Investment Risks |
Dec. 31, 2024 |
||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Man Active High Yield ETF | Risk Lose Money [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | A shareholder of the Fund is subject to the risk that his or her investment could lose money. | ||||||||||||||||
Man Active High Yield ETF | Risk Not Insured Depository Institution [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | An investment in the Fund is not a deposit with a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. | ||||||||||||||||
Man Active High Yield ETF | Risk Nondiversified Status [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | Non-Diversification Risk. The Fund is non-diversified, which means that it may invest a greater percentage of its assets than a diversified mutual fund in the securities of a limited number of issuers. The use of a non-diversified investment strategy may increase the volatility of the Fund’s investment performance, as the Fund may be more susceptible to risks associated with a single economic, political or regulatory event.
|
||||||||||||||||
Man Active High Yield ETF | Bank Loan Risk [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | Bank Loan Risk. The market for bank loans may not be highly liquid and the Fund may have difficulty selling them. In connection with purchasing loan participations, the Fund generally will have no right to enforce compliance by borrowers with loan terms nor any set‑off rights, and the Fund may not benefit directly from any posted collateral. As a result, the Fund may be subject to the credit risk of both the borrower and the lender selling the participation. Bank loan transactions may take more than seven days to settle, meaning that proceeds would be unavailable to make additional investments or meet redemptions.
|
||||||||||||||||
Man Active High Yield ETF | Cash Transactions Risk [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | Cash Transactions Risk. The Fund currently intends to typically effect creation and redemptions via cash transactions, but the Trust reserves the right to require creations and redemption be effected in whole or in part “in-kind.” To the extent creations and redemptions are effected in cash, the Fund may be less tax-efficient than an investment in an ETF that does not elect to effect all creations and redemptions principally for cash. To the extent the Fund sells Fund securities to meet some or all of a redemption request with cash, the Fund may incur taxable gains or losses that it might not have incurred had it made redemptions entirely in-kind. As a result, the Fund may pay out higher annual capital gain distributions than if the in-kind redemption process were used. Additionally, the Fund may incur additional brokerage costs related to buying and selling securities if it utilizes cash as part of a creation or redemption transaction than it would if the Fund had transacted entirely in-kind.
|
||||||||||||||||
Man Active High Yield ETF | Contingent Convertible Securities ("CoCos") Risk [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | Contingent Convertible Securities (“CoCos”) Risk. The Fund may invest in CoCos, which are a type of convertible security typically issued by non-U.S. banks. The performance of such bonds is dependent on a number of factors including interest rates, credit and equity performance, and the correlations between factors. As such these securities introduce significant additional risk to an investment in the Fund.
|
||||||||||||||||
Man Active High Yield ETF | Counterparty Risk [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | Counterparty Risk. The Fund is subject to the risk that a party or participant to a transaction, such as a broker or a derivative counterparty, will be unwilling or unable to satisfy its obligation to make timely principal, interest or settlement payments or to otherwise honor its obligations to the Fund.
|
||||||||||||||||
Man Active High Yield ETF | Credit Risk [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | Credit Risk. Failure of an issuer of a security to make timely interest or principal payments when due, or a decline or perception of a decline in the credit quality of the security, can cause the security’s price to fall. The lower a security’s credit rating, the greater the chance that the issuer of the security will default or fail to meet its payment obligations.
|
||||||||||||||||
Man Active High Yield ETF | Debt Securities Risk [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | Debt Securities Risk. Debt securities, including those rated investment grade, are subject to credit risk and interest rate risk. Credit risk is the possibility that the issuer or guarantor of a debt security may be unable, or perceived to be unable or unwilling, to pay interest or repay principal when they become due. In these instances, the value of an investment could decline, and the Fund could lose money. Interest rate risk is the possibility that interest rates will change over time. When interest rates rise, the value of debt securities tends to fall. The longer the terms of the debt securities held by a Fund, the more the Fund is subject to this risk.
|
||||||||||||||||
Man Active High Yield ETF | Derivatives Risk [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | Derivatives Risk. A small investment in derivatives could have a potentially large impact on the Fund’s performance. The use of derivatives involves risks different from, or possibly greater than, the risks associated with investing directly in the underlying assets, and the Fund’s use of derivatives may result in losses to the Fund. Derivatives in which the Fund may invest can be highly volatile, illiquid and difficult to value, and there is the risk that changes in the value of a derivative held by the Fund will not correlate with the underlying assets or the Fund’s other investments in the manner intended.
