Man AHL Diversified Futures Ltd XXXX-XXX-XXXX-XXXX

Transcription

1 Man AHL Diversified Futures Ltd XXXX-XXX-XXXX-XXXX

2 Why Man AHL Diversified Futures Ltd? Performance Targets substantial medium-term capital growth while aiming to restrict the associated risk. Access to the AHL Diversified Programme The underlying investment has an impressive trading history of over 0 years and invests in 0 global financial markets. A valuable diversification tool Man AHL Diversified Futures Ltd has historically behaved differently to and bonds. Including it in an investment portfolio can potentially reduce risk and increase returns. Experienced and proven management Established in, is a leading alternative investment manager with USD. billion under management at 0 June 00. It is a division of Man Group plc, a FTSE 00 constituent company. Performance Man AHL Diversified Futures Ltd aims to generate substantial medium-term capital growth for a controlled level of risk. Man AHL Diversified Futures Ltd has an established 0 year track record May to 0 June Man AHL Diversified Futures Ltd Hong Kong Taiwan World Man AHL Diversified Futures Ltd Hong Kong Taiwan World Total return. %. % -. %. % Last months. %. % -. % -. % Annualised return. %. % -.0 %. % Index value USD (log scale) Annualised volatility. %. %. %. % Year to date return. % -0. % -. % -. % Sharpe ratio n/a n/a Source: Man database and Bloomberg. NAV to NAV in USD. Taiwan : Taiwan Weighted Stock Index (total return). Hong Kong : Hang Seng Index (total return USD). World : MSCI World Index hedged to USD (price return). This index is a price return index that does not include reinvestment of dividends. Man AHL Diversified Futures Ltd is not a dividend paying product and Man AHL Diversified Futures Ltd s performance includes income reinvestments. Taiwan, Hong Kong and World have been used for information purposes only and have a different risk profiles to Man AHL Diversified Futures Ltd.. There is no guarantee of trading performance and past or projected performance is not a reliable indicator of future performance. Please note that this fund is valued weekly and statistics have been calculated using the last weekly valuation for each month. Total return, Last months, Annualised return and Annualised volatility are at the last Monday of each month. For comparative purposes, other indices are based on the last monthly business day value.. Since inception on May.. Compound annual rate of return since inception. Calendar year returns since inception are as follows: (part-year from May):.%, :.%, 000:.%, 00:.%, 00:.%, 00:.%, 00:.%, 00:.%, 00:.%, 00:.0%, 00:.% (from January 00 to 0 June 00).. Sharpe ratio is calculated using the risk-free rate in the appropriate currency over the period analysed. Because the Sharpe ratio is an absolute measure of risk-adjusted return, negative Sharpe ratios are shown as n/a as they can be misleading.

3 Access to the AHL Diversified Programme The underlying investment of Man AHL Diversified Futures Ltd is the AHL Diversified Programme: Access to opportunities in over 0 global markets, ranging from the most liquid financial markets to a broad spectrum of commodity futures contracts Primarily profits from price movements and takes advantage of strong market trends Linked to an infrastructure capable of capturing the profit potential in market moves over time frames ranging from a few days to several months Asset allocation of the AHL Diversified Programme At 0 June 00 America Europe Asia-Pacific. Currencies. %. Bonds.0 %. Stocks.0 %. Energies. Metals. Interest rates. Agriculturals. %. %. %. % 0 0:00 0 :00 0 :00 0 :00 Over 0 markets Around exchanges. The sector allocations are designed to reflect the expected long-term risk exposure to each sector relative to the other sectors in the portfolio. The figures are based on estimates of the risk of each sector for the current portfolio. The portfolio structure and constituents are regularly reviewed by the investment management team and sector allocations will change accordingly.

