# FUND DETAILS
Inception Date¹	04 January 2017
Fund Size	USD 218,768,676
Portfolio Manager(s)	Mike Corcell, Alex Robarts
Structure	UCITS
Domicile	Ireland

## Valuation Frequency	Daily
Dealing Frequency	Daily
Subscriptions	Before 13:00 (Dublin) on dealing date
Redemptions	Before 13:00 (Dublin) on dealing date
Investment Type	Accumulating Ongoing Charge Figure (OCF)¹	2.11% Performance Fee¹	20.00%
SFDR Classification	Article 8
¹ Refers to the reporting share class only. Other classes may differ.

### The Fund may be regarded as promoting, among other characteristics, environmental and social characteristics within the meaning of Article 8 of SFDR. The Investment Manager applies an exclusion list which prevents it from investing in controversial stocks or industries which may be related to arms and munitions, nuclear weapons, tobacco and companies which have moderate to significant amount of revenues associated with coal production. In addition, the Investment Manager will typically exclude companies that are determined to be in non-compliance with the United Nations Global Compact.
| Source: Man Group plc (30 November 2022) |  |
| --- | --- |
| PERFORMANCE RETURNS | Reporting |
|  | Shareclass |
| 1 Month | 0.53% |
| 3 Months | 3.15% |
| 6 Months | 0.02% |
| YTD | -4.05% |
| 1 Year | -4.61% |
| 3 Years | 9.22% |
| 5 Years | 12.69% |
| Since Inception | 20.58% |

Performance (rebased)
Past Performance is not indicative of future performance. Returns may increase or decrease as a result of currency fluctuations. Performance data is shown net of the reporting class Ongoing Charge Figure (or TER), performance fees and transaction costs and gross of taxes with gross dividend income reinvested, and does not take into account sales and redemption charges where such costs are applicable. Other share classes may charge different fees. This is a marketing communication.

#### MONTHLY SUMMARY REPORT: 30 NOVEMBER 2022	REPORTING CLASS: Man GLG Innovation Equity Alternative DN USD
|  |  |  |  |  |
| --- | --- | --- | --- | --- |
|  |
|  |  |  |  |  |

| TOP 10 EQUITY EXPOSURE | BY COUNTRY |  |  | EQUITY EXPOSURE BY SECTOR |  |
| --- | --- | --- | --- | --- | --- |
|  | Long Positions | Short Positions |  |  | Long Positions | Short Positions |
| United States | 31.19% | 21.08% |  | Communication Services | 2.39% | 0.51% |
| Canada | 7.50% | 2.92% |  | Consumer Discretionary | 6.64% | 14.48% |
| Australia | 0.00% | 0.00% |  | Consumer Staples | 10.26% | 1.13% |
| Ireland | 0.00% | 0.00% |  | Energy | 5.13% | 0.00% |
| Netherlands | 0.00% | 0.00% |  | Financials | 1.31% | 0.00% |
| Switzerland | 0.00% | 0.00% |  | Health Care | 0.00% | 0.00% |
| United Kingdom | 0.00% | 0.00% |  | Industrials | 6.19% | 0.00% |
|  | Information Technology | 3.02% | 3.05% |
| Materials | 0.00% | 0.00% |
| Real Estate | 3.77% | 4.83% |
| Unclassified | 0.00% | 0.00% |
| Utilities | 0.00% | 0.00% |

| TOP 10 LONG STOCKS^ |  |  | TOP 10 SHORT STOCKS^ |  |
| --- | --- | --- | --- | --- |
|  | Exposure |  |  | Exposure |
| HOSTESS BRANDS, INC. | 8.20% |  | Consumer Discretionary | 3.09% |
| GFL ENVIRONMENTAL INC | 4.09% |  | Consumer Discretionary | 2.92% |
| CROWN CASTLE INC | 3.77% |  | Real Estate | 1.61% |
| LULULEMON ATHLETICA INC | 3.41% |  | Real Estate | 1.61% |
| PLANET FITNESS INC | 3.23% |  | Real Estate | 1.61% |
| TECHNIPFMC PLC | 3.08% |  | Consumer Discretionary | 1.32% |
| MOTOROLA SOLUTIONS INC | 3.02% |  | Information Technology | 1.28% |
| NETFLIX.COM INC | 2.39% |  | Consumer Discretionary | 1.26% |
| WILLSCOT MOBILE MINI HOLDINGS CORP | 2.10% |  | Consumer Discretionary | 1.24% |
| MONSTER BEVERAGE CORP | 2.06% |  | Consumer Discretionary | 1.01% |


