Financial Highlights

12 Months Ended

Dec. 31, 2021

Financial Highlights

5.    FINANCIAL HIGHLIGHTS 

The following represents the ratios to average limited partners’ capital and other information for the years ended December 31, 2021, 2020 and 2019:

	2021									2020									2019
	Class A Series 1			Class A Series 2			Class B Series 1			Class A Series 1			Class A Series 2			Class B Series 1			Class A Series 1			Class A Series 2			Class B Series 1
Per unit operating performance:
Beginning net asset value	$	4,040.79		$	4,682.16		$	4,040.61		$	3,773.02		$	4,317.43		$	3,772.86		$	3,379.30		$	3,818.72		$	3,379.15
Income (loss) from investment operations:
Net investment loss		(232.93	)		(204.03	)		(232.59	)		(175.46	)		(144.61	)		(174.74	)		(113.84	)		(72.65	)		(114.01	)
Net realized and change in unrealized gains (losses) on trading activities		594.97			687.89			594.62			443.23			509.34			442.49			507.56			571.36			507.72
Total income (loss) from investment operations		362.04			483.86			362.03			267.77			364.73			267.75			393.72			498.71			393.71
Ending net asset value	$	4,402.83		$	5,166.02		$	4,402.64		$	4,040.79		$	4,682.16		$	4,040.61		$	3,773.02		$	4,317.43		$	3,772.86
Ratios to average partners’ capital 1 :
Expenses other than incentive fees		5.24	%		3.95	%		5.23	%		5.21	%		3.85	%		5.18	%		5.21	%		4.25	%		5.23	%
Total expenses		5.24	%		3.95	%		5.23	%		5.21	%		3.85	%		5.18	%		5.21	%		4.25	%		5.23	%
Net investment loss		(5.17	)%		(3.88	)%		(5.16	)%		(4.61	)%		(3.30	)%		(4.59	)%		(3.15	)%		(1.80	)%		(3.16	)%
Total return:
Total return before incentive fees		8.96	%		10.33	%		8.96	%		7.10	%		8.45	%		7.10	%		11.65	%		13.06	%		11.65	%
Total return after incentive fees		8.96	%		10.33	%		8.96	%		7.10	%		8.45	%		7.10	%		11.65	%		13.06	%		11.65	%

1  Includes amounts allocated from the Trading Company.

2  Ending NAV per share is calculated immediately prior to the final redemption.

Financial highlights are calculated for limited partners taken as a whole for each series. An individual partner’s returns and ratios may vary from these returns and ratios based on the timing of capital transactions.

Man Ahl Diversified Trading Company L P [Member]

Financial Highlights

7.    FINANCIAL HIGHLIGHTS

The following represents the ratios to average partners’ capital and other information for the years ended December 31, 2021, 2020 and 2019:

	2021			2020			2019
Per unit operating performance:
Beginning net asset value	$	19,823.33		$	17,723.52		$	15,203.61
Income (loss) from investment operations:
Net investment gain (loss)		(146.33	)		(36.79	)		210.56
Net realized and change in unrealized gains (losses) on trading activities and translation of foreign currency		2,899.55			2,136.60			2,309.35
Total income (loss) from investment operations		2,753.22			2,099.81			2,519.91
Ending net asset value	$	22,576.55		$	19,823.33		$	17,723.52
Ratios to average partners’ capital:
Expenses		0.71%			0.77%			0.76%
Net investment gain (loss)		(0.65)%			(0.20)%			1.27%
Total return		13.89%			11.85%			16.57%

Financial highlights are calculated for all partners taken as a whole. An individual partner’s returns and ratios may vary from these returns and ratios based on the timing of capital transactions.