Multi-asset
This is a marketing communication.
Please refer to the Fund’s prospectus/offering document and KIID/KID (if applicable) before making any final investment decisions.
Man TargetRisk
ISIN
IE00BRJT7613
Inception
August 18, 2016
Man TargetRisk D H EUR
As of July 23, 2025
NAV (EUR)
137.46
1 Day
0.23%
MTD
0.70%
YTD
-3.24%
Fund AUM (USD)
2,672,770,509
As at June 30, 2025
Morningstar
N/A
Past performance is not indicative of future results. Returns may increase or decrease as a result of currency fluctuations.
Fund
The Fund aims to generate capital growth over the medium to long term by providing dynamic exposure to a range of assets and a return stream with a stable level of volatility regardless of market conditions. The Fund will apply its proprietary quantitative model to adjust the exposure to particular positions and achieve its investment objective. The position sizing (exposure) is based on a systematic algorithm that adjusts the notional amount of each position based on the risk of the Portfolio. The strategy utilises additional systematic overlays to control downside risk. The Fund's exposure to different investments is determined in accordance with formulas used by its computer-based model using various techniques, including 'volatility scaling'. According to this technique, a particular market's volatility is measured; if the market is turbulent and returns are volatile, the Fund's exposure to that market will be reduced. Exposure will be increased where a market is calm.
Type of assets
The Fund's objective will be achieved primarily through the use of financial derivative instruments and stable risk exposure to equities, fixed income, money market instruments, bank deposits and other liquid assets including cash, cash equivalents and liquid government debt instruments. It may also invest in futures, forwards, swaps, swaptions and contracts for difference.
Benchmark degree of freedom
The Portfolio is actively managed. The Portfolio measures its performance against the 60%/40% Composite Index (60% MSCI World Net Total Return Hedged Index, 40% Barclays Capital Global Aggregate Bond Index Hedged) (the “Composite Index”). However, the Portfolio does not intend to track the Composite Index and is not constrained by it. The Portfolio may not hold all or any of the components of the Composite Index.
Please refer to the Fund’s Prospectus /Offering documents for additional details regarding the Fund policy.
The value of an investment and any income derived from it can go down as well as up and investors may not get back their original amount invested. Alternative investments can involve significant additional risks.
Past performance is not indicative of future results. Returns may increase or decrease as a result of currency fluctuations.
Source: Man Group database, MSCI and Bloomberg.
Past performance is not indicative of future results. Returns may increase or decrease as a result of currency fluctuations.
Performance data is shown net of fees with income reinvested, and does not take into account sales and redemption charges where such costs are applicable. Annualised return and annualised volatility are shown after 12 months of performance since the inception of the product.
The index data provider makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any data contained herein. See: https://www.man.com/indices-disclaimer for full disclaimers.
Prior to investing in the Fund investors should carefully consider the risks associated with investing, whether the Fund suits their investment requirements and whether they have sufficient resources to bear any losses which may result from an investment in the Fund. Investors should only invest if they understand the terms on which the Fund is offered. Investors should consider the following risks and where appropriate seek professional advice before investing:
Investment Objective Risk - There is no guarantee that the Fund will achieve its investment objective.
Market Risk - The Fund is subject to normal market fluctuations and the risks associated with investing in international securities markets. Therefore, the value of your investment and the income from it may rise as well as fall and you may not get back the amount originally invested.
Counterparty Risk - The Fund will be exposed to credit risk on counterparties with which it trades in relation to on-exchange traded instruments such as futures and options and where applicable, 'over-the-counter' ("OTC","non-exchange") transactions. OTC instruments may also be less liquid and are not afforded the same protections that may apply to participants trading instruments on an organised exchange.
Currency Risk - The value of investments designated in another currency may rise and fall due to exchange rate fluctuations. Adverse movements in currency exchange rates may result in a decrease in return and a loss of capital. It may not be possible or practicable to successfully hedge against the currency risk exposure in all circumstances.
Liquidity Risk - The Fund may make investments or hold trading positions in markets that are volatile and which may become illiquid. Timely and cost efficient sale of trading positions can be impaired by decreased trading volume and/or increased price volatility.
