# Fund Risks
The value of your investment and the income from it may rise as well as fall and you may not get back the amount originally invested. Prior to
investing in the Fund investors should carefully consider the risks associated with investing, whether the Fund suits their investment requirements and whether they have sufficient resources to bear any losses which may result from an investment in the Fund. Investors
should only invest if they understand the terms on which the Fund is offered. Investors should consider the risks detailed in the risk glossary and where appropriate seek professional advice before
investing.
Monthly return
1
: 2.00%	YTD return
1 
: 7.09%
Performance Chart (Since Inception)
1
Past Performance is not indicative of future performance. Returns may
increase or decrease as a result of currency fluctuations.
Index Value (Rebased to 100)
140
130
120
110
100
90
80
Jan 19 Jul 19 Jan 20 Jul 20 Jan 21 Jul 21 Jan 22 Jul 22 Jan 23 Jul 23
Fund Details (Key Facts)
2
Inception Date	16 January 2019
Fund Size	EUR 1,126,526,390
Structure	UCITS
Domicile	Ireland
Investment Manager	GLG Partners LP
Portfolio Manager	Mike Scott
Fund	BM1*	BM2**
Name
Benchmark 1*	
ICE BofA Global High Yield Index (EUR, TR) Hedged
Benchmark 2**	
ICE BofA European Currency High Yield Constrained (EUR Hedged)
Summary Risk Indicator (SRI)
Lower Risk	Higher Risk
| 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| --- | --- | --- | --- | --- | --- | --- |

Typically Lower Rewards	Typically Higher Rewards
Awards and Ratings 
3
See Glossary for an explanation of the calculation. Please refer to the KID/KIID for the relevant Risk Indicator in your jurisdiction.
Cumulative Performance
1
|  | 1 Month | 3 Months | 6 Months | YTD | 1 Year | 3 Years | 5 Years | 10 Years | Since Inception |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Fund | 2.00% | 2.53% | 3.50% | 7.09% | 6.63% | 7.26% | n/a | n/a | 29.55% |
| Benchmark 1 | 3.87% | 1.90% | 4.43% | 6.82% | 6.47% | -4.11% | n/a | n/a | 6.83% |
| Benchmark 2 | 2.94% | 3.11% | 5.08% | 9.10% | 8.36% | 0.57% | n/a | n/a | 12.73% |

Discrete Performance
1	
Performance Statistics Since Inception
1
| Year | Nov 2022 - Nov 2023 | Nov 2021 - Nov 2022 | Nov 2020 - Nov 2021 | Nov 2019 - Nov 2020 | Nov 2018 - Nov 2019 |
| --- | --- | --- | --- | --- | --- |
| Fund | 6.63% | -10.32% | 12.17% | 9.83% | n/a |
| Benchmark 1* | 6.47% | -12.19% | 2.56% | 4.58% | n/a |
| Benchmark 2** | 8.36% | -10.17% | 3.31% | 3.14% | n/a |

| Annualised Return | Annualised Volatility | Sharpe Ratio4 | Correlation | Beta | Information Ratio | Tracking Error |
| --- | --- | --- | --- | --- | --- | --- |
| 5.46% | 14.68% | 0.36 | n/a | n/a | n/a | n/a |
| 1.37% | 9.45% | 0.12 | 0.89 | 1.38 | 0.53 | 7.66% |
| 2.49% | 9.30% | 0.24 | 0.92 | 1.45 | 0.41 | 7.16% |

Historical Performance
1
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Fund YTD | BM1 YTD | BM2 YTD |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 2019 | 0.51% | 1.63% | 2.22% | 1.66% | -1.91% | 2.73% | 0.79% | -1.08% | -0.08% | 1.53% | 1.65% | 1.78% | 11.93% | 8.18% | 9.86% |
| 2020 | 2.44% | -0.18% | -25.15% | 7.89% | 6.42% | 5.88% | 1.79% | 3.47% | -0.43% | 1.02% | 9.48% | 2.66% | 10.77% | 4.78% | 2.90% |
| 2021 | 1.39% | 2.54% | 0.31% | 1.28% | 0.54% | 1.72% | 1.25% | 0.38% | 0.32% | -0.44% | -0.35% | 0.69% | 10.02% | 2.12% | 3.33% |
| 2022 | -0.59% | -1.72% | -0.50% | -2.88% | -1.69% | -4.85% | 2.93% | -2.43% | -4.93% | 0.60% | 4.99% | -0.44% | -11.32% | -13.60% | -11.53% |
| 2023 | 2.63% | 1.32% | -1.58% | 1.20% | -0.10% | -0.17% | 1.08% | 0.03% | 0.84% | -0.31% | 2.00% | n/a | 7.09% | 6.82% | 9.10% |

