AG UtilitiesGermany9.21
OCI NV Basic MaterialsNetherlands7.91
Koninklijke DSM NV Basic MaterialsNetherlands6.57
innogy SE UtilitiesGermany3.35
Umicore IndustrialsBelgium2.93
Fresenius SE & Co KGaA HealthcareGermany1.69
Amg Advanced Metallurgical Group Nv 1.67
Umicore SA IndustrialsBelgium1.67
Classification of Morningstar Category
Ranking1 Year2 Years3 Years5 Years
Top 25%
Category above the average
Category below the average
Bottom 25%
Morningstar Style Box
Equity Style
Large
Size
Mid
Small
Value
Blend
Growth
Style
107.69
Closing Price
All key information and documents must be reviewed before being able to Invest.