# EXPOSURE AND RISK ANALYSIS
| TOP 5 MARKETS BY GROSS CONTRIBUTION^ |  |  | BOTTOM 5 MARKETS BY GROSS CONTRIBUTION^ |  |
| --- | --- | --- | --- | --- |
| South Korean Won/US Dollar | 1.23% |  | Brazilian Real/US Dollar | -0.27% |
| Gilts - 10yr | 1.07% |  | Euro/Polish Zloty | -0.26% |
| Italian Bonds - 10yr | 0.93% |  | UK Sterling/Japanese Yen | -0.21% |
| Euro/US Dollar | 0.62% |  | VIX Volatility Index | -0.17% |
| MSCI Emerging Market Index | 0.56% |  | Euro/Australian Dollar | -0.17% |
|  |  |  |  |  |

MONTHLY SUMMARY REPORT: 30 SEPTEMBER 2022	REPORTING CLASS: Man AHL Trend Alternative DNY H EUR Acc
| HISTORICAL PERFORMANCE |
| --- |
|  | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | YTD |
| 2009 | - | - | - | - | - | - | 0.68% | -0.89% | 2.61% | -1.76% | 2.22% | -6.37% | -3.74% |
| 2010 | -2.13% | -0.85% | 5.02% | 2.12% | -1.12% | 0.63% | -2.53% | 6.39% | 0.62% | 6.41% | -8.29% | 5.74% | 11.51% |
| 2011 | -3.36% | 1.04% | -4.97% | 4.26% | -1.60% | -3.66% | 4.95% | 1.54% | -0.78% | -5.61% | -0.39% | 0.47% | -8.40% |
| 2012 | -0.72% | 1.53% | -3.25% | -0.17% | 0.83% | -3.52% | 4.59% | -2.37% | 0.11% | -2.74% | 1.67% | 0.56% | -3.74% |
| 2013 | 1.82% | -0.77% | 2.52% | 5.37% | -8.75% | -3.99% | -1.12% | -3.01% | -1.91% | 6.06% | 1.68% | -1.50% | -4.45% |
| 2014 | -1.48% | 1.31% | -1.00% | 2.31% | 8.81% | 3.15% | -1.07% | 6.03% | -0.60% | 1.74% | 7.24% | 1.80% | 31.38% |
| 2015 | 7.35% | 1.22% | 1.48% | -3.99% | -2.11% | -4.76% | 2.19% | 0.42% | 3.27% | -4.78% | 1.63% | -5.01% | -3.84% |
| 2016 | 3.78% | 2.83% | 0.43% | -4.18% | -3.43% | 2.42% | 1.71% | -1.50% | -3.28% | -2.56% | 0.51% | 3.29% | -0.43% |
| 2017 | 0.92% | 2.63% | -1.21% | -0.12% | 4.01% | -3.22% | 5.13% | 1.58% | -4.02% | 5.63% | 0.62% | -2.02% | 9.82% |
| 2018 | 6.31% | -8.58% | -0.77% | -1.95% | -0.24% | 1.28% | -2.67% | 3.94% | -5.42% | 0.67% | -3.30% | 6.87% | -4.91% |
| 2019 | -0.98% | -1.63% | 8.44% | 2.99% | 0.56% | 3.63% | 8.14% | 3.25% | -4.12% | -6.46% | 1.91% | 1.01% | 16.84% |
| 2020 | -2.20% | -2.20% | 7.18% | -3.18% | -2.55% | -2.28% | 2.59% | 0.35% | -3.49% | -1.96% | 1.35% | 7.38% | 0.20% |
| 2021 | -3.98% | 2.89% | 3.37% | 1.63% | 2.32% | -1.53% | 1.25% | -0.82% | -5.64% | 4.72% | -7.57% | -0.32% | -4.39% |
| 2022 | -4.11% | 0.13% | 6.66% | 6.98% | -0.87% | 2.94% | -4.94% | 2.36% | 9.40% | - | - | - | 18.99% |