Past Performance is not indicative of future performance. Returns may increase or decrease as a result of currency
fluctuations.
Exposure and Risk Analysis Portfolio Statistics
| Spread Duration | 2.76 | Yield to Maturity | 10.30% |
| --- | --- | --- | --- |
| Running Yield | 7.84% | Yield to Worst | 10.18% |
| Long Issuers | 138 | Short Issuers | 14 |

Sector Breakdown
5	
Geographical Breakdown
5
Financials Consumer Discretionary
Real Estate
Consumer Staples
11.38%
33.97%
17.50%
19.76%
3.45%
9.01%
3.29%
Europe Excl UK
United Kingdom
21.46%
4.73%
48.23%
Communication Services
Industrials Unclassified Health Care
Utilities Information Technology
Materials Energy Government
6.42%
13.97%
6.28%
12.35%
6.10%
1.01%
5.57%
6.53%
5.17%
4.95%
2.27%
4.18%
2.17%
8.15%
2.12%
13.12%
1.16%
0.12%
0.00%
Latin America
Middle East
North America
Australasia
-0.04%
9.06%
5.58%
1.38%
3.07%
1.87%
0.38%
41.30%
58.27%
BM1 Fund	BM1 Fund
Portfolio Maturity Breakdown 
5	
Credit Rating Breakdown
5,6
15+ years
12-15 years
10-12 years
7-10 years
AAA AA A BBB BB
B
-2.20%
| 0.00% |
| --- |
| 0.00% |
| 0.04% |
| 0.72% |
| 0.00% |
|  | 13.70% |
|  | 12.49% |
|  |
|  | 34.75 |
|  | 23.93% |
| 38.30 |
|  | 6.27% |
| 11.25% |
| 0.19% |
| 0.04% |
| 0.04% |
| 0.00% |
| 0.00% |
| 0.40% |
| 0.01% |
| 0.00% |
| 0.02% |
| 4.25% |

55.80%
%
5-7 years
3-5 years
2-3 years
1-2 years
0-1 years
BM1 Fund
.05%
CCC CC C SD D NR
%
BM1 Fund
Exposure by Asset Class
7
|  | Long Exposure | Short Exposure |
| --- | --- | --- |
| Duration Risk Management | 7.31% | 0.00% |
| Convertibles | 0.95% | 0.00% |
| Single Name Corporates - Derivatives | 17.58% | -7.61% |
| Equity | 0.16% | -0.58% |
| Private Equity | 3.89% | 0.00% |
| Single Name Corporates | 85.62% | 0.00% |

NAV
10
Top 10 Issuers
8,9
| Issuer Issuer Region – Sector - Credit Rating | Exposure |
| --- | --- |
| North America - Government - AAA | 7.31% |
| United Kingdom - Consumer Discretionary - BB | 3.15% |
| Europe Excl UK - Unclassified - NR | 3.02% |
| United Kingdom - Financials - BB | 2.86% |
| Europe Excl UK - Real Estate - B | 2.60% |
| North America - Real Estate - BB | 2.34% |
| Europe Excl UK - Industrials - CCC | 2.31% |
| Europe Excl UK - Consumer Discretionary - BB | 2.14% |
| Europe Excl UK - Consumer Staples - B | 2.13% |
| United Kingdom - Consumer Discretionary - B | 2.07% |

