The Fund invests in units in the Underlying Fund. The investment strategy of the Underlying Fund is to achieve its investment objective using the AHL Alpha Program.

Benefits of investing in the Man AHL Alpha (AUD)

• A quantitatively driven managed futures product

• Managed futures are generally uncorrelated with traditional asset classes

• An allocation to managed futures within a diversified portfolio has the potential to reduce risk and enhance returns

• Risk management is an essential component of the investment process

• Large investment team (140+) with strong academic qualifications

This product is designed for customers who have a tolerance (with respect to their investment allocation to this product) for investing at the higher end of the risk spectrum. 

About the Fund

The Fund provides investors with access to one of the world's longest running managed futures programs, which has historically experienced a low correlation with the performance of traditional asset classes such as equities, property and bonds.

The investment approach is a fully systematic, research driven, quantitative process that exploits technical or price driven signals through investment in a broad range of futures and forward markets, as well as highly liquid OTC markets. It is underpinned by the AHL Alpha Program, a sophisticated computerised managed futures program designed to identify and capture trends across a range of sectors including stocks, bonds, currencies, agriculturals, metals, interest rates, energies and credit.

The AHL Alpha Program primarily adopts a trend following' investment approach, meaning that it seeks to generate returns from sustained price movements (price trends or other repeatable patterns) in the markets it accesses; these can be either upward or downward price movements.

How we invest your money

Investment strategy

The Fund aims to generate medium to long term returns primarily by identifying and taking advantage of upward and downward price trends through a varied portfolio of investments which may include trading in futures, options, forward contracts, contracts for difference, equities, debt, swaps and other derivatives, both on and off exchange, using the AHL Alpha Program. Amounts not required for trading using the AHL Alpha Program are held in a Cash Deposit.

The Fund accesses the AHL Alpha Program by investing in Class D1 Sub-Class A AHL Alpha AUD Shares of AHL Strategies PCC Limited (the "Underlying Fund), a company incorporated in Guernsey.

The Underlying Fund, in turn, invests in the shares of underlying investment vehicles selected by the Investment Manager ("Underlying Vehicles). As at the date of this PDS, the Underlying Funds are AHL Institutional Series 3 Limited and AHL Evolution Limited, each of which are companies incorporated in Bermuda. The Investment Manager may change the Underlying Vehicles from time to time, provided that exposure to the AHL Alpha Program is maintained.

The markets accessed by the AHL Alpha Program are global.