MADL MADL

Man-AHL Diversified I L. P. is a Delaware limited partnership that engages in the speculative trading of physical commodities, futures and forward contracts, and related financial instruments. The Partnership operates as a feeder fund within a master-feeder structure, investing substantially all of its assets in Man AHL-Diversified Trading Company L. P. The Trading Advisor, AHL Partners LLP, implements a systematic, statistically based investment strategy designed to identify and capitalize on market trends and inefficiencies globally. This approach relies on quantitative models driven by historical data analysis, rigorous risk controls, and real-time execution across diverse asset classes. The Partnership seeks to deliver medium-term capital growth independent of traditional stock and bond market movements through diversified trading in currencies, bonds, energies, stock indices, interest rates, credit, metals, agricultural products, and volatility instruments.

The Partnership generates revenue primarily through speculative trading activities conducted by the Trading Advisor on behalf of the Trading Company, in which the Partnership holds a substantial interest. Returns are derived from capital appreciation generated by trading futures, options, forwards, swaps, and other derivatives on exchanges and over-the-counter markets worldwide. The Trading Advisor earns a monthly management fee equal to 1/6th of 1% of month-end Net Asset Value (approximately 2% annually) and is entitled to an incentive fee of 20% of Net New Appreciation achieved by the Partnership, subject to high-water mark provisions. The General Partner receives a monthly administrative fee of 1/12th of 1% of month-end Net Asset Value (approximately 1% annually) for Class A-1 and B-1 units. The Placement Agent, Man Investments Inc., earns a servicing fee based on Net Asset Value, with rates varying by unit class, and may receive upfront selling commissions on certain placements.

No operational segments are reported.

Man-AHL Diversified I L. P. operates within the highly competitive global alternative investment industry, specifically as a commodity trading advisor (CTA) and commodity pool operator (CPO) offering managed futures strategies. The Partnership competes with other CTA funds, hedge funds, and alternative investment vehicles that employ systematic or discretionary trading approaches across similar asset classes. Its competitive advantages stem from the proprietary, research-driven trading models of AHL Partners LLP, which emphasize diversification across markets, timeframes, and strategies, supported by rigorous risk management and continuous model refinement. The firm’s affiliation with Man Group provides access to substantial infrastructure, global broker relationships, and ongoing investment in trading technology and research capabilities.

The Partnership serves accredited investors, institutional clients, and individuals seeking exposure to alternative investment strategies through managed futures. It offers two primary classes of units: Class A Units, generally available to investors, and Class B Units, specifically designed for employee benefit plans, IRAs, and other retirement accounts, requiring a minimum investment of $10,000. Additional series, Class A-2 and Class B-2 units, were introduced in 2009, though Class B-2 units are no longer offered and were fully redeemed by November 30, 2018. Despite structural distinctions in fees and minimums, all unit classes share pro rata in profits and losses with no preferential rights, maintaining equivalent economic interests for holders.