#### MONTHLY SUMMARY REPORT: 30 NOVEMBER 2022	REPORTING CLASS: Man GLG Innovation Equity Alternative DN USD
| EQUITY EXPOSURE BY MARKET | CAP |  |  | POSITION CONCENTRATION |  |
| --- | --- | --- | --- | --- | --- |
|  | Long Positions | Short Positions |  |  |
| $50Bn + | 8.21% | 5.99% |  | Top 10 | 37.20% |
| $10Bn - $50Bn | 9.83% | 11.17% |  | Top 20 | 53.40% |
| $2Bn - $10Bn | 20.65% | 4.59% |  | Top 30 | 61.44% |
| $0.25Bn - $2Bn | 0.00% | 2.25% |  |  |  |

| HISTORICAL PERFORMANCE |
| --- |
|  | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | YTD |
| 2017 | 0.93% | 0.11% | 0.57% | 1.30% | 1.36% | -0.23% | 1.00% | -0.23% | 0.15% | 1.30% | 0.54% | -1.17% | 5.75% |
| 2018 | 1.02% | -0.36% | 0.47% | -0.50% | 0.70% | -0.43% | 0.22% | -0.11% | 0.28% | -0.27% | 0.95% | -0.45% | 1.50% |
| 2019 | -0.08% | -0.63% | 1.25% | 1.58% | -1.42% | 0.53% | 0.39% | 0.94% | -0.37% | 0.20% | 0.47% | 1.82% | 4.72% |
| 2020 | 1.40% | -0.87% | 0.81% | 2.47% | 3.77% | 1.02% | 3.82% | 0.55% | 0.82% | -1.13% | 1.98% | 1.07% | 16.73% |
| 2021 | -3.25% | 4.10% | 0.28% | 0.22% | -1.04% | -0.89% | -1.51% | -0.58% | 0.03% | 2.36% | -3.22% | -0.59% | -4.23% |
| 2022 | -1.39% | -0.04% | -0.92% | -1.43% | -0.35% | -0.60% | -1.22% | -1.24% | 1.37% | 1.22% | 0.53% | - | -4.05% |

| Class | NAV | 2019 | 2020 | 2021 | ISIN | Minimum Initial | Minimum Additional | Entry Charge‡ | Redemption Fee (Up to) | OCF | Performance Fee |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| DN USD | 120.58 | 4.72% | 16.73% | -4.23% | IE00BDRKSX26 | 1,000 | - | N/A | N/A | 2.11% | 20.00% |
| DN H CHF | 107.90 | 2.33% | 15.10% | -5.23% | IE00BDRKSS72 | 1,000 | - | N/A | N/A | 2.11% | 20.00% |
| DN H EUR | 108.99 | 2.14% | 15.33% | -5.06% | IE00BDRKST89 | 1,000 | - | N/A | N/A | 2.11% | 20.00% |
| DNF H EUR | 103.43 | - | - | -4.56% | IE00BDRKSY33 | 1,000 | - | N/A | N/A | 1.60% | 20.00% |
| IN H CHF | 111.95 | 2.60% | 15.74% | -4.47% | IE00BDRKT060 | 1,000,000 | - | N/A | N/A | 1.34% | 20.00% |
| IN H EUR | 112.93 | 2.85% | 15.99% | -4.40% | IE00BDRKT177 | 1,000,000 | - | N/A | N/A | 1.35% | 20.00% |
| IN H GBP | 119.47 | 3.83% | 16.73% | -3.84% | IE00BDRKT284 | 1,000,000 | - | N/A | N/A | 1.35% | 20.00% |
| IN H SEK | 114.53 | 2.98% | 16.02% | -4.15% | IE00BDRKT409 | 5,000,000 | - | N/A | N/A | 1.35% | 20.00% |
| IN USD | 125.73 | 5.29% | 17.43% | -3.51% | IE00BDRKT516 | 1,000,000 | - | N/A | N/A | 1.35% | 20.00% |
| INF H EUR | 116.56 | 3.27% | 16.48% | -3.84% | IE00BDRKT623 | 1,000,000 | - | N/A | N/A | 0.85% | 20.00% |
| INF H GBP | 121.17 | 4.24% | 17.19% | -3.27% | IE00BYX7RF96 | 1,000,000 | - | N/A | N/A | 0.85% | 20.00% |
| INF USD | 126.89 | 5.71% | 17.95% | -3.12% | IE00BDRKT730 | 1,000,000 | - | N/A | N/A | 0.85% | 20.00% |
| INU H EUR | 106.94 | 2.83% | 16.15% | -3.91% | IE00BFZ18L99 | 1,000,000 | - | N/A | N/A | 1.10% | 20.00% |
| INU H GBP | 115.91 | 4.03% | 16.93% | -3.47% | IE00BYP55G81 | 1,000,000 | - | N/A | N/A | 1.10% | 20.00% |