4 A valuable diversification tool Over the past 0 years, Man AHL Diversified Futures Ltd has generated annualised returns of.%. The ability of the product to offer strong performance in both rising and falling markets has been especially beneficial to investors. Historically, stock markets have been volatile, characterised by crises and punctuated with boom and bust cycles. After a benign environment over the past three years, investors have been reminded of just how volatile and unpredictable markets can be after the recent credit crisis, which has again emphasised the risks of investing solely in one asset class. Therefore, portfolio exposure to should be complemented by investments in uncorrelated asset classes to spread market risk and diversify event risk. Man AHL Diversified Futures Ltd performance during three significant stock market corrections May to 0 June Subprime crisis July 00 to date Man AHL Diversified Futures Ltd. % World -. % Equity bear market April 000 to March 00 Man AHL Diversified Futures Ltd. % World -. % Russian crisis and LTCM difficulty August to October Index value (log scale) Man AHL Diversified Futures Ltd. % World -.0 % Periods quoted are exceptional and these results do not reflect typical performance. As a consequence, they give no indication of likely performance. Man AHL Diversified Futures Ltd World Combining asset classes with different risk/return characteristics can reduce risk, increase returns and potentially make the overall portfolio more resistant to market shocks. Man AHL Diversified Futures Ltd s potential in an investment portfolio is demonstrated by its low correlation to traditional asset classes. Man AHL Diversified Futures Ltd Low correlation to traditional asset classes May to 0 June 00 Hong Kong Taiwan World World bonds Man AHL Diversified Futures Ltd Man AHL Diversified Futures Ltd World bonds World Taiwan Hong Kong.00 Perfectly positive correlated returns are indicated by.00 and perfectly negative correlated returns are indicated by Source: Man database and Bloomberg. NAV to NAV in USD. Taiwan : Taiwan Weighted Stock Index (total return). Hong Kong : Hang Seng Index (total return USD). World : MSCI World Index hedged to USD (price return). This index is a price return index that does not include reinvestment of dividends. Man AHL Diversified Futures Ltd is not a dividend paying product and Man AHL Diversified Futures Ltd s performance includes income reinvestments. World bonds: Citigroup World Government Bond Index hedged to USD (Total return). Taiwan, Hong Kong, World and world bonds have been used for information purposes only and have different risk profiles to Man AHL Diversified Futures Ltd.. There is no guarantee of trading performance and past or projected performance is not a reliable indicator of future performance. Please note that this fund is valued weekly and statistics have been calculated using the last weekly valuation for each month. Total return, Last months, Annualised return and Annualised volatility are as at the last Monday of each month. For comparative purposes, other indices are based on the last monthly business day value.

5 Experienced and proven management One of the world s largest alternative asset managers Launched more than 00 alternative investment products, many in partnership with leading financial institutions At 0 June 00, manages USD. billion for institutional and private clients worldwide AHL AHL is one of the world s largest quantitative investment managers AHL had USD. billion assets under management at March 00 A strong emphasis on research and innovation A division of Man Group plc, a FTSE 00 constituent company funds europe awards 00 Best third party provider of managed futures Categories: Western Europe, North America, Latin America and the Middle East Man Group plc Asset Management Company of the Year Hedge Fund Firm of the Year Best provider of hedge fund investments Categories: Australia, Austria, China, Indonesia, Qatar European Asset Management Firm of the decade Key facts Minimum investment USD 0,000 and minimum additional subscriptions of USD 0,000 Minimum holding USD 0,000 or,000 shares based on the last published NAV, whichever is lesser Minimum redemption 00 shares Dealing frequency and dealing day Weekly, on the first business day after a valuation point Valuation point Every Monday of each week Subscription deadline Applications and funds should be received not later than four business days prior to the dealing day Sales charge There is no sales charge. Please refer to the Prospectus for other charges and fees. Redemption notice period and early redemption fees Shares are redeemable weekly upon three business days written notice, prior to a dealing day. Redemptions will be subject to the following fees: Shares redeemed on a dealing day before they have been in issue for: Redemption fee per share: years.0 % of redemption price per share years. % of redemption price per share years.0 % of redemption price per share There will be no redemption fee applied on shares which are redeemed after they have been in issue for six years Reporting Investors can access prices through the following media: International Herald Tribune, South China Morning Post, Hong Kong Economic Journal and Hong Kong Economic Times Reuters, Bloomberg, Morningstar and Telekurs electronic data services Investment manager Limited Portfolio manager AHL. Private Banking Survey, Euromoney, January 00.. Funds europe awards 00 by Funds Europe at Private Banking Survey, Euromoney, January 00.. Financial News, June 00.

