Man Active Trend Enhanced ETF (MATE) Stock Price, Quote, News & History | Benzinga

The Fund seeks to achieve its investment objective by investing in two complementary investment strategies: an active, trend-following strategy (the Trend-Following Strategy) and an equity strategy (the Equity Strategy). AHL Partners LLP, the Funds sub adviser (the Sub Adviser), employs a quantitative model to identify investment opportunities across a wide range of global markets. The Fund will target a 100 percent exposure to each of its Trend-Following Strategy and Equity Strategy. The Trend-Following Strategy involves investing in derivative instruments, including futures and forwards contracts and options, and equity securities to achieve long and short exposures to global developed and emerging market equity and fixed-income securities, indices, currencies, and commodities, as applicable. The Equity Strategy primarily consists of investing in U.S. equity securities (i.e., common stocks of U.S. issuers), U.S. equity exchange-traded funds (ETFs), and/or futures contracts on U.S. equity indices. The Fund will hold U.S. Treasury securities, cash and cash equivalents as collateral for the Funds investments in derivatives, as well as to generate incremental income. The Fund is non diversified, which means that it may invest a greater percentage of its assets than a diversified ETF in the securities of a limited number of issuers.