Model calculation (net): an investor wishes to purchase shares for Euro 1,000. With a maximum issue surcharge of 5.00%, he has to spend a one-off amount of Euro 50.00 when making the purchase. In addition, there may be custodian costs that reduce performance. The custodian costs are decided by your bank’s price list and service charges.
‡

#### Entry Charge is up to the rate indicated.
*
Awards and/or ratings should not be construed as an endorsement of any Man Group company nor or of their products or services. Please refer to the websites of the sponsors/ issuers for information regarding the criteria on which the awards/ratings are determined.

#### Morningstar Analyst Rating™ & Morningstar Rating™ © Morningstar. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers;
(2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Morningstar Rating past performance is no guarantee of future results. Where applicable, detailed information about Morningstar's Analyst Rating & the Morningstar Rating, including their methodology, is available upon request.

#### ^The organisations and/or financial instruments mentioned are for reference purposes only. The content of this material should not be construed as a recommendation for their purchase or sale.

Translation (ENES, 2022-11-30):
# DETALLES DEL FONDO
Fecha de creación¹	04 enero 2017
Tamaño del Fondo	USD 218.768.676
Gestor(es) de la Cartera	Mike Corcell, Alex Robarts
Estructura	UCITS
Domicilio	Ireland
Frecuencia de valoración	Diariamente
Frecuencia de negociación	Diariamente
Suscripciones	Antes 13:00 (Dublin) en la fecha de negociación

## Antes 13:00 (Dublin) en la fecha de
Reembolsos

## negociación
Tipo de inversión	Acumulación Cifra de gastos corrientes (CGC)¹	2,11% Comisión de rentabilidad¹	20,00%
Rentabilidad
SFDRclassification	Article 8
¹ Solo hace referencia a las clases de acciones declarantes. Las otras clases pueden ser diferentes.
Fuente: Man Group plc (30 noviembre 2022)

## Podrá considerarse que el Fondo promueve, entre otras características, las características medioambientales y sociales en el sentido del artículo 8 de la SFDR.El Gestor de Inversiones aplica una lista de exclusión que le impide invertir en acciones o industrias controvertidas que pueden estar relacionadas con armas y municiones, armas nucleares, tabaco y empresas que tienen una cantidad moderada a significativa de ingresos asociados con la producción de carbón. Además, el Administrador de Inversiones generalmente excluirá a las empresas que se determine que no cumplen con el Pacto Mundial de las Naciones Unidas.
La rentabilidad histórica no constituye una indicación de la rentabilidad futura. La rentabilidad puede aumentar o disminuir debido a las fluctuaciones de divisas. 
Los datos de rentabilidad que se muestran tienen en cuenta la cifra de gastos corrientes (o TER), las comisiones de rentabilidad y los costes de operación, pero no tienen en cuenta los impuestos relativos a la reinversión de dividendos brutos ni los costes y gastos de venta y reembolso, en caso de que dichos costes sean aplicables. Las otras clases de acciones pueden cobrar comisiones diferentes.
FICHA MENSUAL: 30 NOVIEMBRE 2022	CLASE DE ACCIONES DE REFERENCIA: Man GLG Innovation Equity Alternative DN USD
|  |  |  |  |  |
| --- | --- | --- | --- | --- |
|  |
|  |  |  |  |  |