Financial Derivatives Instruments - The Fund will invest financial derivative instruments ("FDI") (instruments whose prices are dependent on one or more underlying asset) to achieve its investment objective. The use of FDI involves additional risks such as high sensitivity to price movements of the asset on which it is based. The extensive use of FDI may significantly multiply the gains or losses.
Leverage Risk - The Fund's use of FDI may result in increased leverage which may lead to significant losses.
Emerging Markets - The Fund may invest a significant proportion of its assets in securities with exposure to emerging markets which involve additional risks relating to matters such as the illiquidity of securities and the potentially volatile nature of markets not typically associated with investing in other more established economies or markets.
Commodity risk - The Fund may have exposure to commodities, the value of which can be volatile may carry additional risk. Commodity prices can also be influenced by the prevailing political climate and government stability in commodity producing nations.
Model and Data Risk - The Fund's Investment Manager relies on internally derived qualitative and quantitative trading models and algorithms. These quantitative trading models and algorithms may rely on data that is internally derived or provided by a third party. If a model or algorithm or the data consumed by these models or algorithms prove to be incorrect or incomplete, the Fund may be exposed to potential losses. The calculations and output of a models or algorithm can be impacted by unforeseen market disruptions and/or government or regulatory intervention, leading to potential losses.
A complete description of risks is set out in the Fund's prospectus.
Parties
Parties
Fees & charges
Fees & charges
Please note that the dealing terms are as set out in the relevant prospectus/offer document, and the information shown above is not a substitute for, nor a complete summary of, those terms or such prospectus/offer document. Investment in this class is made solely in reliance upon the fund’s constitutional and offering documentation.
Sales Fee: The maximum entry fee charged to cover the cost of setting up your investment. Management Fee: The fee deducted from the net assets to cover the costs of running the Fund. A percentage of the fee may be paid to the distributor of the Fund. Please contact the distributor for specific details. Performance Fee: The payment made to an Investment Manager if certain performance levels are achieved (often over and above any levels set out in the investment objective) within a set time period. Ongoing Charges: A variable charge payable over a year, normally based on expenses to the Fund as of the previous accounting year. It excludes Performance Fees (if applicable) but includes the Management Fee. Introducing Broker Fee: The fee payable to Man Investments AG which has been appointed as the Introducing Broker and is responsible for recommending appropriate Brokers to the Fund as well as actively managing these relationships, ensuring appropriate service levels as well as an adequate diversification of Brokers. Distribution Fee: The fee is used to cover expenses that are primarily intended to result in, or that are primarily attributable to the sale of the Fund’s shares, including the costs of distributing the prospectus and other sales literature to prospective investors.
Man Investments Inc.
1345 Avenue of the Americas
21st Floor
New York, NY 10105
United States of America
Tel: +1 (212) 649-6600
AllinUSSales@man.com
Prior to investing in the Fund investors should carefully consider the risks associated with investing, whether the Fund suits their investment requirements and whether they have sufficient resources to bear any losses which may result from an investment in the Fund. Investors should only invest if they understand the terms on which the Fund is offered. Investors should consider the following risks and where appropriate seek professional advice before investing:
Investment Objective Risk - There is no guarantee that the Fund will achieve its investment objective.
Market Risk - The Fund is subject to normal market fluctuations and the risks associated with investing in international securities markets. Therefore, the value of your investment and the income from it may rise as well as fall and you may not get back the amount originally invested.
Counterparty Risk - The Fund will be exposed to credit risk on counterparties with which it trades in relation to on-exchange traded instruments such as futures and options and where applicable, 'over-the-counter' ("OTC","non-exchange") transactions. OTC instruments may also be less liquid and are not afforded the same protections that may apply to participants trading instruments on an organised exchange.
Currency Risk - The value of investments designated in another currency may rise and fall due to exchange rate fluctuations. Adverse movements in currency exchange rates may result in a decrease in return and a loss of capital. It may not be possible or practicable to successfully hedge against the currency risk exposure in all circumstances.
Liquidity Risk - The Fund may make investments or hold trading positions in markets that are volatile and which may become illiquid. Timely and cost efficient sale of trading positions can be impaired by decreased trading volume and/or increased price volatility.
