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  5. Man Diversified Alternatives - Managed fund profile

Man Diversified Alternatives - Managed Fund (Closed)

Fund Objective
The investment objective of the fund is to generate medium to long term investment returns by accessing a diversified and balanced portfolio using a range of alternative investment strategies managed by the Man Group.
Fund Strategy
The Fund will access a diversified and balanced portfolio consisting of a range of investment strategies managed by the Investment Manager. Many of these strategies will be 'alternative investment' strategies, meaning that these strategies do not necessarily rely on the appreciation in value of traditional assets such as stocks, property and bonds to generate a return.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 0.58% -13.39% -11.35% -9.76% -4.99% -1.95% 0.79% -%
Growth return 0.58% -13.52% -11.49% -9.89% -7.62% -5.93% -1.92% -%
Income return 0% 0.13% 0.14% 0.13% 2.63% 3.98% 2.71% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.32% 0.99% 2.04% 4.28% 4.29% 3.85% 2.34% 2.02%
As at 31 Aug 2021. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Man Diversified Alternatives
Cash
2.06%
Alternatives
97.94%
Australian Equities
0%
International Equities
0%
Property
0%
Fixed Interest
0%
Average Allocation of Peers
Cash
44.47%
Alternatives
24.53%
Australian Equities
4.29%
International Equities
7.51%
Property
1.93%
Fixed Interest
17.28%

General Information

Fund Details
Type Description
Man Diversified Alternatives
Closed
Man Investments Australia Ltd
MAN0004AU
Alternative - Multistrategy
Not Rated
Investment Fund
13 Aug 2013
$0.94 million (as at 30 Sep 2021)
$0.9616 (as at 28 Sep 2021)
$0.9616 (as at 28 Sep 2021)
Finalised
Offer information
Type Description
MER 2.21% (as at 30 Jun 2019)
Indirect Cost Ratio (ICR) 2.01% (as at 30 Jun 2020)
Performance fee (not included in ICR) 0.41
Minimum initial investment $5,000.00
Minimum additional investments $1,000.00
Minimum redemption amount $1,000.00

FAQs about the Man Diversified Alternatives

The objective of the Man Diversified Alternatives managed fund is The investment objective of the fund is to generate medium to long term investment returns by accessing a diversified and balanced portfolio using a range of alternative investment strategies managed by the Man Group.

The strategy of the Man Diversified Alternatives managed fund is The Fund will access a diversified and balanced portfolio consisting of a range of investment strategies managed by the Investment Manager. Many of these strategies will be 'alternative investment' strategies, meaning that these strategies do not necessarily rely on the appreciation in value of traditional assets such as stocks, property and bonds to generate a return.

The APIR code of the Man Diversified Alternatives managed fund is MAN0004AU.

Man Diversified Alternatives’s total return last month was 0.58%. This was made up of a growth return of 0.58% and an income return of 0%. These returns were calculated as at 31 Aug 2021.

Man Diversified Alternatives’s total return for the last three months was -13.39%. This was made up of a growth return of -13.52% and an income return of 0.13%%. These returns were calculated as at 31 Aug 2021.

Man Diversified Alternatives’s one-year total return is -9.76%. This was made up of a growth return of -9.89% and an income return of 0.13%. These returns were calculated as at 31 Aug 2021.

Man Diversified Alternatives’s one-year total return is -1.95%. This was made up of a growth return of -5.93% and an income return of 3.98%. These returns were calculated as at 31 Aug 2021.

The asset allocation of the Man Diversified Alternatives managed fund is :

Cash
2.06%
Alternatives
97.94%
Australian Equities
0%
International Equities
0%
Property
0%
Fixed Interest
0%

The Responsible Entity for the Man Diversified Alternatives managed fund is Man Investments Australia Ltd.

The Man Diversified Alternatives managed fund belongs to the Alternative - Multistrategy sector/asset class.

As at 30 Sep 2021, the size of the Man Diversified Alternatives managed fund was $0.94 million.

The Man Diversified Alternatives managed fund has an inception date of 13 Aug 2013.

The current entry price of the Man Diversified Alternatives managed fund is $0.9616 per unit and the current exit price is $0.9616 per unit (as at 28 Sep 2021).

The current exit price of the Man Diversified Alternatives managed fund is $0.9616 per unit and the current entry price is $0.9616 per unit (as at 28 Sep 2021).

The minimum initial investment amount for the Man Diversified Alternatives managed fund is $5,000. Minimum additional investment is $1000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.