Man Group GLG Undervalued Assets Class C Acc
Report And Accounts
Simplified Prospectus / KIID
Performance
Discrete performance - to last month end
| 31/03/21 to 31/03/22 |
31/03/22 to 31/03/23 |
31/03/23 to 31/03/24 |
31/03/24 to 31/03/25 |
31/03/25 to 31/03/26 |
|
|---|---|---|---|---|---|
| Fund | 7.5% | 5.4% | 19.0% | 7.1% | 11.0% |
| Sector | 5.4% | -1.9% | 7.6% | 5.1% | 12.9% |
| Rank | 98/195 | 12/200 | 4/202 | 92/203 | 129/208 |
| Quartile | 2 | 1 | 1 | 2 | 3 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 31/03/26 |
5 Years to 31/03/26 |
10 Years to 31/03/26 |
||
| Fund | 12.3% | 9.9% | 8.1% | |
| Sector | 8.5% | 5.7% | 6.3% | |
| Rank | 62/201 | 60/194 | 50/173 | |
| Quartile | 2 | 2 | 2 | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| GSK | 7.61 |
| RIO TINTO | 7.13 |
| GRAFTON GROUP | 4.53 |
| BELLWAY P L C | 4.40 |
| BARRATT REDROW | 3.77 |
| LANCASHIRE HLDGS | 3.55 |
| BREEDON GROUP | 3.49 |
| SHELL | 3.24 |
| BP P.L.C. | 2.96 |
| HSBC HOLDINGS | 2.79 |
| Total | 43.48 |
Fund Aims
Man GLG Undervalued Assets Fund aims to achieve long-term capital growth through investing predominantly in securities of UK listed companies, either directly or indirectly (through permitted derivatives) which are considered to be undervalued relative to their asset base and to the returns on capital the companies are generating.
Fund Manager
Jack Barrat is a portfolio manager at Man GLG. He joined Man GLG in October 2013 from Matterley. Before that, he worked at UBS for four years. Jack holds a First Class degree in Politics and History from Cambridge University. He is also a CFA charterholder.
Henry is a portfolio manager on the UK Equities team at GLG, having joined in October 2013. Prior to joining GLG, Henry was a portfolio manager and founder of Matterley where he ran their flagship Undervalued Assets Fund. Prior to that he worked at New Star where he Managed the British Lion Portfolio, and The Family Charities Ethical Trust. He also co-Managed the New Star Equity Income Fund (c GBP 300m) and assisted managing the Institutional Fund (c GBP 1bn). Henry has over eleven years’ experience in equity investment management.
Fund Overview
| Mid (02/04/2026) | 252.10 |
| Historic yield | -5.21% |
| Fund size (31/01/2026) | £1487.64m |
| Number of holdings | 50 |
| Entry Charge | 0.00% |
| Ongoing Charges | 0.90% |
| Launch date | 15/11/2013 |
Asset Allocation
| UK Equities | 79.89% | |
| International Equities | 11.71% | |
| Property | 4.32% | |
| Cash and Equivalents | 4.08% |
Important Information
Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your client’s investment can go down as well as up and the amount your client gets back may be less than they put in.
This factsheet is for investment professionals and is for information purposes only. You should refer to your client's policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this report or make any warranties regarding results from its usage.