Financial Derivatives Instruments - The Fund will invest financial derivative instruments ("FDI") (instruments whose prices are dependent on one or more underlying asset) to achieve its investment objective. The use of FDI involves additional risks such as high sensitivity to price movements of the asset on which it is based. The extensive use of FDI may significantly multiply the gains or losses.
Leverage Risk - The Fund's use of FDI may result in increased leverage which may lead to significant losses.
Emerging Markets - The Fund may invest a significant proportion of its assets in securities with exposure to emerging markets which involve additional risks relating to matters such as the illiquidity of securities and the potentially volatile nature of markets not typically associated with investing in other more established economies or markets.
Commodity risk - The Fund may have exposure to commodities, the value of which can be volatile may carry additional risk. Commodity prices can also be influenced by the prevailing political climate and government stability in commodity producing nations.
Model and Data Risk - The Fund's Investment Manager relies on internally derived qualitative and quantitative trading models and algorithms. These quantitative trading models and algorithms may rely on data that is internally derived or provided by a third party. If a model or algorithm or the data consumed by these models or algorithms prove to be incorrect or incomplete, the Fund may be exposed to potential losses. The calculations and output of a models or algorithm can be impacted by unforeseen market disruptions and/or government or regulatory intervention, leading to potential losses.
A complete description of risks is set out in the Fund's prospectus.
The Fund is a sub-fund of Man Funds VI plc, domiciled in Ireland and registered with the Central Bank of Ireland. Full details of the Fund's objectives, investment policy and risks are located in the Prospectus which with the Key Investor Information Document (KIID) / Key Investor Document (KID), and the Report and Accounts of the UCITS, are accessible free of charge from the local information/paying agent, from authorised distributors and from www.man.com/documents. The KIID/KID is available in English and in an official language of the jurisdictions in which the Fund is registered for public sale. The Prospectus and the Reports and Accounts of the UCITS can be obtained in English. In Switzerland, the Prospectus is also available in German.
For the avoidance of doubt, if you decide to invest, you will be buying units/shares in the Fund and will not be investing directly in the underlying assets of the Fund. Before deciding to invest, investors should consider all fund characteristics and objectives as outlined in the prospectus or related documents, please refer to the KID / KIID for information on commissions, fees, and other charges. The difference at any one time between the sale and repurchase price of a unit in the UCITS means that the investment should be viewed as medium term to long term.
In order to fulfil the fund's objectives the Prospectus allows the manager the ability to invest principally in units of other collective investment schemes, bank deposits, derivatives contracts designed with the aim of gaining short term exposure to an underlying stock or index at a lower cost than owning the asset, or assets aiming to replicate a stock or debt securities index.
More than 35% of the Fund's total holdings in bonds may be issued by or guaranteed by:
- EU and OECD Governments
- European Investment Bank
- International Financing Corp
- World Bank
For a summary of investor rights please see www.man.com/investor-relations and for guidelines for individual or collective redress mechanisms, please consult the fund’s prospectus and its key information document, as well as the complaints handling policy found here www.man.com/complaints-handling-policy.
Past performance is not indicative of future results. Returns may increase or decrease as a result of currency fluctuations. Performance data is shown net of fees with income reinvested, and does not take into account sales and redemption charges where such costs are applicable. The value of an investment and any income derived from it can go down as well as up and investors may not get back their original amount invested. Alternative investments can involve significant additional risks. Please refer to the prospectus/offer document for further details. All product documentation is available free of charge on www.man.com.
Full details of the product objectives, investment policy and risks are located in the Prospectus which you should read prior to subscribing. In addition for UCITS products, the Key Investor Information Document / Key Investor Document in English and in an official language of the jurisdictions in which the Fund is registered for public sale, together with the Report and Accounts of the UCITS. The Fund’s documentation are available free of charge through the Document library. Additionally, it is recommended that you contact an investment adviser and/or tax adviser.
Awards and/or ratings are for information purposes only and should not be construed as an endorsement of any Man Group company nor or of their products or services. Please refer to the websites of the sponsors/issuers for information regarding the criteria on which the awards/ratings are determined.
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