| Class	NAV | 2019 | 2020 | 2021 | ISIN | Minimum Initial | Minimum Additional | Entry Charge‡ | Redemption Fee (Up to) | OCF | Performance Fee |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| DNY H EUR158.23 | 16.84% | 0.20% | -4.39% | LU0424370004 | 10,000 | 500 | N/A | N/A | 2.77% | 20.00% |
| DN H CHF Acc	120.44 | 16.49% | 0.30% | -3.96% | LU0851818665 | 100,000 | 500 | N/A | N/A | 2.29% | 20.00% |
| DN H EUR Acc	144.67 | 17.71% | 0.76% | -3.90% | LU0851818400 | 100,000 | 500 | N/A | N/A | 2.27% | 20.00% |
| DNK H EUR139.73 | 18.09% | 1.21% | -3.26% | LU1554454246 | 100,000 | 500 | N/A | N/A | 1.77% | 20.00% |
| DNR H EUR132.63 | 15.79% | -0.03% | -3.78% | LU1777195956 | 100,000 | 500 | N/A | N/A | 1.78% | 20.00% |
| DNY H CHF144.04 | 16.76% | -0.17% | -4.40% | LU0428380470 | 15,000 | 500 | N/A | N/A | 2.77% | 20.00% |
| DNY H GBP168.46 | 18.07% | 1.25% | -3.76% | LU0428380553 | 10,000 | 500 | N/A | N/A | 2.77% | 20.00% |
| DNY H SEK135.99 | 15.17% | 1.05% | -4.13% | LU0428381015 | 100,000 | 2,000 | N/A | N/A | 2.77% | 20.00% |
| DNY H SGD167.00 | 19.03% | 1.33% | -3.37% | LU0436020985 | 20,000 | 500 | N/A | N/A | 2.77% | 20.00% |
| DNY USD Acc	172.05 | 19.40% | 0.87% | -3.68% | LU0428380397 | 15,000 | 500 | N/A | N/A | 2.77% | 20.00% |
| IN H CHF Acc135.53 | 17.47% | 0.86% | -3.42% | LU0504984252 | 100,000 | 1,000 | N/A | N/A | 1.74% | 20.00% |
| IN H EUR Acc169.38 | 17.12% | 1.23% | -3.69% | LU0428380124 | 100,000 | 1,000 | N/A | N/A | 1.74% | 20.00% |
| IN H GBP Acc	144.55 | 16.91% | 1.43% | -3.54% | LU0504984419 | 100,000 | 1,000 | N/A | N/A | 1.73% | 20.00% |
| IN H SEK Acc150.55 | 19.03% | 2.26% | -2.81% | LU0504985499 | 500,000 | 5,000 | N/A | N/A | 1.74% | 20.00% |
| IN USD Acc188.52 | 19.86% | 2.15% | -2.84% | LU0503879685 | 100,000 | 1,000 | N/A | N/A | 1.74% | 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.
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^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, 2022-09-30):
# ANÁLISIS DE LA EXPOSICIÓN
| PRIMEROS 5 MERCADOS SEGÚN APORTACIÓN BRUTA^ |  |  | ÚLTIMOS 5 MERCADOS SEGÚN APORTACIÓN BRUTA^ |  |
| --- | --- | --- | --- | --- |
| South Korean Won/US Dollar | 1,23% |  | Brazilian Real/US Dollar | -0,27% |
| Gilts - 10yr | 1,07% |  | Euro/Polish Zloty | -0,26% |
| Italian Bonds - 10yr | 0,93% |  | UK Sterling/Japanese Yen | -0,21% |
| Euro/US Dollar | 0,62% |  | VIX Volatility Index | -0,17% |
| MSCI Emerging Market Index | 0,56% |  | Euro/Australian Dollar | -0,17% |

| EXPOSICIÓN POR SECTOR |  |  |  |  | EXPOSICIÓN AL SECTOR DE RENTA VARIABLE |  |
| --- | --- | --- | --- | --- | --- | --- |
|  | Corto | Larga | Neto |  | Exposición al sector |
| Bonos y tipos | -108,53% | 1,42% | -107,11% |  | Índices del mercado amplio | -37,71% |
| Materias primas | -1,54% | 1,59% | 0,05% |  | Consumo discrecional | -0,65% |
| Crédito | -45,65% | 0,07% | -45,57% |  | Productos básicos | 0,41% |
| Divisas | -83,33% | 83,33% | N/A |  | Servicios de Comunicacion | -0,06% |
| Acciones | -47,07% | 7,52% | -39,55% |  | Energía | 0,60% |
|  |  |  |  |  | ETFs | -0,31% |
|  |  |  |  |  |  |  |
|  |  |  |  |  | Sector financiero | 0,52% |
| EXPOSICIÓN NETA A LOS BONOS SOBERANOS Non G10	-14,18% G10	-65,60% EXPOSICIÓN NETA A MATERIAS PRIMAS |  | Atención sanitaria	-0,57% Industria	-0,36% Tecnologías de la información	-0,47% Materiales	-0,24% Bienes inmuebles	-0,14% Bienes de servicios	0,49% |