| PRIMERAS 10 EXPOSICIONES A LA RENTA VARIABLE POR PAÍS |  | EXPOSICIÓN A LA RENTA VARIABLE POR SECTOR |
| --- | --- | --- |
|  | Larga | Corto |  |  | Larga | Corto |
| United States | 31,19% | 21,08% |  | Servicios de Comunicacion | 2,39% | 0,51% |
| Canada | 7,50% | 2,92% |  | Consumo discrecional | 6,64% | 14,48% |
| Australia | 0,00% | 0,00% |  | Productos básicos | 10,26% | 1,13% |
| Ireland | 0,00% | 0,00% |  | Energía | 5,13% | 0,00% |
| Netherlands | 0,00% | 0,00% |  | Sector financiero | 1,31% | 0,00% |
| Switzerland | 0,00% | 0,00% |  | Atención sanitaria | 0,00% | 0,00% |
| United Kingdom | 0,00% | 0,00% |  | Industria | 6,19% | 0,00% |
|  | Tecnologías de la información | 3,02% | 3,05% |
| Materiales | 0,00% | 0,00% |
| Bienes inmuebles | 3,77% | 4,83% |
| Desclasificado | 0,00% | 0,00% |
| Bienes de servicios | 0,00% | 0,00% |

| PRIMERAS 10 POSICIONES LARGAS^ |  |  | PRIMERAS 10 POSICIONES CORTAS^ |  |
| --- | --- | --- | --- | --- |
|  | Exposure |  |  | Exposure |
| HOSTESS BRANDS, INC. | 8,20% |  | Consumo discrecional | 3,09% |
| GFL ENVIRONMENTAL INC | 4,09% |  | Consumo discrecional | 2,92% |
| CROWN CASTLE INC | 3,77% |  | Bienes inmuebles | 1,61% |
| LULULEMON ATHLETICA INC | 3,41% |  | Bienes inmuebles | 1,61% |
| PLANET FITNESS INC | 3,23% |  | Bienes inmuebles | 1,61% |
| TECHNIPFMC PLC | 3,08% |  | Consumo discrecional | 1,32% |
| MOTOROLA SOLUTIONS INC | 3,02% |  | Tecnologías de la información | 1,28% |
| NETFLIX.COM INC | 2,39% |  | Consumo discrecional | 1,26% |
| WILLSCOT MOBILE MINI HOLDINGS CORP | 2,10% |  | Consumo discrecional | 1,24% |
| MONSTER BEVERAGE CORP | 2,06% |  | Consumo discrecional | 1,01% |

FICHA MENSUAL: 30 NOVIEMBRE 2022	CLASE DE ACCIONES DE REFERENCIA: Man GLG Innovation Equity Alternative DN USD
|  | Larga | Corto |
| --- | --- | --- |
| $50Bn + | 8,21% | 5,99% |
| $10Bn - $50Bn | 9,83% | 11,17% |
| $2Bn - $10Bn | 20,65% | 4,59% |
| $0.25Bn - $2Bn | 0,00% | 2,25% |

| RENTABILIDAD HISTÓRICA |
| --- |
|  | Ene | Feb | Mar | Abr | Mayo | Jun | Jul | Ago | Sep | Oct | Nov | Dic | YTD |
| 2017 | 0,93% | 0,11% | 0,57% | 1,30% | 1,36% | -0,23% | 1,00% | -0,23% | 0,15% | 1,30% | 0,54% | -1,17% | 5,75% |
| 2018 | 1,02% | -0,36% | 0,47% | -0,50% | 0,70% | -0,43% | 0,22% | -0,11% | 0,28% | -0,27% | 0,95% | -0,45% | 1,50% |
| 2019 | -0,08% | -0,63% | 1,25% | 1,58% | -1,42% | 0,53% | 0,39% | 0,94% | -0,37% | 0,20% | 0,47% | 1,82% | 4,72% |
| 2020 | 1,40% | -0,87% | 0,81% | 2,47% | 3,77% | 1,02% | 3,82% | 0,55% | 0,82% | -1,13% | 1,98% | 1,07% | 16,73% |
| 2021 | -3,25% | 4,10% | 0,28% | 0,22% | -1,04% | -0,89% | -1,51% | -0,58% | 0,03% | 2,36% | -3,22% | -0,59% | -4,23% |
| 2022 | -1,39% | -0,04% | -0,92% | -1,43% | -0,35% | -0,60% | -1,22% | -1,24% | 1,37% | 1,22% | 0,53% | - | -4,05% |

