Man Group GLG Undervalued Assets Class D Inc

Essentials Portfolio Analysis Background Data Performance View PDF Factsheet
Portfolio data accurate as at:

Performance

Discrete performance - to last month end

30/04/20
to
30/04/21		 30/04/21
to
30/04/22		 30/04/22
to
30/04/23		 30/04/23
to
30/04/24		 30/04/24
to
30/04/25
Fund 30.7% 4.5% 8.6% 18.8% 4.7%
Sector 30.3% -0.1% 1.8% 6.9% 4.1%
Rank 77/202 91/206 16/212 3/214 116/215
Quartile 2 2 1 1 3

Annualised performance

Annualised
3 Years to
30/04/25		 5 Years to
30/04/25		 10 Years to
30/04/25
Fund 10.6% 13.0% 6.7%
Sector 4.2% 8.1% 4.6%
Rank 4/212 11/202 14/177
Quartile 1 1 1

Top 10 Holdings

Stock % Weight
GSK 6.17
BARCLAYS 4.53
BP 4.17
HSBC HOLDINGS 4.13
SHELL 4.01
GRAFTON GROUP 3.34
BEAZLEY 3.32
LLOYDS BANKING GROUP 3.26
LANCASHIRE HLDGS 2.97
GRAINGER 2.83
Total 38.74

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

Henry Dixon manager for 11 years and 5 months

Photo of Henry Dixon 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 (06/05/2025) 172.50p
Historic yield 2.70%
Fund size (31/03/2024) £1422.03m
Number of holdings 60
Entry Charge 0.00%
Ongoing Charges 0.90%
Launch date 15/11/2013

Asset Allocation

pie chart
  UK Equities 81.27%
  International Equities 10.82%
  Cash and Equivalents 7.15%
  Property 0.76%
Portfolio data accurate as at: 31/03/24

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 investment can go down as well as up so you might get back less than you put in.

This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their 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.

Portfolio data accurate as at:

Asset Allocation

pie chart
  UK Equities 81.27%
  International Equities 10.82%
  Cash and Equivalents 7.15%
  Property 0.76%

Equity Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
 Financials 25.87% - - -
 