FICHA MENSUAL: 30 SEPTIEMBRE 2022	CLASE DE ACCIONES DE REFERENCIA: Man AHL Trend Alternative DNY H EUR Acc
| RENTABILIDAD HISTÓRICA |
| --- |
|  | Ene | Feb | Mar | Abr | Mayo | Jun | Jul | Ago | Sep | Oct | Nov | Dic | YTD |
| 2009 | - | - | - | - | - | - | 0,68% | -0,89% | 2,61% | -1,76% | 2,22% | -6,37% | -3,74% |
| 2010 | -2,13% | -0,85% | 5,02% | 2,12% | -1,12% | 0,63% | -2,53% | 6,39% | 0,62% | 6,41% | -8,29% | 5,74% | 11,51% |
| 2011 | -3,36% | 1,04% | -4,97% | 4,26% | -1,60% | -3,66% | 4,95% | 1,54% | -0,78% | -5,61% | -0,39% | 0,47% | -8,40% |
| 2012 | -0,72% | 1,53% | -3,25% | -0,17% | 0,83% | -3,52% | 4,59% | -2,37% | 0,11% | -2,74% | 1,67% | 0,56% | -3,74% |
| 2013 | 1,82% | -0,77% | 2,52% | 5,37% | -8,75% | -3,99% | -1,12% | -3,01% | -1,91% | 6,06% | 1,68% | -1,50% | -4,45% |
| 2014 | -1,48% | 1,31% | -1,00% | 2,31% | 8,81% | 3,15% | -1,07% | 6,03% | -0,60% | 1,74% | 7,24% | 1,80% | 31,38% |
| 2015 | 7,35% | 1,22% | 1,48% | -3,99% | -2,11% | -4,76% | 2,19% | 0,42% | 3,27% | -4,78% | 1,63% | -5,01% | -3,84% |
| 2016 | 3,78% | 2,83% | 0,43% | -4,18% | -3,43% | 2,42% | 1,71% | -1,50% | -3,28% | -2,56% | 0,51% | 3,29% | -0,43% |
| 2017 | 0,92% | 2,63% | -1,21% | -0,12% | 4,01% | -3,22% | 5,13% | 1,58% | -4,02% | 5,63% | 0,62% | -2,02% | 9,82% |
| 2018 | 6,31% | -8,58% | -0,77% | -1,95% | -0,24% | 1,28% | -2,67% | 3,94% | -5,42% | 0,67% | -3,30% | 6,87% | -4,91% |
| 2019 | -0,98% | -1,63% | 8,44% | 2,99% | 0,56% | 3,63% | 8,14% | 3,25% | -4,12% | -6,46% | 1,91% | 1,01% | 16,84% |
| 2020 | -2,20% | -2,20% | 7,18% | -3,18% | -2,55% | -2,28% | 2,59% | 0,35% | -3,49% | -1,96% | 1,35% | 7,38% | 0,20% |
| 2021 | -3,98% | 2,89% | 3,37% | 1,63% | 2,32% | -1,53% | 1,25% | -0,82% | -5,64% | 4,72% | -7,57% | -0,32% | -4,39% |
| 2022 | -4,11% | 0,13% | 6,66% | 6,98% | -0,87% | 2,94% | -4,94% | 2,36% | 9,40% | - | - | - | 18,99% |

| 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 |
| --- | --- | --- |
| DNY H EUR	158,23 | 16,84% | 0,20% | -4,39% | LU0424370004 | 10.000 | 500 | N/A | N/A | 2,77% | 20,00% |
| DN H CHF Acc	120,44 | 16,49% | 0,30% | -3,96% | LU0851818665 | 100.000 | 500 | N/A | N/A | 2,29% | 20,00% |
| DN H EUR Acc	144,67 | 17,71% | 0,76% | -3,90% | LU0851818400 | 100.000 | 500 | N/A | N/A | 2,27% | 20,00% |
| DNK H EUR	139,73 | 18,09% | 1,21% | -3,26% | LU1554454246 | 100.000 | 500 | N/A | N/A | 1,77% | 20,00% |
| DNR H EUR	132,63 | 15,79% | -0,03% | -3,78% | LU1777195956 | 100.000 | 500 | N/A | N/A | 1,78% | 20,00% |
| DNY H CHF	144,04 | 16,76% | -0,17% | -4,40% | LU0428380470 | 15.000 | 500 | N/A | N/A | 2,77% | 20,00% |
| DNY H GBP	168,46 | 18,07% | 1,25% | -3,76% | LU0428380553 | 10.000 | 500 | N/A | N/A | 2,77% | 20,00% |
| DNY H SEK	135,99 | 15,17% | 1,05% | -4,13% | LU0428381015 | 100.000 | 2.000 | N/A | N/A | 2,77% | 20,00% |
| DNY H SGD	167,00 | 19,03% | 1,33% | -3,37% | LU0436020985 | 20.000 | 500 | N/A | N/A | 2,77% | 20,00% |
| DNY USD Acc	172,05 | 19,40% | 0,87% | -3,68% | LU0428380397 | 15.000 | 500 | N/A | N/A | 2,77% | 20,00% |
| IN H CHF Acc	135,53 | 17,47% | 0,86% | -3,42% | LU0504984252 | 100.000 | 1.000 | N/A | N/A | 1,74% | 20,00% |
| IN H EUR Acc	169,38 | 17,12% | 1,23% | -3,69% | LU0428380124 | 100.000 | 1.000 | N/A | N/A | 1,74% | 20,00% |
| IN H GBP Acc	144,55 | 16,91% | 1,43% | -3,54% | LU0504984419 | 100.000 | 1.000 | N/A | N/A | 1,73% | 20,00% |
| IN H SEK Acc	150,55 | 19,03% | 2,26% | -2,81% | LU0504985499 | 500.000 | 5.000 | N/A | N/A | 1,74% | 20,00% |
| IN USD Acc	188,52 | 19,86% | 2,15% | -2,84% | LU0503879685 | 100.000 | 1.000 | N/A | N/A | 1,74% | 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.
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^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.