|
||||||||||||||||
Man Active High Yield ETF | Distressed and Defaulted Securities Risk [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | Distressed and Defaulted Securities Risk. Distressed and defaulted securities are speculative and involve substantial risks in addition to the risks of investing in high yield securities. These securities may present a substantial risk of default or may be in default at the time of investment, requiring the Fund to incur additional costs.
|
||||||||||||||||
Man Active High Yield ETF | Emerging Markets Risk [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | Emerging Markets Risk. Emerging market securities typically present even greater exposure to the risks of foreign developed countries and may be particularly sensitive to global economic conditions. Emerging market securities are also typically less liquid than securities of developed countries and could be difficult to sell, particularly during a market downturn. Certain emerging market countries may be subject to less stringent requirements regarding accounting, auditing, financial reporting and record keeping and therefore, material information related to an investment may not be available or reliable. Certain emerging market or developing countries are among the largest debtors to commercial banks and foreign governments. The issuer or governmental authority that controls the repayment of sovereign debt may not be willing or able to repay the principal and/or pay interest when due in accordance with the terms of such obligations.
|
||||||||||||||||
Man Active High Yield ETF | Equity-Linked Investment Risk [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | Equity-Linked Investment Risk. Equity-linked investments are subject to the same risks as direct investments in securities of the underlying investment. If the underlying investment decreases in value, the value of the equity-linked investment will decrease; however, the performance of such investments may not correlate exactly to the performance of the underlying investments that they seek to replicate.
|
||||||||||||||||
Man Active High Yield ETF | Equity Securities Risk [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | Equity Securities Risk. To the extent that the Fund holds equity securities, the value of the Fund’s portfolio holdings may fluctuate in response to the risk that the prices of equity securities, including common stock, rise and fall daily. These price movements may result from factors affecting individual companies, industries or the securities market as a whole. In addition, equity markets tend to move in cycles, which may cause stock prices to fall over short or extended periods of time. Equity securities generally have greater price volatility than debt securities.
|
||||||||||||||||
Man Active High Yield ETF | ETF Risk [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | ETF Risk. Like other ETFs, the Fund, and any ETFs that the Fund invests in, are subject to the following risks:
|
||||||||||||||||
Man Active High Yield ETF | Fixed-Income Securities Risk [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | Fixed-Income Securities Risk. The market value of a fixed-income security may decline due to general market conditions that are not specifically related to a particular company, such as real or perceived adverse economic conditions, changes in the outlook for corporate earnings, changes in interest or currency rates or adverse investor sentiment generally. The fixed-income securities market can be susceptible to increases in volatility and decreases in liquidity. Liquidity can decline unpredictably in response to overall economic conditions or credit tightening. Increases in volatility and decreases in liquidity may be caused by a rise in interest rates (or the expectation of a rise in interest rates). An unexpected increase in Fund redemption requests, including requests from shareholders who may own a significant percentage of the Fund’s shares, which may be triggered by market turmoil or an increase in interest rates, could cause the Fund to sell its holdings at a loss or at undesirable prices and adversely affect the Fund’s share price and increase the Fund’s liquidity risk, fund expenses and/or taxable distributions. Central Banks’ policy in response to market conditions, including with respect to interest rates, may adversely affect the value, volatility and liquidity of dividend and interest paying securities. Policy and legislative changes worldwide are affecting many aspects of financial regulation. The impact of these changes on the markets and the practical implications for market participants may not be fully known for some time.
|
||||||||||||||||
Man Active High Yield ETF | Foreign Currency Risk [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | Foreign Currency Risk. Investments in foreign currencies are subject to the risk that those currencies will decline in value relative to the U.S. dollar or, in the case of hedged positions, that the U.S. dollar will decline relative to the currency being hedged. Foreign currencies, particularly the currencies of emerging market countries, are also subject to risks caused by inflation, interest rates, budget deficits and low savings rates, political factors and government intervention and controls.
|
||||||||||||||||
Man Active High Yield ETF | Foreign Investment Risk [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | Foreign Investment Risk. Investments in foreign markets entail special risks, such as currency, political (including geopolitical), economic and market risks, and heightened risks, that may result in losses to the Fund. There also may be greater market volatility, less reliable financial information, less stringent investor protections and disclosure standards, higher transaction and custody costs and risks, decreased market liquidity and less government and exchange regulation associated with investments in foreign markets. Investing in foreign government obligations, debt obligations of supranational entities and the sovereign debt of foreign countries, including emerging market countries, creates exposure to the direct or indirect consequences of political, social or economic changes in the countries that issue the securities or in which the issuers are located. A governmental obligor may default on its obligations. Some sovereign obligors have been among the world’s largest debtors to commercial banks, other governments, international financial organizations and other financial institutions. These obligors, in the past, have experienced substantial difficulties in servicing their external debt obligations, which led to defaults on certain obligations and the restructuring of certain indebtedness.
