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Man announces the launch of Man AHL Diversified Strategies LTD - A proven investment strategy with strong record in difficult times. |
26 Jan 09
A new product launched by Man today offers investors the opportunity to profit from managed futures, a strategy that has historically provided strong returns, valuable diversification benefits and good downside protection. It is the first time in several years that access to AHL is offered on a global scale.
Man AHL Diversified Strategies Limited allocates to the highly successful AHL Diversified Programme1, which generated a return of 33.2% in 2008 - a year in which markets experienced extraordinary turbulence. Over the last decade, the programme has repeatedly shown its ability to offer positive performance in all market conditions. Since inception in 1996, it has generated an annualised return of 20.1%2.
The AHL Diversified Programme is based on a quantitative and predominantly directional investment strategy, which is highly diversified across over 150 highly liquid and transparent markets including commodities, currencies, stocks and bonds. Upward and downward price trends in these markets are systematically identified and capitalised upon. What makes the strategy stand out is that it often exhibits a low or even negative correlation to traditional investments in periods of market downturn.
Man AHL Diversified Strategies Ltd offers investors a choice of currencies and risk/return profiles. The product is offered in USD and EUR guaranteed bonds3 as well as non-guaranteed USD income bonds. The guaranteed bonds3 are offered with a 100% capital guarantee from Credit Suisse International3 and are designed to generate a higher capital return, while the income bonds will pay a non-discretionary, fixed annual coupon. Investors can also select a balance between capital guaranteed3 and income bonds, enabling them to tailor the portfolio to their own investment objectives.
Christoph Möller, Global Head of Distribution at Man Investments, said: “We believe Man AHL Diversified Strategies Ltd will generate a lot of interest since it is a great portfolio enhancer. It has the potential to offer a low or even negative correlation to stocks and bonds, and therefore reduce the volatility of a portfolio whilst offering an additional source of return.”
Key Facts
Offer period:
26 January 2009 to 23 March 2009 With the potential for extension
Investment Manager
Man Investments Limited
Face value of the bonds
USD/EUR 1 per bond
Minimum subscription:
USD/EUR 50,000
Minimum redemption:
20,000 bonds
Minimum holding:
50,000 bonds
Maturity date:
USD/EUR bonds: 30 September 2021
USD income bonds: 31 March 2014
Dealing frequency
Monthly
About Man Group
Man is a world-leading alternative investment management business. With a broad range of funds for institutional and private investors globally, it is known for its performance, innovative product design and investor service. Man manages approximately USD 53 billion1 and employs around 1,800 people in 14 countries worldwide.
The original business was founded in 1783. Today, Man Group plc is listed on the London Stock Exchange and is a member of the FTSE 100 Index with a market capitalisation of over USD5 billion4.
Man Group is a member of the Dow Jones Sustainability World Index and the FTSE4Good Index. Man also supports many awards, charities and initiatives around the world, including sponsorship of the Man Booker literary prizes.
About AHL
AHL is a world leading quantitative managed futures manager that operates programmes that are primarily directional in nature, meaning they seek to identify and take advantage of upward and downward price trends.
AHL has an outstanding long-term track record of absolute returns with controlled risk dating back to 1987. In addition to a well grounded investment philosophy and a dedicated team of investment specialists, AHL owes much of its success to robust and finely tuned trading and execution infrastructure. A strong and sophisticated research ethos underpins continual enhancements and refinements in the programmes and infrastructure.
1 The AHL Diversified Programme is
represented by Man AHL Diversified plc
2 Date range: 26 March 1996 to 29 December
2008
3 Subject to the terms and conditions of the
deeds of guarantee
4 As at 31 December 2008