|
| |
Man AHL Diversified
Markets EU
TOTAL
RETURN SINCE INCEPTION: 623.00%
LAST 12
MONTHS RETURN: 25.80%
This product is open for investment,
click here to
contact us!
This
product is designed to produce substantial absolute medium-term
capital growth by trading a diversified portfolio of global
stock index, bond, currency, short-term interest rate and
commodity futures markets. The underlying investment programme
seeks to capitalise primarily on upward and downward price
trends and offers the potential for returns independent of
traditional forms of investment.
The product
objectives :
1-Substantial medium-term growth potential
Man AHL
Diversified Markets EU is designed to produce double digit
annualised returns (10%+) over the medium-term while restricting
the associated volatility to around 16-18%.
2-Efficient
access to global markets
By trading around the clock, the product aims to ensure
investors gain fast, efficient access to diverse opportunities
on a global scale.
3-Profits in
rising and falling markets using a proven, diversified approach
The
underlying AHL Diversified Programme has been developed since
1983. Using a technical approach and a range of investment time
frames, it seeks to capitalise primarily on upward and downward
price trends across a broadly diversified portfolio of around
100 global futures markets.
4-Diversification and portfolio enhancement
The
product aims to perform independently of traditional stock and
bond investments thereby providing valuable diversification
benefits and enhancing the risk/reward profile of an investment
portfolio.
5-Approach:
Product performance review:
(As at 30 June 2008)
Performance
chart since inception :
Porfolio sector allocations :
(01 November 1994 to 30 June 08)
(30 June 2008)
The product price started
at 4.54 Euros at issue in 1994.
The price is today at 32.81 Euros.
It has a total return of 623.00%
Since 1994, the worst drawdown is -20.20%
Portfolio sector attribution :
Key market attribution :
(June 2008)
(June 2008)
AHL experienced another
positive month as equities fell sharply and crude oil surged to new highs. Amid
highly volatile markets, the Programme has significantly outperformed major
equity indices over the last 12 months.
The majority of gains were
accrued from trading in the energy, agriculturals and short-term interest rate
sectors. Commodities proved particularly profitable with our long positions in
natural gas continuing to drive gains. Prices rose sharply buoyed by increased
demand from the power sector as users shifted away from record crude oil prices.
Returns were also accrued from the metals sector as copper positions were
boosted by a miner’s strike in Peru towards the end of the month. Within the
agricultural sector, our long positions in corn performed well as the commodity
continued its record-breaking run on increased concern about the outlook for
this year’s harvest. Returns were also secured from trading in the short-term
interest rate sector, particularly from short positions in Euribor contracts.
Prices fell on heightened speculation that the European Central Bank would lift
interest rates after eurozone inflation continued to rise. On the negative side,
profits were slightly offset by long positions in the Canadian dollar against
the US dollar on rising expectations that the Bank of Canada would cut interest
rates
June Economic Highlights :
-
June saw oil prices surge to a record
above US$143 per barrel, driven higher
by supply concerns, US dollar weakness
and heightened tensions in the Middle
East. With commodity prices soaring and
economic growth slowing, stagflation
fears intensified over the month. With
this in mind, the Bank of England,
European Central Bank and Federal
Reserve all left rates unchanged during
the month.
-
Global equities suffered a sharp
sell-off, with the financial sector
driving losses, after persistent
speculation that further sub-prime
related writedowns were imminent. The
FTSE 100 and S&P 500 lost around 7% and
9%, respectively, while the MSCI Asia
Pacific fell 8.8%. The slide in equities
and gains in commodities increased
gold’s appeal, the precious metal rose
4.3% over the month.
Conclusion
RIGOROUS INVESTMENT APPROACH.
FULLY DIVERSIFIED PORTFOLIO.
CONTROLLED RISK.
STRONG LONG TERM TRACK RECORD.
For more information
on Man products click here or feel free to
contact
us
CAPITAL PERFORMANCE PARTNERS S.A
Grand-Chêne 6, 1003 Lausanne -
Switzerland. Phone : +41 21 331 15 50 - Fax +41 21 331 15 25
E-MAIL :
pshama@cperformance.com
|
|