| Class | NAV | ISIN | Minimum Initial | Minimum Additional | OCF 11 | Performance Fee 12 | Management Fee |
| --- | --- | --- | --- | --- | --- | --- | --- |
| D EUR | 129.55 | IE00BDTYYP61 | 1,000 | n/a | 1.57% | n/a | 1.35% |
| D EUR G-Dist MO | 101.90 | IE000UMU01W3 | 1,000 | n/a | 1.57% | n/a | 1.35% |
| D H CHF | 96.08 | IE0008FJL2B6 | 1,000 | n/a | 1.57% | n/a | 1.35% |
| D H SGD | 108.95 | IE000IXJ6000 | 1,000 | n/a | 1.57% | n/a | 1.35% |
| D H SGD Net-Dist MO | 90.64 | IE0009V8AIY1 | 1,000 | n/a | 1.57% | n/a | 1.35% |
| D H USD | 108.61 | IE000AQP1N64 | 1,000 | n/a | 1.57% | n/a | 1.35% |
| D H USD Net-Dist MO | 91.48 | IE00BK63DV41 | 1,000 | n/a | 1.57% | n/a | 1.35% |
| DV H USD | 148.51 | IE00BL6VJ735 | 1,000 | n/a | 1.59% | n/a | 1.38% |
| DW H USD | 103.62 | IE000HH4X3M7 | 1,000 | n/a | 2.47% | n/a | 2.25% |
| DY H USD Fix-Dist MO | 93.01 | IE000YW0N502 | 1,000 | n/a | 1.57% | n/a | 1.35% |
| I EUR | 134.21 | IE00BDTYYL24 | 1,000,000 | n/a | 0.82% | n/a | 0.60% |
| I EUR Net-Dist MO | 88.58 | IE000Q08BPC1 | 1,000,000 | n/a | 0.82% | n/a | 0.60% |
| I H (BRL) EUR | 139.69 | IE00BNXH7F29 | 1,000,000 | n/a | 0.82% | n/a | 0.60% |
| I H CHF | 97.11 | IE000YB1G2W0 | 1,000,000 | n/a | 0.82% | n/a | 0.60% |
| I H GBP | 140.30 | IE00BDTYYN48 | 1,000,000 | n/a | 0.82% | n/a | 0.60% |
| I H USD | 147.02 | IE00BDTYYM31 | 1,000,000 | n/a | 0.82% | n/a | 0.60% |
| I H USD Net-Dist MO | 127.18 | IE00BK63DT29 | 1,000,000 | n/a | 0.82% | n/a | 0.60% |
| IF EUR | 128.08 | IE00BJXMVL37 | 1,000,000 | n/a | 0.52% | n/a | 0.30% |
| IF H GBP | 134.99 | IE00BJ5K4V63 | 1,000,000 | n/a | 0.52% | n/a | 0.30% |
| IF H GBP G-Dist MO | 107.17 | IE00BHZHG844 | 1,000,000 | n/a | 0.52% | n/a | 0.30% |
| IF H GBP Net-Dist MO | 107.62 | IE00BHZHG737 | 1,000,000 | n/a | 0.52% | n/a | 0.30% |
| ILU H GBP G-Dist Q | 111.93 | IE00BGLSPX24 | 1,000,000 | n/a | 0.22% | 20% | 0.60% |
| IU H USD | 115.78 | IE000ONM3YU2 | 1,000,000 | n/a | 0.22% | n/a | 0.60% |
| IV H USD | 150.90 | IE00BL6VJ842 | 1,000,000 | n/a | 1.10% | n/a | 0.88% |

Please note, shareclass specific performance can be found at; https://www.man.com/products/ 63824
Dealing Terms
| Valuation Frequency | Daily |
| --- | --- |
| Dealing Frequency | Daily |
| Subscription | Before 12:00 (Dublin) on dealing day |
| Redemption | Before 12:00 (Dublin) on dealing day |
| Management Company | Man Asset Management (Ireland) Limited |

