Morningstar Fund Report  | 03/04/2025Print

Man AHL Alpha Core Alternative DN H GBP Acc

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
Man AHL Alpha Core Alternative DN H GBP Acc
Fund-7.412.7-1.8-3.3-4.4
+/-Cat-----
+/-B’mrk-----
 
Category: Systematic Trend Other
Category Benchmark: -
Key Stats
NAV
01/04/2025		 GBP 137.27
Day Change -0.12%
Morningstar Category™ Systematic Trend Other
IA (formerly IMA) Sector -
ISIN LU0424370269
Fund Size (Mil)
01/04/2025		 USD 94.75
Share Class Size (Mil)
01/04/2025		 GBP 0.18
Max Initial Charge -
Ongoing Charge
04/09/2024		  1.88%
Investment Objective: Man AHL Alpha Core Alternative DN H GBP Acc
The fund seeks to achieve medium-term capital growth while restricting the associated risks, by trading a diversified portfolio of Investments. The Sub-Fund aims to perform independently of traditional stock and bond investments thereby providing valuable diversification benefits and enhancing the risk/reward profile of a traditional investment portfolio.
Returns
Trailing Returns (GBP)01/04/2025
YTD-4.53
3 Years Annualised-0.15
5 Years Annualised-1.87
10 Years Annualised0.43
12 Month Yield 0.00
Management
Manager Name
Start Date
Otto Hamaoui
01/01/2022
Tom Bowles
01/01/2022
Click here to see others
Inception Date
03/11/2009

Category Benchmark
Fund BenchmarkMorningstar Benchmark
No benchmark-
Portfolio Profile for  Man AHL Alpha Core Alternative DN H GBP Acc30/11/2024
Morningstar Style Box®
Equity Style
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock32.372.8029.57
Bond477.96212.78265.18
Property0.000.000.00
Cash519.50714.37-194.87
Other15.9715.860.12
Fixed Income
Effective Maturity-
Effective Duration-
Top 5 Regions%
No Data Available
Top 5 Sectors%
No Data Available
Top 5 HoldingsSector%
Korea 3 Year Bond Future Dec 2418.67
United States Treasury Bills 0%9.67
United States Treasury Bills 0%7.82
United States Treasury Bills 0%7.76
Long-Term Euro BTP Future Dec 246.18
Increase Decrease New since last portfolio
Man AHL Alpha Core Alternative DN H GBP Acc
Growth Of 1000 (GBP) 31/03/2025
Fund:  Man AHL Alpha Core Alternative DN H GBP Acc
Category:  Systematic Trend Other
Category Index: 
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-2.1714.510.44-7.3612.72-1.84-3.25-4.42
+/- Category--------
+/- Category Index--------
% Rank in Category-
Trailing Returns (GBP)01/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-0.12   --
1 Week-1.15   --
1 Month-0.76   --
3 Months-4.53   --
6 Months-5.25   --
YTD-4.53   --
1 Year-12.59   --
3 Years Annualised-0.15   --
5 Years Annualised-1.87   --
10 Years Annualised0.43   --
 
Category: Systematic Trend Other
Category Index: 
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
2025-4.42---
20245.67-2.90-4.39-1.38
2023-4.537.46-2.27-2.10
20221.648.318.23-5.39
20212.980.37-6.27-4.37
20203.26-6.08-1.124.73
 
 
 
Morningstar Rating™(Relative to Category)-
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-Year--Not Rated
5-Year--Not Rated
10-Year--Not Rated
Overall--Not Rated
 
Category :  Systematic Trend OtherClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev12.19 %
3-Yr Mean Return0.94 %
 
3-Yr Sharpe Ratio-0.25
 
Modern Portfolio Statistics-31/03/2025
 Standard IndexBest Fit Index
   Tel Aviv SE Makams T-Bill TR ILS
3-Yr Beta--0.29
3-Yr Alpha--5.50
 
Investment Style Details30/11/2024
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)USD 111336-
Market Capitalisation% of Equity
Giant-
Large-
Medium-
Small-
Micro-
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings19.670.82
Price/Book2.961.63
Price/Sales2.601.53
Price/Cash Flow12.460.92
Dividend-Yield Factor2.425.07
 