 Banks - 14.38% - -
 
 Banks - - 14.38% -
 
 Banks - - - 14.38%
 
 Insurance - 7.82% - -
 
 Non-life Insurance - - 7.82% -
 
 Property & Casualty Insurance - - - 7.82%
 
 Financial Services - 3.66% - -
 
 Investment Banking & Brokerage Services - - 1.95% -
 
 Investment Services - - - 1.51%
 
 Asset Managers & Custodians - - - 0.44%
 
 Finance & Credit Services - - 1.71% -
 
 Mortgage Finance - - - 1.71%
 
 Industrials 23.78% - - -
 
 Industrial Goods & Services - 17.76% - -
 
 Industrial Support Services - - 7.75% -
 
 Business Training & Employment Agencies - - - 4.24%
 
 Industrial Suppliers - - - 3.51%
 
 General Industrials - - 4.62% -
 
 Containers & Packaging - - - 4.14%
 
 Diversified Industrials - - - 0.48%
 
 Industrial Engineering - - 2.44% -
 
 Machinery: Specialty - - - 2.44%
 
 Electronic & Electrical Equipment - - 1.78% -
 
 Electrical Components - - - 1.78%
 
 Aerospace & Defence - - 1.17% -
 
 Defense - - - 0.59%
 
 Aerospace - - - 0.58%
 
 Construction & Materials - 6.02% - -
 
 Construction & Materials - - 6.02% -
 
 Building Materials: Other - - - 4.06%
 
 Cement - - - 1.07%
 
 Engineering & Contracting Services - - - 0.52%
 
 Construction - - - 0.37%
 
 Consumer Discretionary 11.24% - - -
 
 Consumer Products & Services - 5.18% - -
 
 Household Goods & Home Construction - - 4.45% -
 
 Home Construction - - - 4.45%
 
 Personal Goods - - 0.73% -
 
 Clothing & Accessories - - - 0.73%
 
 Travel & Leisure - 3.39% - -
 
 Travel & Leisure - - 3.39% -
 
 Airlines - - - 1.93%
 
 Hotels & Motels - - - 1.46%
 
 Retail - 1.47% - -
 
 Retailers - - 1.47% -
 
 Diversified Retailers - - - 0.95%
 
 Home Improvement Retailers - - - 0.52%
 
 Automobiles & Parts - 1.20% - -
 
 Automobiles & Parts - - 1.20% -
 
 Auto Parts - - - 1.20%
 
 Energy 10.24% - - -
 
 Energy - 10.24% - -
 
 Non-Renewable Energy - - 10.24% -
 
 Integrated Oil & Gas - - - 8.18%
 
 Oil Equipment & Services - - - 1.08%
 
 Oil: Crude Producers - - - 0.98%
 
 Cash and Equivalents 7.15% - - -
 
 Real Estate 6.69% - - -
 
 Real Estate - 6.69% - -
 
 Real Estate Investment Trusts - - 3.37% -
 
 Office REITs - - - 1.47%
 
 Other Specialty REITs - - - 1.14%
 
 Diversified REITs - - - 0.76%
 
 Real Estate Investment & Services - - 3.32% -
 
 Real Estate Holding and Development - - - 2.83%
 
 Real Estate Services - - - 0.49%
 
 Basic Materials 6.56% - - -
 
 Basic Resources - 3.55% - -
 
 Industrial Metals & Mining - - 3.55% -
 
 General Mining - - - 3.55%
 
 Chemicals - 3.01% - -
 
 Chemicals - - 3.01% -
 
 Specialty Chemicals - - - 2.04%
 
 Chemicals: Diversified - - - 0.97%
 
 Health Care 6.17% - - -
 
 Health Care - 6.17% - -
 
 Pharmaceuticals & Biotechnology - - 6.17% -
 
 Pharmaceuticals - - - 6.17%
 
 Consumer Staples 2.29% - - -
 
 Food, Beverage & Tobacco - 2.29% - -
 
 Food Producers - - 2.29% -
 
 Food Products - - - 2.29%
 
 Non-Classified 0.00% - - -
 
 Bonds 0.00% - - -

Regional Allocation

pie chart
  UK 81.27%
  Developed Europe - Excl UK 10.82%
  Cash and Equivalents 7.15%
  Property 0.76%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 92.85%
  Cash 7.15%

Regional Breakdown

Expand allCollapse all
Region Country
 
 UK 81.27% -
 
 United Kingdom - 81.27%
 
 Developed Europe - Excl UK 10.82% -
 
 Ireland - 8.78%
 
 Netherlands - 2.04%
 
 Cash and Equivalents 7.15% -
 
 Property 0.76% -

Breakdown By Market Cap (%)

Mega
 
 
25.82%
Large
 
 
7.95%
Medium
 
 
39.92%
Small
 
 
13.07%
Non-Classified
 
 
6.09%
Cash
 
 
7.15%

Top 10 Holdings

Stock % Weight Sector Country
1 GSK 6.17% Pharmaceuticals & Biotechnology United Kingdom
2 BARCLAYS 4.53% Banks United Kingdom
3 BP 4.17% Non-Renewable Energy United Kingdom
4 HSBC HOLDINGS 4.13% Banks United Kingdom
5 SHELL 4.01% Non-Renewable Energy United Kingdom
6 GRAFTON GROUP 3.34% Industrial Support Services Ireland
7 BEAZLEY 3.32% Non-life Insurance United Kingdom
8 LLOYDS BANKING GROUP 3.26% Banks United Kingdom
9 LANCASHIRE HLDGS 2.97% Non-life Insurance United Kingdom
10 GRAINGER 2.83% Real Estate Investment & Services United Kingdom

Dual Aspect Equity Analysis

UK Equities Int'l Equities UK Bonds Int'l Bonds UK Gilts Property Other Cash & Equiv Total
Financials 25.87% - - - - - - - 25.87%
Real Estate 5.93% - - - - 0.76% - - 6.69%
Consumer Discretionary 7.86% 3.38% - - - - - - 11.24%
Consumer Staples 2.29% - - - - - - - 2.29%
Energy 10.24% - - - - - - - 10.24%
Health Care 6.17% - - - - - - - 6.17%
Industrials 18.38% 5.40% - - - - - - 23.78%
Basic Materials 4.52% 2.04% - - - - - - 6.56%
Cash and Equivalents - - - - - - - 7.15% 7.15%
Bonds - - - - - - - - -
Non-Classified - - - - - - - - -

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 BFH3NB8
Mex Code 4SAAAE
Isin Code GB00BFH3NB82
Citi Code JWHR

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 Crown Rating of 4

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 -
Email 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.