|
||||||||||||||||
Man Active High Yield ETF | High Yield Securities Risk [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | High Yield Securities Risk. High yield securities and unrated securities of similar credit quality (commonly known as “junk bonds”) are considered speculative and have a much greater risk of default or of not returning principal and their values tend to be more volatile than higher-rated securities with similar maturities.
|
||||||||||||||||
Man Active High Yield ETF | Hybrid Securities Risk [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | Hybrid Securities Risk. Convertible and other hybrid securities (including preferred and convertible instruments) generally possess certain characteristics of both equity and debt securities. In addition to risks associated with investing in income securities, such as interest rate and credit risks, hybrid securities may be subject to issuer-specific and market risks generally applicable to equity securities. Convertible securities may also react to changes in the value of the common stock into which they convert and are thus subject to equity investing and market risks. A convertible security may be converted at an inopportune time, which may decrease the Fund’s return.
|
||||||||||||||||
Man Active High Yield ETF | Interest Rate Risk [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | Interest Rate Risk. Prices of bonds and other fixed rate fixed-income securities tend to move inversely with changes in interest rates. Typically, a rise in rates will adversely affect fixed-income securities and, accordingly, will cause the value of the Fund’s investments in these securities to decline. A wide variety of market factors can cause interest rates to rise, including central bank monetary policy, rising inflation and changes in general economic conditions. When interest rates fall, the Fund’s investments in new securities may be at lower yields and may reduce the Fund’s income. Changing interest rates may have unpredictable effects on markets, may result in heightened market volatility and may detract from fund performance. The magnitude of these fluctuations in the market price of fixed-income securities is generally greater for securities with longer effective maturities and durations because such instruments do not mature, reset interest rates or become callable for longer periods of time. Unlike investment grade bonds, however, the prices of high yield (“junk”) bonds may fluctuate unpredictably and not necessarily inversely with changes in interest rates.
|
||||||||||||||||
Man Active High Yield ETF | Large Shareholder Risk [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | Large Shareholder Risk. A significant percentage of the Fund’s shares may be owned or controlled by the Adviser and its affiliates, or one or more other large shareholders. Accordingly, the Fund is subject to the potential for large-scale inflows and outflows as a result of purchases and redemptions of its shares by such shareholders. These inflows and outflows could negatively affect the Fund’s net asset value and performance.
|
||||||||||||||||
Man Active High Yield ETF | Leverage Risk [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | Leverage Risk. Certain Fund transactions, for example, in their use of derivative instruments may have the effects of leverage. Leverage can result from exposure to an asset, index, rate, or underlying reference instrument. Leverage can increase both the risk and return potential of the Fund. The use of leverage may cause the Fund to maintain liquid assets or liquidate portfolio positions when it may not be advantageous to do so to satisfy its obligations. The loss on leveraged investments may substantially exceed the initial investment.
|
||||||||||||||||
Man Active High Yield ETF | Liquidity Risk [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | Liquidity Risk. When there is little or no active trading market for specific types of securities, it can become more difficult to sell the securities in a timely manner at or near their perceived value. In such a market, the value of such securities and the Fund’s share price may fall dramatically. The market for below investment grade securities may be less liquid and therefore these securities may be harder to value or sell at an acceptable price, especially during times of market volatility or decline. Investments in foreign securities, particularly those of issuers located in emerging markets, tend to have greater exposure to liquidity risk than domestic securities.
|
||||||||||||||||
Man Active High Yield ETF | Management Risk [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | Management Risk. Investment decisions, techniques, analyses or models implemented by the Fund’s Adviser or Sub-Adviser in seeking to achieve the Fund’s investment objective may not produce expected returns, may cause the Fund’s shares to lose value or may cause the Fund to underperform other funds with similar investment objectives.
|
||||||||||||||||
Man Active High Yield ETF | Market Risk [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | Market Risk. The values of, and/or the income generated by, securities held by the Fund may decline due to general market conditions or other factors, including those directly involving the issuers of such securities. Securities markets are volatile and may decline significantly in response to adverse issuer, regulatory, political, or economic developments. Different sectors of the market and different security types may react differently to such developments.
