Man High Yield Opportunities DV $ Hdg

Investment Objective The Fund seeks to provide income and capital growth by investing directly or indirectly in fixed and floating rate securities worldwide. Investment Policy The Fund will invest in fixed income securities rated below investment grade and targeting income generation and capital growth, principally using a bottom-up approach (evaluating each individual issuer rather than looking at movements in prices within a particular market or market segment). The Fund may also have exposure to other transferable securities including mortgage and asset backed securities and equity linked investments.The Investment Manager selects investments having regard to factors such as leverage, the debt-to-enterprise value ratio, cash-flow and earnings of a given issuer (enterprise value is calculated as the market capitalisation plus debt, minority interest and preferred shares, minus total cash and cash equivalents). In doing so, the Investment Manager will consider in particular information from the financial statements of a target investment.Whilst bottom-up analysis (approach focusing on the analysis of individual stocks rather than the industry in which a company operates) remains at the forefront of the investment process, considerations of investment themes will supplement this approach, including consumer trends, technology, demographics, regulation or other external trends that may impact an individual target investment.The Fund may pursue a 'long-short strategy' whereby, in addition to buying and holding assets which the Investment Manager believes to be undervalued, it may use financial derivative instruments (ie instruments whose prices are dependent on one or more underlying assets (?FDI?)) to take 'short' positions where the Fund may make money in respect of issuers whose securities the Investment Manager believes to be overvalued or expects to fall in value.Benchmarks. The Fund is actively managed and is managed in reference to the ICE BofA Global High Yiel

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No