We don’t support this browser anymore.
This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

Skip to main content
  • Register
  • Help
  • Contact us

Man GLG Absolute Value Professional CX - Accumulation (GBP)

Sell:136.80p Buy:136.80p Change: No change
Prices as at 22 October 2021
Sell:136.80p
Buy:136.80p
Change: No change
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
Prices as at 22 October 2021
Sell:136.80p
Buy:136.80p
Change: No change
Prices as at 22 October 2021
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Charges and Savings

Initial charges
Initial charge: 5.00%
Initial saving from HL: 5.00%
HL dealing charge: Free
Net initial charge: 0.00%
Annual charges
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

Unit type: Unbundled
Manager:
Jack Barrat
Fund launch date: 29 June 2017
Sector: Targeted Absolute Return
Fund size: £384 million
Number of holdings: 97
Fund type: ICVC
Accumulation/income: Accumulation
Dealing frequency: Daily
Valuation point: 12:00
Trustee: The Bank of New York Mellon (International) Limited
Minimum investment: £100.00
Charges deducted from: Income
Available in a regular savings plan: Yes
Minimum regular savings value: £25.00

Ready to invest?

To invest in , you'll need to have an account. Try our handy filter to explore the different options.

Compare accounts

Ready to take your first step?

To invest in , you'll need to open an account. Try our handy filter and find out which suits you best.

Compare accounts

Performance

22/10/16 to 22/10/17 22/10/17 to 22/10/18 22/10/18 to 22/10/19 22/10/19 to 22/10/20 22/10/20 to 22/10/21
Annual return n/a 6.77% 6.52% -0.58% 13.81%

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 chart

Our 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

Income paid: Bi-annually
Type of payment: Dividend
Ex-dividend date: 31 August 2021 28 February 2022
Payment date: 31 October 20214 30 April 20224

This data is provided by Funds Library. HL accepts no responsibility for its accuracy and you should independently check data before making any investment decision. All yields are variable and not guaranteed. There is currently no yield information available for this fund.

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
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
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 22 October 2021. Data provided by Funds Library, correct as at 31 July 2021.

FundsLibrary
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account

4 If you elect to receive the income from a Vantage ISA or Vantage 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.