|
||||||||||||||||
Man Active High Yield ETF | Mortgage- and Asset-Backed Securities Risk [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | Mortgage- and Asset-Backed Securities Risk. Mortgage- and asset-backed securities may decline in value and become less liquid when defaults on the underlying mortgages or assets occur and may exhibit additional volatility in periods of rising interest rates. Rising interest rates tend to extend the duration of these securities, making them more sensitive to changes in interest rates than instruments with fixed payment schedules. When interest rates decline or are low, the prepayment of mortgages or assets underlying such securities can reduce a Fund’s returns.
|
||||||||||||||||
Man Active High Yield ETF | New Fund Risk [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | New Fund Risk. The Fund is a new fund, with a limited or no operating history and a small asset base. There can be no assurance that the Fund will grow to or maintain a viable size. Due to the Fund’s small asset base, certain of the Fund’s expenses and its portfolio transaction costs may be higher than those of a fund with a larger asset base. To the extent that the Fund does not grow to or maintain a viable size, it may be liquidated, and the expenses, timing and tax consequences of such liquidation may not be favorable to some shareholders.
|
||||||||||||||||
Man Active High Yield ETF | Non-Diversification Risk [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | Non-Diversification Risk. The Fund is non-diversified, which means that it may invest a greater percentage of its assets than a diversified mutual fund in the securities of a limited number of issuers. The use of a non-diversified investment strategy may increase the volatility of the Fund’s investment performance, as the Fund may be more susceptible to risks associated with a single economic, political or regulatory event.
|
||||||||||||||||
Man Active High Yield ETF | Other Investment Company Risk [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | Other Investment Company Risk. Investments in other investment companies (including money market funds) are subject to market and selection risk. In addition, if the Fund acquires shares of investment companies, shareholders bear both their proportionate share of expenses in the Fund and, indirectly, the expenses of the investment companies.
|
||||||||||||||||
Man Active High Yield ETF | Subordinated Debt Risk [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | Subordinated Debt Risk. The Fund may invest in debt securities that are subordinated to more senior securities of the issuer. Holders of debt securities that are subordinated or “junior” to more senior securities are entitled to payment after holders of more senior securities. Subordinated debt securities are more likely to suffer a credit loss than non-subordinated securities of the same issuer, may be disproportionately affected by a default, downgrade or perceived decline in creditworthiness, and may take longer to recover interest or principal.
|
||||||||||||||||
Man Active High Yield ETF | Tax Risk [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | Tax Risk. In order to qualify for the favorable tax treatment available to regulated investment companies, the Fund must satisfy certain income, asset diversification and distribution requirements each year. If the Fund were to fail the favorable tax treatment requirements, it would be taxed in the same manner as an ordinary corporation, which would adversely affect its performance.
|
||||||||||||||||
Man Active High Yield ETF | Variable and Floating Rate Instrument Risk [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | Variable and Floating Rate Instrument Risk. During periods of rising interest rates, because changes in interest rates on adjustable rate securities may lag behind changes in market rates, the value of such securities may decline until their interest rates reset to market rates. During periods of declining interest rates, because the interest rates on adjustable rate securities generally reset downward, their market value is unlikely to rise to the same extent as the value of comparable fixed rate securities.
|
||||||||||||||||
Man Active Income ETF | Risk Lose Money [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | A shareholder of the Fund is subject to the risk that his or her investment could lose money. | ||||||||||||||||
Man Active Income ETF | Risk Not Insured Depository Institution [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | An investment in the Fund is not a deposit with a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. | ||||||||||||||||
Man Active Income ETF | Risk Nondiversified Status [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | Non-Diversification Risk. The Fund is non-diversified, which means that it may invest a greater percentage of its assets than a diversified mutual fund in the securities of a limited number of issuers. The use of a non-diversified investment strategy may increase the volatility of the Fund’s investment performance, as the Fund may be more susceptible to risks associated with a single economic, political or regulatory event.
|
||||||||||||||||
Man Active Income ETF | Bank Loan Risk [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | Bank Loan Risk. The Fund may invest in bank loans, potentially exposing the portfolio to the credit risk of the underlying borrower, and in certain cases, of the financial institution, as well as settlement risk and liquidity risk. The Fund’s ability to receive payments in connection with the loan depends primarily on the financial condition of the borrower. The Fund may invest in bank loans that have fewer or no financial maintenance covenants and restrictions. These are called covenant-lite loans. A covenant-lite loan typically contains fewer clauses which allow an investor to proactively enforce financial covenants or prevent undesired actions by the borrower/issuer. Covenant-lite loans also generally provide fewer investor protections if certain criteria are breached.
