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Man GLG Asia Opportunities Fund

A long only, style agnostic, fundamentally driven strategy focused on capturing the turning points in earnings revisions to generate alpha.

Fund Overview

At the core of Man GLG’s investment approach is relative earnings revisions, premised on the belief that earnings revisions are a more persistent and durable source of alpha than any other single factor in this region. As such, the investment team’s core focus is to capture turning points in companies that have high earnings per share revision potential over a forecast period of up to 12-18 months.

The team takes a bottom-up approach, leading to those stocks it believes demonstrate greater potential for movement, whether positive or negative, in their key profit drivers such as revenue, costs, margins, cashflows and ultimately, earnings per share.

The Fund’s portfolio is constructed to ensure favourable countries, industries or investment styles are included. It is not intended that the Fund will have a particular industry or sector focus, nor is its investment approach driven by style or market capitalisation. Instead, the focus is on positioning the Fund to benefit from strong and consistent capital appreciation in the medium- to long-term.

The resulting portfolio is a concentrated long-only strategy that invests in Asia ex-Japan companies across all market capitalisations, with a preference for mid-cap stocks. It can also invest in companies that derive a majority of revenues from that region. The portfolio is generally comprised of 35-45 stocks, selected from a universe of approximately 1200.

Entry and exit prices are available here.

QUICKLINKS
FUND FACTS
  • APIRGSF6910AU
  • Inception date19 October 2022
  • DistributionsAnnually
  • Fund size at 30.06.2024$12.35 M
  • Units on issue at 30.06.202410.51 M
HOW TO INVEST

Investment can be made using the Fund’s PDS or through key platforms, including:

  • BT Panorama
  • Colonial CFS Edge
  • Colonial FirstWrap
  • HUB24 Investment
  • Mason Stevens Wealth
  • Netwealth Investment
  • Praemium SMA
  • PowerWrap
Research opinion

Portfolio Value of $10,000 Invested

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Man GLG Asia Opportunities Fund Performance

As at
30 June 2024
Month % 3 Months % 1 Year % 3 Years % p.a. 5 Years % p.a. 7 Years % p.a. 10 Years % p.a. Since Inception1
% p.a.
Fund2 3.55 4.00 10.52 N/A N/A N/A N/A 12.91
Benchmark3 3.82 5.05 12.52 N/A N/A N/A N/A 14.27
Over / (Under) (0.27) (1.05) (2.00) N/A N/A N/A N/A (1.36)

Man GLG Asia Opportunities Fund Performance Components

As at
30 June 2024
Month % 3 Months % 1 Year % 3 Years % p.a. 5 Years % p.a. 7 Years % p.a. 10 Years % p.a. Since Inception1
% p.a.
Distribution4 4.07 4.09 4.34 N/A N/A N/A N/A 2.93
Growth (0.52) (0.09) 6.18 N/A N/A N/A N/A 9.98
Total 3.55 4.00 10.52 N/A N/A N/A N/A 12.91

1 19 October 2022
2 Fund returns are calculated net of management fees and assuming all distributions are reinvested
3 MSCI All Country Asia ex Japan Net Index in AUD

Past performance is not a reliable indicator of future performance.

*All data is the property of MSCI. No use or distribution without written consent. Data provided “as is” without any warranties. MSCI assumes no liability for or in connection with the data.

IMPORTANT INFORMATION

This material has been provided for general information purposes only and must not be construed as investment advice. This material has been prepared without taking account of the objectives, financial situation or needs of individuals. Before making an investment decision in relation to a Fund, investors should consider the appropriateness of this information, having regard to their own objectives, financial situation and needs, and read and consider the product disclosure statement (PDS) for the Fund prior to making any investment decision. The PDS is available on this website or by calling 1300 133 451.

Past performance information provided on this website is given for illustrative purposes only and should not be relied upon as (and is not) an indication of future performance. Investing involves risk including loss of capital invested. None of GSFM Responsible Entity Services Limited, its related bodies or associates nor any other person guarantees the repayment of capital or the performance of the Fund or any particular returns from the Fund. Please click on this link to read the disclaimers in full.

Investment Team

Andrew Swan

Andrew Swan

Head of Asia (ex-Japan) Equities

FUND AT A GLANCE
  • The investment team is led by a highly experienced and established Asian equity portfolio manager
  • The investment strategy has been developed and refined over a period of 9+ years
  • High conviction all-cap portfolio with a preference for mid-caps
  • Style agnostic approach with the flexibility to shift in/out of styles

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