1 
Please note all performance statistics and charts are based on the lead reporting shareclass. Performance data is shown net o f fees with income reinvested, and does not take into account sales and redemption charges where such costs are applicable. Returns are calculated net of management fees and any applicable performance fees. Other share classes may charge higher fees.
2 
Fund Size represents the combined AUM of all share-classes in the Portfolio.
3 
Awards and/or ratings are for information purposes only and 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/rat ings are determined.
Awards and/or ratings are for information purposes only and 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 w hich the awards/ratings are determined.
© 2023 Morningstar UK Ltd. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or it s 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. Past performance is no guarantee of future results.
Morningstar Overall Rating is for the Man GLG High Yield Opportunities D EUR share class only; other classes may have different performance characteristics. Out of 625 Global High Yield Bond - EUR Hedged funds.
4 
Sharpe ratio is calculated using a risk -free rate in the appropriate currency over the period analysed. Where an investment has underperformed the risk -free rate, the Sharpe ratio will be negative. Because the Sharpe ratio is an absolute measure of risk -adjusted return, negative Sharpe ratios are not shown as they can be misleading.
5 
Please note, all breakdowns show net positions and exclude; Bond & Equity Futures, Inflation & Interest Rate Swaps, Currency, Forward FX, Repos and Duration Management Instruments.
6 
Credit rating is determined by the Investment Adviser using the highest rating including Debt class rating ascribed by releva nt credit rating agencies (Moody's/S&P/Fitch), or, where no such ratings are available, using its own internal rating.
7 
Duration Risk Management includes bond futures, interest rate swaps, total return swaps and government bonds issued by the UK , US or Germany. Short term
government bonds not classified as Duration Risk management will be classified as Cash management. CDS Index positions are classified as Credit risk Management and Single name CDS positions are classified as Single-Name derivatives.
8 
The organisations and/or financial instruments mentioned are for reference purposes only. The content of this materia l should not be construed as a recommendation for their purchase or sale.
9 
The credit rating shown represents the rating with the largest aggregate exposure at issuer level held by the fund. The Fund may also hold securities which have been assigned a different credit rating to that shown above.
Please note, forward FX and currency positions have been excluded.
10 
The share class in blue in the table is the reporting share class for the Fund and may be closed to new subscriptions.
11 
Ongoing Charges Figure (‘OCF’): A variable charge payable over a year, normally based on expenses to the Fund as of the previ ous accounting year. It excludes Performance Fees (if applicable) but includes the Management Fee.
12 
Performance Fee (up to): The payment made to an Investment Manager if certain performance levels are achieved (often over and above any levels set out in the investment objective) within a set time period.
Man GLG High Yield Opportunities
30 November 2023
6/9

Translation (ENIT, 2023-11-30):
# Rischi del Fondo
Anche il valore del tuo investimento e il reddito da esso derivante potrebbero aumentare cadere e potresti non recuperare l’importo originariamente investito. Precedente a investendo nel Fondo, gli investitori dovrebbero considerare attentamente i rischi associati
all’investimento, se il Fondo è adatto al loro investimento requisiti e s e dispongono di risorse sufficienti per sostenerli
perdite che potrebbero derivare da un investimento nel Fondo.
Investitori dovrebbero investire solo se comprendono i termini del fondo è offerto. Gli investitori dovrebbero considerare i rischi
dettagliati nel rischio glossario e, se del caso, chiedere prima una consulenza professionale investire.
Rendimento mensile
1
:  2,00%	Rendimento YTD
1 
: 7,09%
Grafico delle prestazioni (dall'inizio)
1

### La performance passata non è indicativa dei risultati futuri. I rendimenti possono subire variazioni al rialzo e al ribasso in funzione delle fluttuazioni valutarie.
Index Value (Rebased to 100)
140
130
120
110
100
90
Jan 19
Apr 19
Jul 19
Oct 19
Jan 20
Apr 20
Jul 20
Oct 20
Jan 21
Apr 21
Jul 21
Oct 21
Jan 22
Apr 22
Jul 22
Oct 22
Jan 23
Apr 23
Jul 23
Oct 23
80
Dettagli Sul Fondo
2
Data di lancio	16 gennaio 2019
Dimensioni del Fondo	EUR 1.126.526.390
Struttura legale	UCITS
Domicilio	Irlanda
Gestore degli investimenti	GLG Partners LP
Gestore/i	Mike Scott
Fondo	BM1*	BM2**
Name
Indice di riferimento 1	
ICE BofA Global High Yield Index (EUR, TR) Hedged
Indice di riferimento 2	
ICE BofA European Currency High Yield
Constrained (EUR Hedged)
Rendimenti e Rating 
3
Summary Risk Indicator (SRI)
Rischio più basso	Rischio più elevato
Ricompense generalmente inferiori	Ricompense generalmente più elevate
| 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| --- | --- | --- | --- | --- | --- | --- |