|
||||||||||||||||
Man Active Income ETF | Cash Transactions Risk [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | Cash Transactions Risk. The Fund currently intends to typically effect creation and redemptions via cash transactions, but the Trust reserves the right to require creations and redemption be effected in whole or in part “in-kind.” To the extent creations and redemptions are effected in cash, the Fund may be less tax-efficient than an investment in an ETF that does not elect to effect all creations and redemptions principally for cash. To the extent the Fund sells Fund securities to meet some or all of a redemption request with cash, the Fund may incur taxable gains or losses that it might not have incurred had it made redemptions entirely in-kind. As a result, the Fund may pay out higher annual capital gain distributions than if the in-kind redemption process were used. Additionally, the Fund may incur additional brokerage costs related to buying and selling securities if it utilizes cash as part of a creation or redemption transaction than it would if the Fund had transacted entirely in-kind.
|
||||||||||||||||
Man Active Income ETF | Contingent Convertible Securities ("CoCos") Risk [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | Contingent Convertible Securities (“CoCos”) Risk. The Fund may invest in CoCos, which are a type of convertible security typically issued by non-U.S. banks. The performance of such bonds is dependent on a number of factors including interest rates, credit and equity performance, and the correlations between factors. As such these securities introduce significant additional risk to an investment in the Fund.
|
||||||||||||||||
Man Active Income ETF | Counterparty Risk [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | Counterparty Risk. The Fund is subject to the risk that a party or participant to a transaction, such as a broker or a derivative counterparty, will be unwilling or unable to satisfy its obligation to make timely principal, interest or settlement payments or to otherwise honor its obligations to the Fund.
|
||||||||||||||||
Man Active Income ETF | Credit Risk [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | Credit Risk. Failure of an issuer of a security to make timely interest or principal payments when due, or a decline or perception of a decline in the credit quality of the security, can cause the security’s price to fall. The lower a security’s credit rating, the greater the chance that the issuer of the security will default or fail to meet its payment obligations.
|
||||||||||||||||
Man Active Income ETF | Credit-Linked Notes Risk [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | Credit-Linked Notes Risk. Risks of credit-linked notes include those risks associated with the underlying reference obligation including, but not limited to, market risk, interest rate risk, credit risk, default risk and, in some cases, foreign currency risk. When the Fund buys a credit-linked note, it assumes the risk of default by the issuer and the underlying reference asset or entity. If the underlying investment defaults, the payments and principal received by the Fund will be reduced or eliminated. In the event the issuer defaults or there is a credit event that relates to the reference asset, the recovery rate generally is less than the Fund’s initial investment, and the Fund may lose money.
|
||||||||||||||||
Man Active Income ETF | Derivatives Risk [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | Derivatives Risk. A small investment in derivatives could have a potentially large impact on the Fund’s performance. The use of derivatives involves risks different from, or possibly greater than, the risks associated with investing directly in the underlying assets, and the Fund’s use of derivatives may result in losses to the Fund. Derivatives in which the Fund may invest can be highly volatile, illiquid and difficult to value, and there is the risk that changes in the value of a derivative held by the Fund will not correlate with the underlying assets or the Fund’s other investments in the manner intended.
|
||||||||||||||||
Man Active Income ETF | Distressed and Defaulted Securities Risk [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | Distressed and Defaulted Securities Risk. Distressed and defaulted securities are speculative and involve substantial risks in addition to the risks of investing in high yield securities. These securities may present a substantial risk of default or may be in default at the time of investment, requiring the Fund to incur additional costs.
|
||||||||||||||||
Man Active Income ETF | Emerging Markets Risk [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | Emerging Markets Risk. Emerging market securities typically present even greater exposure to the risks of foreign developed countries and may be particularly sensitive to global economic conditions. Emerging market securities are also typically less liquid than securities of developed countries and could be difficult to sell, particularly during a market downturn. Certain emerging market countries may be subject to less stringent requirements regarding accounting, auditing, financial reporting and record keeping and therefore, material information related to an investment may not be available or reliable. Certain emerging market or developing countries are among the largest debtors to commercial banks and foreign governments. The issuer or governmental authority that controls the repayment of sovereign debt may not be willing or able to repay the principal and/or pay interest when due in accordance with the terms of such obligations.
|
||||||||||||||||
Man Active Income ETF | Equity-Linked Investment Risk [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | Equity-Linked Investment Risk. Equity-linked investments are subject to the same risks as direct investments in securities of the underlying investment. If the underlying investment decreases in value, the value of the equity-linked investment will decrease; however, the performance of such investments may not correlate exactly to the performance of the underlying investments that they seek to replicate.