6 contacts Hong Kong Tel + Fax + 0 Singapore Tel Important information This material has not been reviewed by the Securities and Futures Commission ( SFC ) in Hong Kong. This material is communicated by Man AHL Diversified Futures Ltd (the Company ), which is not a member of the Man Group. This material is not an invitation to make an investment in the Company nor does it constitute an offer for sale of shares issued by the Company. Applications for shares issued by the Company will only be considered on the terms of the current prospectus (the Prospectus ) issued by the Company. This is only a summary and is indicative only. The detailed terms and conditions of the issue of the shares are subject to substantive qualifications and restrictions, all of which are set out in the Prospectus and which apply to this material. This material must therefore be read in conjunction with the terms, qualifications, conditions and restrictions described in the Prospectus. The price of futures, options and other investments in which the Company may invest may fall in value as rapidly as they may rise and it may not be possible to liquidate the Company s position in the relevant markets before a loss is sustained. No assurance can be given that the investment objective of the Company will be achieved or that substantial losses will not be suffered. Potential investors should note that alternative investments can involve significant risks and the value of an investment may go down as well as up. There is no guarantee of trading performance and past or projected performance is not a reliable indicator of future performance. Investment involves risk and investors should refer to the Prospectus including the risk factors therein for further details. Investors redeeming shares may be subject to early redemption fees. Limited and/or any of its associates may have an investment in the Company. The Company s registrar, shareholder services agent, introducing broker and investment manager all retain the right to record any telephone calls made to them. Man AHL Diversified Futures Ltd is authorised by the SFC under the Code on Unit Trusts and Mutual Funds as a Futures Fund and not as a Hedge Fund. The SFC s authorisation does not imply official approval or recommendation. Information on this product may be obtained from (Hong Kong) Limited at the following address: Suite 0, Chater House, Connaught Road Central, Hong Kong. Regulatory information The Company is an open-ended investment company incorporated with limited liability in Bermuda under The Companies Act of Bermuda and is offering for subscription participating shares (the Shares ) on a weekly basis at the prevailing Net Asset Value per Share, subject to a minimum individual investment of USD 0,000. The Company is regulated in Bermuda by the Bermuda Monetary Authority whose address is BMA House, Victoria Street, Hamilton HM, Bermuda with telephone number +. The investment manager is regulated in the United Kingdom by the Financial Services Authority whose address is The North Colonnade, Canary Wharf, London E HS United Kingdom with telephone number + (0) Permission under the Exchange Control Act (and regulations made there under) has been obtained from the Bermuda Monetary Authority for the issue of Shares as defined and described herein. Approvals or permissions received from the Bermuda Monetary Authority do not constitute a guarantee by the Bermuda Monetary Authority as to the performance or creditworthiness of the Company. Furthermore, in giving such approvals or permissions, the Bermuda Monetary Authority shall not be liable for the performance of, or default by, the Company or for the correctness of any opinions or statements expressed herein. A copy of the Prospectus has been delivered to the Registrar of Companies in Bermuda for filing pursuant to the Act. It must be distinctly understood that, in accepting the Prospectus for filing, the Registrar of Companies in Bermuda accepts no responsibility for the financial soundness of any proposals or for the correctness of any of the statements made or opinions expressed with regard to them. This material is not suitable for US persons. MANSENG-CHI