Per una spiegazione del calcolo dell’SRRI, si veda il Glossario. Consultare il KID/KIID per l’indicatore di rischio pertinente alla propria giurisdizione
Performance cumulative
1
|  | 1 mese | 3 mesi | 6 mesi | YTD | 1 anno | 3 anni | 5 anni | 10 anni | Dal Lancio |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Fund | 2,00% | 2,53% | 3,50% | 7,09% | 6,63% | 7,26% | n/a | n/a | 29,55% |
| Benchmark 1 | 3,87% | 1,90% | 4,43% | 6,82% | 6,47% | -4,11% | n/a | n/a | 6,83% |
| Benchmark 2 | 2,94% | 3,11% | 5,08% | 9,10% | 8,36% | 0,57% | n/a | n/a | 12,73% |

Performance discrete
1	
Statistiche di Performance (Dal Lancio)
1
| Anno | Nov 2022 - Nov 2023 | Nov 2021 - Nov 2022 | Nov 2020 - Nov 2021 | Nov 2019 - Nov 2020 | Nov 2018 - Nov 2019 |
| --- | --- | --- | --- | --- | --- |
| Fondo | 6,63% | -10,32% | 12,17% | 9,83% | n/a |
| Indice di riferimento 1 | 6,47% | -12,19% | 2,56% | 4,58% | n/a |
| Indice di riferimento 2 | 8,36% | -10,17% | 3,31% | 3,14% | n/a |

| Rendiment o annualizzat o | Volatilità annualizzat a | Indice di Sharpe4 | Correlazio ne | Beta | Rapporto informativo | Errore di tracciame nto |
| --- | --- | --- | --- | --- | --- | --- |
| 5,46% | 14,68% | 0,36 | n/a | n/a | n/a | n/a |
| 1,37% | 9,45% | 0,12 | 0,89 | 1,38 | 0,53 | 7,66% |
| 2,49% | 9,30% | 0,24 | 0,92 | 1,45 | 0,41 | 7,16% |

Storico Della Performance
1
| Anno | Gen | Feb | Mar | Apr | Mag | Giu | Lug | Aug | Set | Ott | Nov | Dic | Fondo YTD | BM1 YTD | BM2 YTD |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 2019 | 0,51% | 1,63% | 2,22% | 1,66% | -1,91% | 2,73% | 0,79% | -1,08% | -0,08% | 1,53% | 1,65% | 1,78% | 11,93% | 8,18% | 9,86% |
| 2020 | 2,44% | -0,18% | -25,15% | 7,89% | 6,42% | 5,88% | 1,79% | 3,47% | -0,43% | 1,02% | 9,48% | 2,66% | 10,77% | 4,78% | 2,90% |
| 2021 | 1,39% | 2,54% | 0,31% | 1,28% | 0,54% | 1,72% | 1,25% | 0,38% | 0,32% | -0,44% | -0,35% | 0,69% | 10,02% | 2,12% | 3,33% |
| 2022 | -0,59% | -1,72% | -0,50% | -2,88% | -1,69% | -4,85% | 2,93% | -2,43% | -4,93% | 0,60% | 4,99% | -0,44% | -11,32% | -13,60% | -11,53% |
| 2023 | 2,63% | 1,32% | -1,58% | 1,20% | -0,10% | -0,17% | 1,08% | 0,03% | 0,84% | -0,31% | 2,00% | n/a | 7,09% | 6,82% | 9,10% |

