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

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 7.6% 5.4% 18.8% 7.3% 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% 8.2%
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 manager for 0 years and 2 months

Photo of Jack Barrat 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 Dixon manager for 12 years and 4 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 (02/04/2026) 182.10
Historic yield -5.23%
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

pie chart
  UK Equities 79.89%
  International Equities 11.71%
  Property 4.32%
  Cash and Equivalents 4.08%
Portfolio data accurate as at: 31/01/26

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 79.89%
  International Equities 11.71%
  Property 4.32%
  Cash and Equivalents 4.08%

Equity Sector Breakdown

Expand allCollapse all
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

pie chart
  UK 79.89%
  Developed Europe - Excl UK 11.71%
  Property 4.32%
  Cash and Equivalents 4.08%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 95.92%
  Cash 4.08%

Regional Breakdown

Expand allCollapse all
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 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.

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 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.