Asset Allocation
| UK Equities | 79.89% | |
| International Equities | 11.71% | |
| Property | 4.32% | |
| Cash and Equivalents | 4.08% |
Equity Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Industrials | 29.21% | - | - | - | |
| Industrial Goods & Services | - | 22.77% | - | - | |
| Industrial Support Services | - | - | 14.63% | - | |
| Industrial Suppliers | - | - | - | 9.52% | |
| Business Training & Employment Agencies | - | - | - | 3.36% | |
| Professional Business Support Services | - | - | - | 1.75% | |
| General Industrials | - | - | 4.16% | - | |
| Containers & Packaging | - | - | - | 2.73% | |
| Diversified Industrials | - | - | - | 1.43% | |
| Industrial Engineering | - | - | 3.98% | - | |
| Machinery: Specialty | - | - | - | 2.54% | |
| Machinery: Industrial | - | - | - | 1.44% | |
| Construction & Materials | - | 6.43% | - | - | |
| Construction & Materials | - | - | 6.43% | - | |
| Building Materials: Other | - | - | - | 4.25% | |
| Cement | - | - | - | 1.44% | |
| Construction | - | - | - | 0.74% | |
| Financials | 19.30% | - | - | - | |
| Banks | - | 9.17% | - | - | |
| Banks | - | - | 9.17% | - | |
| Banks | - | - | - | 9.17% | |
| Insurance | - | 5.75% | - | - | |
| Non-life Insurance | - | - | 5.75% | - | |
| Property & Casualty Insurance | - | - | - | 5.75% | |
| Financial Services | - | 4.38% | - | - | |
| Investment Banking & Brokerage Services | - | - | 2.46% | - | |
| Asset Managers & Custodians | - | - | - | 1.85% | |
| Investment Services | - | - | - | 0.61% | |
| Finance & Credit Services | - | - | 1.92% | - | |
| Mortgage Finance | - | - | - | 1.92% | |
| Consumer Discretionary | 12.15% | - | - | - | |
| Consumer Products & Services | - | 9.88% | - | - | |
| Household Goods & Home Construction | - | - | 8.94% | - | |
| Home Construction | - | - | - | 8.94% | |
| Personal Goods | - | - | 0.94% | - | |
| Luxury Items | - | - | - | 0.94% | |
| Travel & Leisure | - | 1.86% | - | - | |
| Travel & Leisure | - | - | 1.86% | - | |
| Hotels & Motels | - | - | - | 1.33% | |
| Airlines | - | - | - | 0.53% | |
| Retail | - | 0.41% | - | - | |
| Retailers | - | - | 0.41% | - | |
| Home Improvement Retailers | - | - | - | 0.41% | |
| Real Estate | 9.33% | - | - | - | |
| Real Estate | - | 9.33% | - | - | |
| Real Estate Investment Trusts | - | - | 8.12% | - | |
| Other Specialty REITs | - | - | - | 2.42% | |
| Residential REITs | - | - | - | 2.36% | |
| Diversified REITs | - | - | - | 1.96% | |
| Office REITs | - | - | - | 1.38% | |
| Real Estate Investment & Services | - | - | 1.21% | - | |
| Real Estate Services | - | - | - | 1.21% | |
| Basic Materials | 9.23% | - | - | - | |
| Basic Resources | - | 7.13% | - | - | |
| Industrial Metals & Mining | - | - | 7.13% | - | |
| General Mining | - | - | - | 7.13% | |
| Chemicals | - | 2.10% | - | - | |
| Chemicals | - | - | 2.10% | - | |
| Chemicals: Diversified | - | - | - | 1.22% | |