La performance passata non è indicativa dei risultati futuri. I rendimenti possono subire variazioni al rialzo e al ribasso in funzione delle fluttuazioni valutarie.
Analisi Dell ’Esposizione
Statistiche del portafoglio
| Durata della diffusione | 2.76 | Rendimento alla scadenza | 10.29% |
| --- | --- | --- | --- |
| Rendimento corrente | 7.84% | Cedere al peggio | 10.18% |
| Emittenti lunghi | 138 | Emittenti brevi | 14 |

Ripartizione per settore
5	
Ripartizione geografica
5
Finanziaria
Consumatore Discrezionale
Immobiliare Beni di prima necessità
96%
Europa escluso Regno Unito
Regno Unito
21.46%
4.73%
48.23%
Servizi di comunicazione
Industriali Non classificato Assistenza sanitaria
Utilità Tecnologie dell'informazione
Materiali
Energia Governo
America Latina
Medio Oriente
Nord America
Australasia
-0.04%
9.06%
5.58%
1.38%
3.07%
1.87%
0.38%
41.29%
58.27%
BM1 Fund
| 0.00% |
| --- |
| 0.00% |
| 0.04% |
| 0.72% |
| 0.00% |
|  | 13.70% |
|  | 12.49% |
|  |
|  | 34.75 |
|  | 23.93% |
| 38.2 |
|  | 6.27% |
| 11.25% |
| 0.19% |
| 0.04% |
| 0.04% |
| 0.00% |
| 0.00% |
| 0.40% |
| 0.01% |
| 0.00% |
| 0.02% |
| 4.25% |

Ripartizione per scadenze del portafoglio 
5	
Ripartizione per rating creditizio
5,6
| 15+ years | 4.67% | AAA |  |  |
| --- | --- | --- | --- | --- |
|  | 2.06% |  |  |
| 12-15 years | 0.37% 0.00% | AA A | -2.20% |
|  | 0.62% |  |  |
| 10-12 years | 0.00% | BBB |  |
| 7-10 years | 8.34% 5.48% | BB |  |  |  | 55.80% % |
| 5-7 years | 20.93% | B |  |  |  | 9% |
|  | 4.67% | CCC |  |  |
| 3-5 years | 32.33% 49.04% | CC |  |
| 2-3 years | 16.54% | C |  |
|  | 26.41% |  |  |
| 1-2 years | 11.95% 4.68% | SD D |  |
|  | 4.25% |  |  |
| 0-1 years | 7.66% | NR |  |
|  | BM1 Fund |  | BM1 Fund |

Esposizione per classe di attivo
7
| Esposizione Long | Esposizione Short |
| --- | --- |
| Gestione del rischio di durata | 7.31% | 0.00% |
| Convertibili | 0.95% | 0.00% |
| Società con un unico nome - Derivati | 17.57% | -7.61% |
| Equità | 0.16% | -0.58% |
| Equità privata | 3.89% | 0.00% |
| Società con un unico nome | 85.60% | 0.00% |

NAV
10
I 10 principali emittenti
8,9
| Emittente Regione dell'Emittente – Settore - Rating del credito | Esposizione |
| --- | --- |
| North America - Government - AAA | 7.31% |
| United Kingdom - Consumer Discretionary - BB | 3.15% |
| Europe Excl UK - Unclassified - NR | 3.02% |
| United Kingdom - Financials - BB | 2.86% |
| Europe Excl UK - Real Estate - B | 2.60% |
| North America - Real Estate - BB | 2.34% |
| Europe Excl UK - Industrials - CCC | 2.31% |
| Europe Excl UK - Consumer Discretionary - BB | 2.14% |
| Europe Excl UK - Consumer Staples - B | 2.13% |
| United Kingdom - Consumer Discretionary - B | 2.07% |

