Man GLG Absolute Value Professional CX - Accumulation (GBP)
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Charges and Savings
Initial charges | |
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Initial charge: | 5.00% |
Initial saving from HL: | 5.00% |
HL dealing charge: | Free |
Net initial charge: | 0.00% |
Annual charges | |
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Performance fee: | Yes View risks |
Ongoing charge (OCF/TER): | 0.90% |
Ongoing saving from HL: | 0.00% |
Net ongoing charge: | 0.90% |
In some cases the ongoing savings are provided by our loyalty bonus. Loyalty bonuses are tax-free in an ISA or SIPP. However, they may be subject to tax in a Fund & Share Account which would, in effect, reduce their value and increase the net ongoing charge.
Other Information
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Performance
30/08/19 to 30/08/20 | 30/08/20 to 30/08/21 | 30/08/21 to 30/08/22 | 30/08/22 to 30/08/23 | 30/08/23 to 30/08/24 | |
---|---|---|---|---|---|
Annual return | 3.12% | 14.24% | -4.15% | 6.73% | 16.25% |
Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.
View fund chartOur view on this fund
The Wealth Shortlist features funds our analysts believe have the potential to outperform their peers over the long term. If a fund is not on the Shortlist, this is not a recommendation to sell; however, if you are thinking of adding to your investments, we believe the Wealth Shortlist is a good place to start. View funds on the Wealth Shortlist »
Fund Objective
Man GLG UK Absolute Value Fund has a long-short equity approach that aims to deliver absolute returns in any market conditions on a rolling 3 year basis. The Fund will employ a repeatable process designed to identify undervalued and overvalued companies in lesser researched parts of the UK mid-cap market by investing predominantly in equities and derivative instruments relating to equities of listed UK companies.
Income Details
Security | Weight |
---|---|
UK TREASURY BILL GBP | 88.34% |
3¾% Treasury Gilt 2021 | 5.23% |
GRAINGER | 4.60% |
QINETIQ GROUP | 4.02% |
BEAZLEY | 3.27% |
MORGAN ADVANCED MATERIALS | 2.79% |
Redrow Plc Redrow Plc 10.5p | 2.68% |
HISCOX LTD | 2.61% |
OSB GROUP | 2.52% |
TI FLUID SYSTEMS | 2.38% |
Sector | Weight |
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Bonds | 93.56% |
Household Goods & Home Construction | 6.07% |
Chemicals | 5.94% |
Real Estate Investment & Services | 5.39% |
Construction & Materials | 4.78% |
Aerospace & Defence | 4.11% |
Industrial Support Services | 3.45% |
Electronic & Electrical Equipment | 2.77% |
Finance & Credit Services | 2.52% |
Automobiles & Parts | 2.38% |
Country | Weight |
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United Kingdom | 108.30% |
Netherlands | 2.28% |
Ireland | 2.02% |
Luxembourg | -1.62% |
Germany | -1.93% |
Direct Property and REITs | -2.77% |
Cash and Equiv. | -6.29% |
Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Prices provided by Morningstar, correct as at 30 August 2024. Data provided by Broadridge, correct as at 31 July 2021.
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4 If you elect to receive the income from an ISA or a Fund & Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.