| Specialty Chemicals | - | - | - | 0.88% | |
| Health Care | 8.73% | - | - | - | |
| Health Care | - | 8.73% | - | - | |
| Pharmaceuticals & Biotechnology | - | - | 8.73% | - | |
| Pharmaceuticals | - | - | - | 8.73% | |
| Energy | 6.20% | - | - | - | |
| Energy | - | 6.20% | - | - | |
| Non-Renewable Energy | - | - | 6.20% | - | |
| Integrated Oil & Gas | - | - | - | 6.20% | |
| Cash and Equivalents | 4.08% | - | - | - | |
| Consumer Staples | 1.76% | - | - | - | |
| Food, Beverage & Tobacco | - | 1.76% | - | - | |
| Food Producers | - | - | 1.76% | - | |
| Food Products | - | - | - | 1.76% | |
| Bonds | 0.00% | - | - | - | |
Regional Allocation
| UK | 79.89% | |
| Developed Europe - Excl UK | 11.71% | |
| Property | 4.32% | |
| Cash and Equivalents | 4.08% |
Fixed Interest Currencies
| Non-Fixed Interest Assets | 95.92% | |
| Cash | 4.08% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| UK | 79.89% | - | |
United Kingdom
|
- | 79.89% | |
| Developed Europe - Excl UK | 11.71% | - | |
Ireland
|
- | 10.83% | |
Netherlands
|
- | 0.88% | |
| Property | 4.32% | - | |
| Cash and Equivalents | 4.08% | - | |
Breakdown By Market Cap (%)
| Mega |
|
23.17% |
| Large |
|
12.82% |
| Medium |
|
47.85% |
| Small |
|
6.10% |
| Non-Classified |
|
5.97% |
| Cash |
|
4.08% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | GSK | 7.61% | Pharmaceuticals & Biotechnology | United Kingdom |
| 2 | RIO TINTO | 7.13% | Industrial Metals & Mining | United Kingdom |
| 3 | GRAFTON GROUP | 4.53% | Industrial Support Services | Ireland |
| 4 | BELLWAY P L C | 4.40% | Household Goods & Home Construction | United Kingdom |
| 5 | BARRATT REDROW | 3.77% | Household Goods & Home Construction | United Kingdom |
| 6 | LANCASHIRE HLDGS | 3.55% | Non-life Insurance | United Kingdom |
| 7 | BREEDON GROUP | 3.49% | Construction & Materials | United Kingdom |
| 8 | SHELL | 3.24% | Non-Renewable Energy | United Kingdom |
| 9 | BP P.L.C. | 2.96% | Non-Renewable Energy | United Kingdom |
| 10 | HSBC HOLDINGS | 2.79% | Banks | United Kingdom |
Dual Aspect Equity Analysis
| UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
|---|---|---|---|---|---|---|---|---|---|
| Financials | 17.32% | 1.98% | - | - | - | - | - | - | 19.30% |
| Real Estate | 5.01% | - | - | - | - | 4.32% | - | - | 9.33% |
| Consumer Discretionary | 11.38% | 0.77% | - | - | - | - | - | - | 12.15% |
| Consumer Staples | 1.76% | - | - | - | - | - | - | - | 1.76% |
| Energy | 6.20% | - | - | - | - | - | - | - | 6.20% |
| Health Care | 8.73% | - | - | - | - | - | - | - | 8.73% |
| Industrials | 21.12% | 8.08% | - | - | - | - | - | - | 29.21% |
| Basic Materials | 8.35% | 0.88% | - | - | - | - | - | - | 9.23% |
| Cash and Equivalents | - | - | - | - | - | - | - | 4.08% | 4.08% |
| Bonds | - | - | - | - | - | - | - | - | - |
Important Information
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for investment professionals and is for information purposes only.
Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Identification Codes
| Sedol Code | BFH3NC9 |
| Mex Code | 4SAAAI |
| Isin Code | GB00BFH3NC99 |
| Citi Code | JWHQ |
Fund Charges
| Entry Charge | 0.00% |
| Ongoing Charges | 0.90% |
Aims and Benchmark
| Aims | Man GLG Undervalued Assets Fund aims to achieve long-term capital growth through investing predominantly in securities of UK listed companies, either directly or indirectly (through permitted derivatives) which are considered to be undervalued relative to their asset base and to the returns on capital the companies are generating. |
| Benchmark | FTSE All Share |
| Benchmark Category | - |
| IA Sector | UK All Companies |
Fund Background
| Valuation frequency | Daily |
| Valuation point | 12:00 |
| Fund type | ICVC |
| Launch price | - |
| Fund currency | Pound Sterling |
| Fund domicile | United Kingdom |
| ISA allowable | Yes |
| SIPP allowable | Yes |
Distribution Details
| Income frequency | Biannually |
| Distribution Type | Dividend |
| Distribution Payment Basis | Net |
Distribution Dates
| Ex dividend date(s) | Income payment date(s) |
|---|---|
| 28 February | 30 April |
| 31 August | 31 October |
Ratings
| FE Crown |  |
Effect of Deductions
| Assuming a growth rate of 6.00% | Assuming a growth rate of 7.00% |
|---|---|
| - | - |
Fund Administration
| Fund Trustee/Depository | Bank of New York Mellon (International) Limited |
| Fund Administrator | Man Fund Management UK Limited |
| Fund Registrar | Man Fund Management UK Limited |
| Fund Custodian | Man Fund Management UK Limited |
Group Details
| Group name | Man Group |
| Group address | Riverbank House 2 Swan Lane London EC4R 3AD |
| Group telephone | 020 7144 1000 |
| Dealing telephone | - |
| salesoperations@man.com | |
| Homepage | www.man.com |
| Fax number | - |
Dealing
| Minimum Investment | £500000 |
| Minimum Top Up | £1000 |
| Minimum Regular Saving | - |
| Settlement Period: Buy | 4 days |
| Settlement Period: Sell | 4 days |
| Pricing Basis | Forward |
| Dealing Decimals | 3 |
Important Information
Ongoing charges may vary in the future and may be higher than they are now.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Risk Analysis
| Ratio | Value |
|---|---|
| Alpha | 3.06 |
| Beta | 1.08 |
| Sharpe | 0.74 |
| Standard Deviation | 11.85 |
| Info Ratio | 0.71 |
Risk Factors
| Risk Factor | Yes / No |
|---|---|
| Charges to Capital | No |
| Emerging Markets | No |
| Concentrated Portfolio | No |
| Smaller Companies | No |
| High Yield Bonds | No |
| Sector Specific | No |
| Geared Investments | No |
| Value of Investments | Yes |
| Investments Long Term | Yes |
| Property | No |
| Exchange Rate | No |
| Higher Risk | No |
| Performance Charges | No |
| Derivative Exposure | No |
| Offshore | No |
| Income Eroding Capital Growth | No |
| Umbrella Liabilities | No |
| New Fund | No |
| Solvency of Depository | No |
| Solvency of Bond Issuers | No |
| Ethical Restrictions | No |
| Liquidity | No |
| Returns Are Not Guaranteed | Yes |
| Inflation | Yes |
| Taxation and Tax Relief | Yes |
Fund Specific Risks
Value of Investments
The value of investments, and any income can fall, as well as rise, so you could get back less than you invested. Neither capital nor income is guaranteed.
Investments Long Term
Investments should be regarded as long term and are not suitable for money which may be needed in the short term, you should always have a sufficient cash reserve.
Returns Are Not Guaranteed
What you receive when you sell your investment is not guaranteed; it depends on how your investments perform.
Inflation
Inflation will reduce the real value of your investments in future.
Taxation and Tax Relief
Levels of taxation and tax relief are subject to change.
Important Information
The risk factor definitions are provided by Broadridge. These definitions may differ from those of Prudential or any underlying fund manager. The data itself is provided by Prudential or the underlying fund manager.
This factsheet is for investment professionals and is for information purposes only. You should refer to your client's policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this report or make any warranties regarding results from its usage.
Important Information
Source of performance data: FE fundinfo. Please remember that past performance is not a reliable indicator of future performance. The figures shown are intended only to demonstrate performance history of the fund and take no account of product charges. Fund Performance is based upon the movement of the daily price and is shown as total return in GBP with net income reinvested. The value of your client's investment may go down as well as up and the fund value may be less than the payments your client has made. Please also note that our charges may vary in the future and may be higher than they are now.
This factsheet is for investment professionals and is for information purposes only. You should refer to your client's policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this report or make any warranties regarding results from its usage.
"Prudential" is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.