MAN AHL DIVERSIFIED FUTURES LTD. - TRANCHE B (BACK-ENDED)

BMG0122Q1087

Risk Rating: Level 4

iFund risk rating methodology is a qualitative and quantitative assessment of a single fund’s geographic and asset class focus, investment style and any potential risk factors, as measured from one (1) (lowest risk) to six (6) (highest risk). For the funds with risk rating three (3) or four (4), these are mainly aimed at providing income and capital appreciation to investors by investing primarily in balanced portfolio, including high yield bonds and global equities etc. For more details, please refer to the Due Diligence section under the Procedures page.

Dealing Hours

Dealing Information

Secure Transaction

Derivatives knowledge required

USD10,000.00Min. Subscription

3.0000%

USD10,000.00Min. Subscription

USD

USD10,000.00Min. Subscription

USD10,000.00

USD10,000.00

Weekly

16:30

-

*Not include dividends (If applicable)

Fund Performances (including dividend, if any)

1 mth
-5.81%
3 mth
-5.79%
6 mth
+3.35%
1 yr
+15.00%
3 yr
+13.10%
5 yr
+11.90%

Analytical Figures (3 years)

Annualized Return
+4.19%
Annualized Volatility
+13.67%
Sharpe Ratio
+0.31

Fund Information

Fund Houses
Man Investments (Hong Kong) Limited
Launch Date
1998-05-11
Fund Manager
Systematic Futures
Manager Start Date
Geographical Focus
Global
Asset Class/ Sector
Hedge Fund
Risk Rating
Risk Level 4

iFund risk rating methodology is a qualitative and quantitative assessment of a single fund’s geographic and asset class focus, investment style and any potential risk factors, as measured from one (1) (lowest risk) to six (6) (highest risk). For the funds with risk rating three (3) or four (4), these are mainly aimed at providing income and capital appreciation to investors by investing primarily in balanced portfolio, including high yield bonds and global equities etc. For more details, please refer to the Due Diligence section under the Procedures page.

Fund AUM(As of 2014-10-30)
USD 183,133,100
Management Fee
3.0000%
Latest Dividend
N.A.

Sector Leaders

    No Funds

Dealing Information

Secure Transaction

Derivatives knowledge required

USD10,000.00Min. Subscription

3.0000%

USD10,000.00Min. Subscription

USD

USD10,000.00Min. Subscription

USD10,000.00

USD10,000.00

Weekly

16:30

-

Dividend Records

No Dividends

Investment Objective

The Company seeks to achieve substantial medium?term capital growth while aiming to restrict the associated risk.

Nature and Extent of Risks

The Company may substantially invest in various futures and option contracts and may use long or short investment strategies. Risks inherent in the Company are not typically encountered in traditional funds. Besides the Company undertakes a special risk which may lead to substantial or total loss of investments and is not suitable for investors who cannot afford to take on such risk. Please refer to the Prospectus for details including the risk factors. This product requires derivative knowledge.
1. Risk of investing in futures and options
‧ The Company primarily invests in futures and options. This may involve investing extensively in financial derivative instruments (‘FDIs’) , including warrants, options, futures, convertible securities, interest rates and equity swaps, which can be highly volatile and expose investors to a high risk of loss due to the leveraged effect embedded in it.
‧ Futures and options investments are subject to key risk factors including leverage, counterparty and liquidity risks and substantial losses may be suffered. Risks associated with the use of FDIs include leverage, counterparty and liquidity risks. The Company may utilise over-the-counter (OTC) FDIs which may involve additional risk.
‧ Shareholders’ returns on the Shares will be subject to market risk of markets which include, but are not limited to, stocks, bonds, currencies, interest rates, energies, metals and agriculturals.
2. Model risk
‧ While pursuing the investment objective the Company may employ complex trading programmes or analytical models. Such trading programmes and analytical models may be fallible which could result in losses.
3. Counterparty risk
‧ The Company is subject to the possibility of insolvency of any counterparty with which it trades financial derivative instrument contracts outside of recognised exchanges. This could result in substantial loss to the Company.
4. Leverage risk
‧ The Company may borrow and may utilise swaps and other off balance sheet derivative transactions and other forms of leverage. Leverage has the effect of potentially magnifying losses and could result in the value of the Company’s net assets and the Net Asset Value per Share decreasing. The cumulative effect of the use of leverage in a market that moves adversely to a leveraged investment could result in a substantial loss which would be greater than if leverage were not used.
5. Liquidity risk
‧ The Company may make investments in markets that are volatile and which may become illiquid. Accordingly, it may not be possible in certain circumstances for a position to be initiated or liquidated promptly (in the event of insufficient trading activity in the relevant market or otherwise). This risk may be accentuated where the Company is required to liquidate positions to meet margin requests, margin calls or other funding requirements.
6. Incentive fee (i.e. performance fee)
‧ Investors should note there will be an incentive fee which is accrued on a weekly basis. There is a risk that an investor redeeming Shares may still incur an incentive fee in respect of the Shares, even though a loss in investment capital has been suffered by the redeeming investor.
7. This product requires derivative knowledge.
‧ The fund may use financial derivative instruments (FDI) extensively to meet its specific investment objective. There is no guarantee that the performance of FDI will result in a positive effect for the fund. FDI exposure may lead to a high risk of capital loss. Risks associated with FDI mainly include counterparty risk and over-the-counter (“OTC”) transaction risks.
‧ Given the leverage effect embedded in derivatives, in the worst case scenario, the entire value of your investment in the Sub-Fund may be lost
‧ Counterparty risk – The fund will be subject to the risk of the inability of any counterparty through or with which the fund conducts the FDI transactions to perform its obligations, whether due to insolvency, bankruptcy or other causes.
‧ OTC transaction risks – FDI traded in OTC markets may be more volatile and less liquid. Its prices may include an undisclosed dealer mark-up which a fund may pay as part of the purchase price.

Manage your asset round-the-clock

Hotline

852
3896 3896

1501, 15/F, 101 King's Road,
North Point, Hong Kong

Mon - Fri (excluding public holidays)
09:00 - 18:00

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