|
||||||||||||||||
Man Active Income ETF | Equity Securities Risk [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | Equity Securities Risk. To the extent that the Fund holds equity securities, the value of the Fund’s portfolio holdings may fluctuate in response to the risk that the prices of equity securities, including common stock, rise and fall daily. These price movements may result from factors affecting individual companies, industries or the securities market as a whole. In addition, equity markets tend to move in cycles, which may cause stock prices to fall over short or extended periods of time. Equity securities generally have greater price volatility than debt securities.
|
||||||||||||||||
Man Active Income ETF | ETF Risk [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | ETF Risk. Like other ETFs, the Fund, and any ETFs that the Fund invests in, are subject to the following risks:
Authorized Participants Concentration Risk. The Fund has a limited number of financial institutions that may act as authorized participants (i.e., large institutions that have entered into agreements with the distributor of the Fund’s shares and are authorized to transact in Creation Units (described below) with the Fund) (“Authorized Participants”). To the extent they exit the business or are otherwise unable to proceed in creation and redemption transactions with the Fund and no other Authorized Participant is able to step forward to create or redeem, shares of the Fund may be more likely to trade at a premium or discount to net asset value (“NAV”) and possibly face trading halts or delisting. This, in turn, could lead to wider spreads between the bid price (i.e., the highest price a buyer is willing to pay to purchase shares) and the ask price (i.e., the lowest price a seller is willing to accept for shares) of the Fund. Authorized Participant concentration risk may be heightened for ETFs, such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.
Secondary Market Trading Risk. Investors buying or selling shares in the secondary market will normally pay brokerage commissions, which are often a fixed amount and may be a significant proportional cost for investors buying or selling relatively small amounts of shares. In addition, secondary market investors will incur the cost of the difference between the price that an investor is willing to pay for shares (the bid price) and the price at which an investor is willing to sell shares (the ask price). This difference in bid and ask prices is often referred to as the “spread” or “bid-ask spread.” This difference in bid and ask prices is often referred to as the “spread” or “bid-ask spread.” The bid-ask spread varies over time for shares based on trading olume and market liquidity, and is generally lower if the Fund’s shares have more trading volume and market liquidity and higher if the Fund’s shares have little trading volume and market liquidity. Increased market volatility may cause increased bid-ask spreads. Although Fund shares are listed for trading on the Exchange, there can be no assurance that an active trading market for such shares will develop or be maintained or that the Fund’s shares will continue to be listed. Trading in Fund shares may be halted due to market conditions or for reasons that, in the view of the Exchange, make trading in shares inadvisable. In addition, trading in shares is subject to trading halts caused by extraordinary market volatility pursuant to Exchange “circuit breaker” rules. There can be no assurance that the requirements of the Exchange necessary to maintain the listing of any Fund will continue to be met or will remain unchanged or that the shares will trade with any volume, or at all.
|
||||||||||||||||
Man Active Income ETF | Fixed-Income Securities Risk [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | Fixed-Income Securities Risk. The market value of a fixed-income security may decline due to general market conditions that are not specifically related to a particular company, such as real or perceived adverse economic conditions, changes in the outlook for corporate earnings, changes in interest or currency rates or adverse investor sentiment generally. The fixed-income securities market can be susceptible to increases in volatility and decreases in liquidity. Liquidity can decline unpredictably in response to overall economic conditions or credit tightening. Increases in volatility and decreases in liquidity may be caused by a rise in interest rates (or the expectation of a rise in interest rates). An unexpected increase in Fund redemption requests, including requests from shareholders who may own a significant percentage of the Fund’s shares, which may be triggered by market turmoil or an increase in interest rates, could cause the Fund to sell its holdings at a loss or at undesirable prices and adversely affect the Fund’s share price and increase the Fund’s liquidity risk, fund expenses and/or taxable distributions. Central Banks’ policy in response to market conditions, including with respect to interest rates, may adversely affect the value, volatility and liquidity of dividend and interest paying securities. Policy and legislative changes worldwide are affecting many aspects of financial regulation. The impact of these changes on the markets and the practical implications for market participants may not be fully known for some time.
|
||||||||||||||||
Man Active Income ETF | Foreign Currency Risk [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | Foreign Currency Risk. Investments in foreign currencies are subject to the risk that those currencies will decline in value relative to the U.S. dollar or, in the case of hedged positions, that the U.S. dollar will decline relative to the currency being hedged. Foreign currencies, particularly the currencies of emerging market countries, are also subject to risks caused by inflation, interest rates, budget deficits and low savings rates, political factors and government intervention and controls.
