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FairHorizon Yellow
Y11-A

Man Funds VI PLC - Man High Yield Opportunities Fund

Global high yield corporate bonds. Active value-driven, unconstrained strategy.

About the Fund

Data as of

Man Group is a UK-based global investment management firm with roots dating back to 1783 and is listed on the London Stock Exchange. Man Group manages over US$160bn of assets across discretionary and systematic strategies in equities, credit, multi-asset and alternatives.

The Man High Yield Opportunities Fund is an actively managed bond fund that aims to provide income and capital growth by investing in global high yield fixed and floating rate bonds. The fund follows a value-driven, unconstrained approach led by Mike Scott, investing in bonds where fundamental credit research identifies a mispricing relative to the issuer's risk rather than following the composition of a high yield index. The fund has the flexibility to use derivatives such as credit default swaps to hedge and to express negative credit views. The share class is hedged to USD and distributes income monthly.

Performance

Price Performance – Maximum Period

The FairHorizon Context

Investment-Time-Horizon in years

0 - 22 - 44 - 7 7 - 1010 - 1515+
Expected long-term return
5 – 7% p.a.
Expected volatility
7 – 10% p.a.

Building Block Returns

Man Funds VI PLC - Man High Yield Opportunities Fund

Ann. return (3-year):
10.58%
Ann. return (5-year):
5.89%
Ann. return (10-year):
—
Ann. Standard Deviation (5-year):
5.71%

This fund represents an active, benchmark-agnostic approach to global high yield bonds that can position both long and short credit risk.

Benchmark Returns

iShares Global High Yield Corp Bond UCITS ETF

Ann. return (3-year):
8.03%
Ann. return (5-year):
2.76%
Ann. return (10-year):
3.82%
Ann. Standard Deviation (5-year):
8.88%

FairHorizon Benchmark Returns

Dimensional Funds PLC - World Allocation 60/40 Fund

Ann. return (3-year):
13.21%
Ann. return (5-year):
6.85%
Ann. return (10-year):
—
Ann. Standard Deviation (5-year):
9.75%
Link to the Funds FairSheet

The Dimensional World Allocation 60/40 Fund is our FAIRHORIZON Yellow reference benchmark solution that has 60% global developed equities and 40% global investment grade short-to-medium maturity bonds for global high risk bonds-like or multi-asset returns and volatility.

SHARING OUR PASSION FOR INVESTMENTS FAIRSHEET™  Man Funds VI PLC - Man High Yield Opportunities Fund  Page 1/2

Why we prefer this fund

Relevance of strategy

This fund represents an active, benchmark-agnostic approach to global high yield bonds that can position both long and short credit risk.

Differentiated portfolio

The value-driven, bottom-up security selection results in a portfolio that differs meaningfully from the high yield index.

Historical maximum drawdown & recovery time

Max drawdown (since inception)
-16.13%
Recovery Period
419 Days

Diversification

Credit Rating

  • Baa0.31%
  • Ba30.22%
  • B51.78%
  • Caa7.38%
  • C0.02%
  • Cash & Other9.69%
  • Others0.60%

Sectors

  • Financials18.04%
  • Consumer Discretionary12.82%
  • Industrials9.97%
  • Cash & Other9.89%
  • Communications9.85%
  • Health Care9.10%
  • Consumer Staples7.00%
  • Energy6.55%
  • Real Estate4.41%
  • Materials4.00%
  • Utilities3.41%
  • Others4.96%

Geography

  • Europe ex UK23.36%
  • United Kingdom22.97%
  • North America22.88%
  • Latin America15.96%
  • Cash & Other9.91%
  • Asia ex Japan2.17%
  • Middle East1.91%
  • Japan0.64%
  • Others0.20%

Frequently asked questions

What is the Man Funds VI PLC - Man High Yield Opportunities Fund?
The Man Funds VI PLC - Man High Yield Opportunities Fund is a actively managed fund in the Global High Yield Bonds Long-Short asset class, managed by Man Group. Global high yield corporate bonds. Active value-driven, unconstrained strategy.
What is the Man Funds VI PLC - Man High Yield Opportunities Fund's FairHorizon classification?
Das Family Office classifies this fund as FairHorizon Yellow, meaning it is suitable for investors with a 7–10 years investment horizon. balanced 60/40 equities-bonds allocation
What is the total expense ratio (TER) of the Man Funds VI PLC - Man High Yield Opportunities Fund?
The Man Funds VI PLC - Man High Yield Opportunities Fund has a total expense ratio of 0.82% per annum. The maximum recommended portfolio share is 15%.
What is the ISIN of the Man Funds VI PLC - Man High Yield Opportunities Fund?
The ISIN of the Man Funds VI PLC - Man High Yield Opportunities Fund share class tracked by Das Family Office is IE00BK63DT29.
What are the historical returns of the Man Funds VI PLC - Man High Yield Opportunities Fund?
As of the most recent month-end, the Man Funds VI PLC - Man High Yield Opportunities Fund has delivered 3-year annualised total return of 10.58%, 5-year annualised total return of 5.89%. Past performance is not indicative of future results.
Is the Man Funds VI PLC - Man High Yield Opportunities Fund accumulating or distributing?
The tracked share class (I Net-Dist MO USD (H)) is Distributing — income is paid out to investors on a periodic basis.
What is the SFDR sustainability classification of the Man Funds VI PLC - Man High Yield Opportunities Fund?
The Man Funds VI PLC - Man High Yield Opportunities Fund is classified as Article 6 under the EU Sustainable Finance Disclosure Regulation (SFDR).
When was the Man Funds VI PLC - Man High Yield Opportunities Fund launched?
The Man Funds VI PLC - Man High Yield Opportunities Fund was incepted on 2020-05-01.