Long-Term Projected Earnings Growth10.113.37
Historical Earnings Growth0.260.00
Sales Growth7.990.47
Cash-Flow Growth4.56-0.23
Book-Value Growth6.09-1.21
 
Category: Systematic Trend Other
Fixed Income Style-
Morningstar Style Box®
Fixed Income Style
SizeRel to Cat
Total Market Value (Mil)USD 103
Maturity Distribution %
1 to 358.50
3 to 50.00
5 to 70.00
7 to 100.00
10 to 150.00
15 to 200.00
20 to 300.00
Over 300.00
Effective Maturity-
Effective Duration-
Credit Quality Breakdown %     %
AAA -   BB-
AA-   B-
A-   Below B-
BBB-   Not Rated-
 
Category: Systematic Trend Other
Asset Allocation30/11/2024
Asset Allocation
 % Long% Short% Net Assets
Stock32.372.8029.57
Bond477.96212.78265.18
Property0.000.000.00
Cash519.50714.37-194.87
Other15.9715.860.12
World Regions30/11/2024
 % of EquityRelative to Category
 
Category: Systematic Trend Other
Sector Weightings30/11/2024
 % of EquityRelative to Category
 
Category: Systematic Trend Other
Top 10 Holdings30/11/2024
 Portfolio NEW
Total Number of Equity Holdings0
Total Number of Bond Holdings35
Assets in Top 10 Holdings75.96
NameSectorCountry% of Assets
Korea 3 Year Bond Future Dec 24Korea, Republic Of18.67
United States Treasury Bills 0%United States9.67
United States Treasury Bills 0%United States7.82
United States Treasury Bills 0%United States7.76
Long-Term Euro BTP Future Dec 24Italy6.18
Korea 10 Year Bond Future Dec 24Korea, Republic Of5.63
Short-Term Euro BTP Future Dec 24Italy5.57
United States Treasury Bills 0%United States4.91
United States Treasury Bills 0%United States4.91
United States Treasury Bills 0%United States4.84
 
Increase Decrease New since last portfolio
Category: Systematic Trend Other
 
Management
Name of CompanyMan Group Plc
Phone+44 (0) 20 7144 100
Websitehttps://www.man.com/
AddressRiverbank House, 2 Swan Lane, London EC4R 3AD
 London   EC4R 3AD
 United Kingdom
DomicileLuxembourg
Legal StructureSICAV
UCITSYes
Inception Date03/11/2009
Fund Advisor(s)
AHL Partners LLP
Fund ManagerOtto Hamaoui
Manager Start Date01/01/2022
 
Biography
Otto Hamaoui is Director of Portfolio Management at Man AHL, responsible for all portfolio construction, management and optimisation at Man AHL. He is also a member of Man AHL's investment and management committees. He was previously Deputy Head of Equities Research, having joined in 2016 to build out the medium frequency cash equities trading effort. Prior to joining Man AHL, Otto spent five years at Morgan Stanley in various equity derivatives roles, developing and running quantitative trading models. He holds a Master's degree in Applied Maths from École Centrale Paris and Master's degree in Quantitative Finance from Université Denis Diderot Paris 7.
Fund ManagerTom Bowles
Manager Start Date01/01/2022
 
Biography
Tom Bowles is Head of Liquid Strategies at Man AHL. He has been at the core of Man AHL's research in various roles since joining in 2007, and from 2012 to 2017 worked within the AHL Dimension team. He holds a PhD in Signal Processing from Cardiff University and a First Class MEng degree in Automatic Control and Systems Engineering from the University of Sheffield.
Fund ManagerOtto van Hemert
Manager Start Date01/01/2022
 
Biography
Otto van Hemert is Director of Core Strategies and a member of Man AHL's management and investment committees. He was previously Head of Macro Research at Man AHL. Prior to joining Man AHL in 2015, Otto ran a systematic global macro fund at IMC for more than three years. Before that, he headed Fixed Income Arbitrage, Credit, and Volatility strategies at AQR, and was on the Finance Faculty at the New York University Stern School of Business, where he published papers in leading academic finance journals. Otto holds a PhD in Economics and Masters Degrees in Mathematics and Economics.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge1.55%
Ongoing Charge1.88%
Purchase Details
Minimum Investments
Initial1000  GBP
Additional-
Savings-
Tax Free Savings Schemes
ISAsYes