|
||||||||||||||||
Man Active Income ETF | Foreign Investment Risk [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | Foreign Investment Risk. Investments in foreign markets entail special risks, such as currency, political (including geopolitical), economic and market risks, and heightened risks, that may result in losses to the Fund. There also may be greater market volatility, less reliable financial information, less stringent investor protections and disclosure standards, higher transaction and custody costs and risks, decreased market liquidity and less government and exchange regulation associated with investments in foreign markets. Investing in foreign government obligations, debt obligations of supranational entities and the sovereign debt of foreign countries, including emerging market countries, creates exposure to the direct or indirect consequences of political, social or economic changes in the countries that issue the securities or in which the issuers are located. A governmental obligor may default on its obligations. Some sovereign obligors have been among the world’s largest debtors to commercial banks, other governments, international financial organizations and other financial institutions. These obligors, in the past, have experienced substantial difficulties in servicing their external debt obligations, which led to defaults on certain obligations and the restructuring of certain indebtedness.
|
||||||||||||||||
Man Active Income ETF | Government and Agency Securities Risk [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | Government and Agency Securities Risk. U.S. government and agency securities (such as securities issued by Government National Mortgage Association (“Ginnie Mae”), Federal National Mortgage Association (“Fannie Mae”) or Federal Home Loan Mortgage Corporation (“Freddie Mac”)) are subject to market risk, interest rate risk and credit risk. Securities, such as those issued or guaranteed by the U.S. Treasury or Ginnie Mae, that are backed by the full-faith-and- credit of the United States, are guaranteed only as to the timely payment of interest and principal when held to maturity, but the market prices for such securities are not guaranteed and will fluctuate.
|
||||||||||||||||
Man Active Income ETF | High Yield Securities Risk [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | High Yield Securities Risk. High yield securities and unrated securities of similar credit quality (commonly known as “junk bonds”) are considered speculative and have a much greater risk of default or of not returning principal and their values tend to be more volatile than higher-rated securities with similar maturities.
|
||||||||||||||||
Man Active Income ETF | Hybrid Securities Risk [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | Hybrid Securities Risk. Convertible and other hybrid securities (including preferred and convertible instruments) generally possess certain characteristics of both equity and debt securities. In addition to risks associated with investing in income securities, such as interest rate and credit risks, hybrid securities may be subject to issuer-specific and market risks generally applicable to equity securities. Convertible securities may also react to changes in the value of the common stock into which they convert and are thus subject to equity investing and market risks. A convertible security may be converted at an inopportune time, which may decrease the Fund’s return.
|
||||||||||||||||
Man Active Income ETF | Interest Rate Risk [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | Interest Rate Risk. Prices of bonds and other fixed rate fixed-income securities tend to move inversely with changes in interest rates. Typically, a rise in rates will adversely affect fixed-income securities and, accordingly, will cause the value of the Fund’s investments in these securities to decline. A wide variety of market factors can cause interest rates to rise, including central bank monetary policy, rising inflation and changes in general economic conditions. When interest rates fall, the Fund’s investments in new securities may be at lower yields and may reduce the Fund’s income. Changing interest rates may have unpredictable effects on markets, may result in heightened market volatility and may detract from fund performance. The magnitude of these fluctuations in the market price of fixed-income securities is generally greater for securities with longer effective maturities and durations because such instruments do not mature, reset interest rates or become callable for longer periods of time. Unlike investment grade bonds, however, the prices of high yield (“junk”) bonds may fluctuate unpredictably and not necessarily inversely with changes in interest rates.
|
||||||||||||||||
Man Active Income ETF | Large Shareholder Risk [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | Large Shareholder Risk. A significant percentage of the Fund’s shares may be owned or controlled by the Adviser and its affiliates, or one or more other large shareholders. Accordingly, the Fund is subject to the potential for large-scale inflows and outflows as a result of purchases and redemptions of its shares by such shareholders. These inflows and outflows could negatively affect the Fund’s net asset value and performance.
|
||||||||||||||||
Man Active Income ETF | Leverage Risk [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | Leverage Risk. Certain Fund transactions, for example, in their use of derivative instruments may have the effects of leverage. Leverage can result from exposure to an asset, index, rate, or underlying reference instrument. Leverage can increase both the risk and return potential of the Fund. The use of leverage may cause the Fund to maintain liquid assets or liquidate portfolio positions when it may not be advantageous to do so to satisfy its obligations. The loss on leveraged investments may substantially exceed the initial investment.