| Rendimien- Rendimien- Gasto de Clase	VL	2019	2020	2021	ISIN	to inicial  to adicional entrada‡ mínimo	mínimo | Comisión de reembolso (hasta) | CGC	Comisión de rentabilidad |
| --- | --- | --- |
| DN USD | 120,58 | 4,72% | 16,73% | -4,23% | IE00BDRKSX26 | 1.000 | -	N/A | N/A | 2,11% | 20,00% |
| DN H CHF | 107,90 | 2,33% | 15,10% | -5,23% | IE00BDRKSS72 | 1.000 | -	N/A | N/A | 2,11% | 20,00% |
| DN H EUR | 108,99 | 2,14% | 15,33% | -5,06% | IE00BDRKST89 | 1.000 | -	N/A | N/A | 2,11% | 20,00% |
| DNF H EUR | 103,43 | - | - | -4,56% | IE00BDRKSY33 | 1.000 | -	N/A | N/A | 1,60% | 20,00% |
| IN H CHF | 111,95 | 2,60% | 15,74% | -4,47% | IE00BDRKT060 | 1.000.000 | -	N/A | N/A | 1,34% | 20,00% |
| IN H EUR | 112,93 | 2,85% | 15,99% | -4,40% | IE00BDRKT177 | 1.000.000 | -	N/A | N/A | 1,35% | 20,00% |
| IN H GBP | 119,47 | 3,83% | 16,73% | -3,84% | IE00BDRKT284 | 1.000.000 | -	N/A | N/A | 1,35% | 20,00% |
| IN H SEK | 114,53 | 2,98% | 16,02% | -4,15% | IE00BDRKT409 | 5.000.000 | -	N/A | N/A | 1,35% | 20,00% |
| IN USD | 125,73 | 5,29% | 17,43% | -3,51% | IE00BDRKT516 | 1.000.000 | -	N/A | N/A | 1,35% | 20,00% |
| INF H EUR | 116,56 | 3,27% | 16,48% | -3,84% | IE00BDRKT623 | 1.000.000 | -	N/A | N/A | 0,85% | 20,00% |
| INF H GBP | 121,17 | 4,24% | 17,19% | -3,27% | IE00BYX7RF96 | 1.000.000 | -	N/A | N/A | 0,85% | 20,00% |
| INF USD | 126,89 | 5,71% | 17,95% | -3,12% | IE00BDRKT730 | 1.000.000 | -	N/A | N/A | 0,85% | 20,00% |
| INU H EUR | 106,94 | 2,83% | 16,15% | -3,91% | IE00BFZ18L99 | 1.000.000 | -	N/A | N/A | 1,10% | 20,00% |
| INU H GBP | 115,91 | 4,03% | 16,93% | -3,47% | IE00BYP55G81 | 1.000.000 | -	N/A | N/A | 1,10% | 20,00% |

Cálculo de ejemplo (neto): un inversor desea adquirir acciones por 1.000 euros. Con un recargo de emisión máximo del 5 %, tiene que pagar un importe único de 50 euros en el momento de la adquisición. Además, puede que haya costes de depósito que reduzcan la rentabilidad. Los costes de depósito se basan en la lista de precios de su banco y en las comisiones del servicio.
‡
Los gastos de entrada ascienden al tipo indicado.
*
Los premios y/o calificaciones no deben interpretarse como una aprobación de ninguna sociedad del Grupo Man ni de ninguno de sus productos o servicios. Consulte las páginas web de los patrocinadores/emisores para obtener información acerca de los criterios que se utilizan para determinar los premios/calificaciones.
Morningstar Analyst Rating™ & Morningstar Rating™ © Morningstar. Todos los derechos reservados. La información que se incluye en el presente documento: (1) es propiedad de Morningstar y/o de sus proveedores de contenido; (2) no se puede copiar ni distribuir; y (3) no se garantiza que sea precisa, completa u oportuna. Ni Morningstar ni sus proveedores de contenido responderán ante los posibles daños o pérdidas derivados del uso de dicha información. La rentabilidad histórica de Morningstar Rating no constituye garantía alguna de los resultados futuros. Si es necesario, dispone de información detallada acerca de Morningstar's Analyst Rating & Morningstar Rating, incluida su metodología, previa solicitud.
^Las organizaciones y/o instrumentos financieros se mencionan con fines de referencia. El contenido de este material no debe interpretarse como una recomendación de compra o venta.