| Classe | NAV | ISIN | Minimo iniziale | Minimo aggiuntivo | OCF 11 | Commissione di performance 12 | Commissione di gestione |
| --- | --- | --- | --- | --- | --- | --- | --- |
| D EUR | 129,55 | IE00BDTYYP61 | 1.000 | n/a | 1.57% | n/a | 1.35% |
| D EUR G-Dist MO | 101,90 | IE000UMU01W3 | 1.000 | n/a | 1.57% | n/a | 1.35% |
| D H CHF | 96,08 | IE0008FJL2B6 | 1.000 | n/a | 1.57% | n/a | 1.35% |
| D H SGD | 108,95 | IE000IXJ6000 | 1.000 | n/a | 1.57% | n/a | 1.35% |
| D H SGD Net-Dist MO | 90,64 | IE0009V8AIY1 | 1.000 | n/a | 1.57% | n/a | 1.35% |
| D H USD | 108,61 | IE000AQP1N64 | 1.000 | n/a | 1.57% | n/a | 1.35% |
| D H USD Net-Dist MO | 91,48 | IE00BK63DV41 | 1.000 | n/a | 1.57% | n/a | 1.35% |
| DV H USD | 148,51 | IE00BL6VJ735 | 1.000 | n/a | 1.59% | n/a | 1.38% |
| DW H USD | 103,62 | IE000HH4X3M7 | 1.000 | n/a | 2.47% | n/a | 2.25% |
| DY H USD Fix-Dist MO | 93,01 | IE000YW0N502 | 1.000 | n/a | 1.57% | n/a | 1.35% |
| I EUR | 134,21 | IE00BDTYYL24 | 1.000.000 | n/a | 0.82% | n/a | 0.60% |
| I EUR Net-Dist MO | 88,58 | IE000Q08BPC1 | 1.000.000 | n/a | 0.82% | n/a | 0.60% |
| I H (BRL) EUR | 139,69 | IE00BNXH7F29 | 1.000.000 | n/a | 0.82% | n/a | 0.60% |
| I H CHF | 97,11 | IE000YB1G2W0 | 1.000.000 | n/a | 0.82% | n/a | 0.60% |
| I H GBP | 140,30 | IE00BDTYYN48 | 1.000.000 | n/a | 0.82% | n/a | 0.60% |
| I H USD | 147,02 | IE00BDTYYM31 | 1.000.000 | n/a | 0.82% | n/a | 0.60% |
| I H USD Net-Dist MO | 127,18 | IE00BK63DT29 | 1.000.000 | n/a | 0.82% | n/a | 0.60% |
| IF EUR | 128,08 | IE00BJXMVL37 | 1.000.000 | n/a | 0.52% | n/a | 0.30% |
| IF H GBP | 134,99 | IE00BJ5K4V63 | 1.000.000 | n/a | 0.52% | n/a | 0.30% |
| IF H GBP G-Dist MO | 107,17 | IE00BHZHG844 | 1.000.000 | n/a | 0.52% | n/a | 0.30% |
| IF H GBP Net-Dist MO | 107,62 | IE00BHZHG737 | 1.000.000 | n/a | 0.52% | n/a | 0.30% |
| ILU H GBP G-Dist Q | 111,93 | IE00BGLSPX24 | 1.000.000 | n/a | 0.22% | 20% | 0.60% |
| IU H USD | 115,78 | IE000ONM3YU2 | 1.000.000 | n/a | 0.22% | n/a | 0.60% |
| IV H USD | 150,90 | IE00BL6VJ842 | 1.000.000 | n/a | 1.10% | n/a | 0.88% |

La performance specifica della classe di azioni è reperibile al seguente indirizzo: https://www.man.com/products/63824
Termini di negoziazione
| Frequenza di valutazione | Giornaliera |
| --- | --- |
| Frequenza di negoziazione | Giornaliera |
| Sottoscrizioni | Prima 12:00 (Dublin) il giorno di negoziazione |
| Riscatti | Prima 12:00 (Dublin) il giorno di negoziazione |
| Societa 'di gestione | Man Asset Management (Ireland) Limited |