|
||||||||||||||||
Man Active Income ETF | Liquidity Risk [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | Liquidity Risk. When there is little or no active trading market for specific types of securities, it can become more difficult to sell the securities in a timely manner at or near their perceived value. In such a market, the value of such securities and the Fund’s share price may fall dramatically. The market for below investment grade securities may be less liquid and therefore these securities may be harder to value or sell at an acceptable price, especially during times of market volatility or decline. Investments in foreign securities, particularly those of issuers located in emerging markets, tend to have greater exposure to liquidity risk than domestic securities.
|
||||||||||||||||
Man Active Income ETF | Management Risk [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | Management Risk. Investment decisions, techniques, analyses or models implemented by the Fund’s Adviser or Sub-Adviser in seeking to achieve the Fund’s investment objective may not produce expected returns, may cause the Fund’s shares to lose value or may cause the Fund to underperform other funds with similar investment objectives.
|
||||||||||||||||
Man Active Income ETF | Market Risk [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | Market Risk. The values of, and/or the income generated by, securities held by the Fund may decline due to general market conditions or other factors, including those directly involving the issuers of such securities. Securities markets are volatile and may decline significantly in response to adverse issuer, regulatory, political, or economic developments. Different sectors of the market and different security types may react differently to such developments.
|
||||||||||||||||
Man Active Income ETF | Mortgage- and Asset-Backed Securities Risk [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | Mortgage- and Asset-Backed Securities Risk. Mortgage- and asset-backed securities may decline in value and become less liquid when defaults on the underlying mortgages or assets occur and may exhibit additional volatility in periods of rising interest rates. Rising interest rates tend to extend the duration of these securities, making them more sensitive to changes in interest rates than instruments with fixed payment schedules. When interest rates decline or are low, the prepayment of mortgages or assets underlying such securities can reduce a Fund’s returns.
|
||||||||||||||||
Man Active Income ETF | New Fund Risk [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | New Fund Risk. The Fund is a new fund, with a limited or no operating history and a small asset base. There can be no assurance that the Fund will grow to or maintain a viable size. Due to the Fund’s small asset base, certain of the Fund’s expenses and its portfolio transaction costs may be higher than those of a fund with a larger asset base. To the extent that the Fund does not grow to or maintain a viable size, it may be liquidated, and the expenses, timing and tax consequences of such liquidation may not be favorable to some shareholders.
|
||||||||||||||||
Man Active Income ETF | Non-Diversification Risk [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | Non-Diversification Risk. The Fund is non-diversified, which means that it may invest a greater percentage of its assets than a diversified mutual fund in the securities of a limited number of issuers. The use of a non-diversified investment strategy may increase the volatility of the Fund’s investment performance, as the Fund may be more susceptible to risks associated with a single economic, political or regulatory event.
|
||||||||||||||||
Man Active Income ETF | Other Investment Company Risk [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | Other Investment Company Risk. Investments in other investment companies (including money market funds) are subject to market and selection risk. In addition, if the Fund acquires shares of investment companies, shareholders bear both their proportionate share of expenses in the Fund and, indirectly, the expenses of the investment companies.
|
||||||||||||||||
Man Active Income ETF | Securitization Risk [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | Securitization Risk. The Fund will invest in securitized debt instruments which are bonds that are backed by pools of individual loans. The risks associated with securitized instruments are those associated with the underlying loan assets, including credit and interest rate risk, as well as prepayment and liquidity risks.
|
||||||||||||||||
Man Active Income ETF | Sovereign Debt Risk [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | Sovereign Debt Risk. Investments in debt instruments issued by sovereign entities may decline in value as a result of default or other adverse credit event resulting from an issuer’s inability or unwillingness to make principal or interest payments in a timely fashion.
|
||||||||||||||||
Man Active Income ETF | Tax Risk [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | Tax Risk. In order to qualify for the favorable tax treatment available to regulated investment companies, the Fund must satisfy certain income, asset diversification and distribution requirements each year. If the Fund were to fail the favorable tax treatment requirements, it would be taxed in the same manner as an ordinary corporation, which would adversely affect its performance.
|
||||||||||||||||
Man Active Income ETF | Variable and Floating Rate Instrument Risk [Member] | |||||||||||||||||
Prospectus [Line Items] | |||||||||||||||||
Risk [Text Block] | Variable and Floating Rate Instrument Risk. During periods of rising interest rates, because changes in interest rates on adjustable-rate securities may lag behind changes in market rates, the value of such securities may decline until their interest rates reset to market rates. During periods of declining interest rates, because the interest rates on adjustable-rate securities generally reset downward, their market value is unlikely to rise to the same extent as the value of comparable fixed rate securities.
|