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Legg Mason WA Glo Credit Ab Ret A Dis M Hdg GBP

Ranked 8 out of 35 in - Bond Strategies over 12 months
All calculations are in GBP

Objective

The Fund seeks to maximise absolute return, consisting of capital appreciation and income, by investing at least 70% of its Net Asset Value in a combination of Investment Grade and high yield bonds that are listed or traded anywhere in the world. The manager expects the weighted average duration of the Fund's investment to range between -10 and +10 years, depending on the managers' forecast for interest rates and yields. The market risk of the Fund will be measured using the value-at-risk (“VaR”) methodology, which will not exceed 20 per cent of the Fund's Net Asset Value.

Performance

Bond Strategies over : 31/07/2013 - 31/07/2014
  • Rank 8/35 Total Return
  • Rank 13/35 Standard Deviation
  • Rank 5/35 Max Drawdown
Fund Name Return
6 Insight - Absolute Insight EM Mkt Debt S GBP

5.6%

7 Threadneedle Credit Opportunities Hgd Ret Acc GBP

4.5%

8 Legg Mason WA Glo Credit Ab Ret A Dis M Hdg GBP

Currency exposure is hedged

Currency exposure is hedged

4.4%

9 Ignis Absolute Ret Gov Bond GBP I2 Acc

4.3%

10 PIMCO Credit Absolute Return Inst GBP Hdg Acc

Currency exposure is hedged

Currency exposure is hedged

4.1%

Fund Name Risk
11 Alliance Trust Dynamic Bond B Net Acc

0.3

12 Julius Baer BF Absolute Return Defender-GBP A

Currency exposure is hedged

Currency exposure is hedged

0.4

13 Legg Mason WA Glo Credit Ab Ret A Dis M Hdg GBP

Currency exposure is hedged

Currency exposure is hedged

0.4

14 BSF European Credit Strategies H2RF GBP

0.5

15 Insight - Absolute Insight Credit B1p Sterling

0.5

15 PIMCO Select Unconstrained Bond Ret GBP Acc

0.5

15 PIMCO Credit Absolute Return Inst GBP Hdg Acc

Currency exposure is hedged

Currency exposure is hedged

0.5

15 SWIP Absolute Return Bond B Acc Gross

0.5

Fund Name Loss
5 Legg Mason WA Glo Credit Ab Ret A Dis M Hdg GBP

Currency exposure is hedged

Currency exposure is hedged

-0.1%

6 JPM Income Opportunity A Dis GBP Hdg

Currency exposure is hedged

Currency exposure is hedged

-0.2%

7 Henderson Credit Alpha I Gross Acc

-0.3%

Total Return

Quarterly Performance

to 31/07/2014 Annual Q1 Q2 Q3 Q4
2014 2.1% 1.8% 0.1% 0.2%
2013 2.4% 2.4% -2.7% 1.0% 1.7%
2012 3.4% 0.6% 2.0% -0.1% 0.9%
2011 -1.0% 1.0% -0.1% -3.6% 1.8%
2010 1.0% 0.2% 1.7% -0.8%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Belgium
  3. France
  4. Germany
  5. Ireland
  6. Italy
  7. Luxembourg
  8. Netherlands
  9. Singapore
  10. Switzerland
  11. United Kingdom

Fund Info

  • Launch date20/05/2010
  • Share Class size00Mn
  • Base currencyGBP
  • ISIN IE00B3S99D51
  • Currency exposure is hedged

Purchase Info

  • Min. initial investment1,000
  • Min. additional investment500

Charges

  • Annual management1.0%

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in GBP).