1 
Si prega di notare che tutte le statistiche e i grafici sulla performance si basano sulla classe di azioni con reporting prin cipale. I dati sulla performance sono indicati al netto delle commissioni con il reddito reinvestito e non tengono conto delle spes e di vendita e di riscatto laddove tali costi siano applicabili. I rendimenti sono calcolati al netto delle commissioni di gestione e di eventuali commissioni di performance applicabili. Altre classi di azioni potrebbero addebitare commissioni più elevate.
2 
La dimensione del fondo rappresenta l'AUM complessivo di tutte le classi di azioni del Portafoglio.
3 
I premi e/o le valutazioni sono solo a scopo informativo e non devono essere interpretati come un'approvazione di alcuna soci età di Man Group né dei loro prodotti o servizi. Si prega di fare riferimento ai siti web degli sponsor/emittenti per informazioni riguardanti i criteri in base ai q uali vengono determinati i premi/rating.
I premi e/o le valutazioni sono solo a scopo informativo e non devono e ssere interpretati come un'approvazione di alcuna società di Man Group né dei loro prodotti o servizi. Si prega di fare riferimento ai siti web degli sponsor/emittenti per informazioni riguardanti i criteri in base ai q uali vengono determinati i premi/rating.
© 2023 Morningstar UK Ltd. Tutti i diritti riservati. Le informazioni contenute nel presente documento: (1) sono di proprietà di Morningstar e/o dei suoi fornitori di
contenuti; (2) non possono essere copiate o distribuite; e (3) non si garantisce che siano accurate, complete o puntuali. Né Morningstar né i suoi fornitori di contenuti sono responsabili di eventuali danni o perdite derivanti dall'uso di queste informazioni. I rendimenti passati non sono indic ativi di risultati futuri.
Il Morningstar Overall Rating si riferisce solo alla classe Man GLG High Yield Opportunities D EUR; altre classi potrebbero avere caratteristich e di performance diverse. Rating basato su 623 fondi Global High Yield Bond - EUR Hedged.
4 
Lo Sharpe ratio viene calcolato utilizzando un tasso privo di rischio nella valuta appropriata nel periodo analizzato. Laddove un investimento abbia sottoperforma to il
tasso privo di rischio, lo Sharpe ratio sarà negativo. Poiché lo Sharpe ratio è una misura assoluta del rendimento corretto p er il rischio, Sharpe ratio negativi non vengono visualizzati poiché possono essere fuorvianti.
5 
Si prega di notare che tutte le suddivisioni mostrano le posizioni nette ed escludono; Futures su obbligazioni e azioni, swap su inflazione e tassi di interesse, valute, cambi a termine, pronti contro termine e strumenti di gestione della Duration.
6 
Il rating del credito è determinato dal Consulente per gli investimenti utilizzando il rating più elevato, incluso il rating della classe di debito, attribuito dalle agenzie di rating del credito pertinenti (Moody's/S&P/Fitch) o, laddove tali rating non si ano disponibili, utilizzando il proprio rating interno.
7 
La gestione del rischio di Duration comprende futures su obbligazioni, swap su tassi di interesse, total return swap e titoli di stato emessi dal Regno Unito, dagli Stati Uniti o dalla Germania. I titoli di stato a breve termine non classificati come gestione del rischio di durata saranno classificati come gestione della liquidità. Le posizioni sui CDS index sono classificate come gestione del rischio di credito e le posizioni CDS su singoli nomi so no classificate come derivati single-name.
8 
Le organizzazioni e/o gli strumenti finanziari citati sono solo a scopo di riferimento. Il contenuto del presente materiale n on deve essere interpretato come una raccomandazione all'acquisto o alla vendita.
9 
Il rating creditizio indicato rappresenta il rating con la maggiore esposizione aggregata a livello di emittente detenuto dal fondo. Il Fondo può anche detenere titoli a cui è stato assegnato un rating creditizio diverso da quello sopra indicato.
10 
La share class in blu nella tabella è la classe di azioni reporting del Fondo e potrebbe essere chiusa a nuove sottoscrizioni.
11 
Importo delle spese correnti ("OCF"): una commissione variabile pagabile nel corso di un anno, normalmente basata sulle spese sostenute dal Fondo nell'anno contabile precedente. Esclude le commissioni di performance (se applicabili), ma include la commissione di gestione.
12 
Commissione di performance (fino a): il pagamento effettuato a un Gestore degli investimenti se vengono raggiunti determinati livelli di performance (spesso oltre qualsiasi livello stabilito nell'obiettivo di investimento) entro un periodo di tempo prestab ilito.

### Man GLG High Yield Opportunities
30 novembre 2023
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