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LM Brandywine Glb Opp Fixed Inc Fd P Dis (M) (AH)£

Ranked 8 out of 120 in - Global over 12 months
All calculations are in GBP

Managed by

David F. Hoffman

David Hoffman started his career in 1979 at INA Capital Management. He then spent time working at Columbus Circle Investors and Hoffman Capital between 1983 and 1995 before joining Legg Mason in 1995. He is currently a managing director and lead portfolio manager on the Legg Mason Brandywine Global Fixed Income Fund. David is a CFA Charterholder.

Jack P. McIntyre

Originally from Jeffersonville, Indiana, Jack McIntyre graduated from the University of Massachusetts, the New York University and Stern Graduate Business School and holds an MBA in Finance and International Business. Also a CFA Charterholder, he currently manages global long-only and absolute return bond funds at Legg Mason. Based in Philadelphia, outside of work Jack enjoys golf and shooting.

Stephen Smith

Stephen Smith is an economics and business graduate of Xavier University in the US city of Cincinnati. He began his career at First Pennsylvania Bank, where he was vice president and fixed income portfolio manager. Prior to joining Provident Capital Management in 1984, Stephen founded Munsch and Smith Management. At Provident, he served as senior vice president overseeing taxable fixed income, similar to a role he subsequently held at Mitchell Hutchins. In 1991, Stephen joined Brandywine as managing director and portfolio manager. Here, he adopts an active, top-down, value investment style over his range of global bond funds. Stephen uses real yield and currencies as the firm’s primary measures of value. Other factors he takes into account include macroeconomic trends and political risks, and both cash and derivatives are used for efficient portfolio management.

Objective

The Fund seeks to maximise total return, consisting of capital appreciation and income, by investing at least two-thirds of its Net Asset Value in debt securities that are listed or traded anywhere in the world, including Emerging Market Countries. At least 65% of the Fund's Net Asset Value will be invested in debt securities with an Investment Grade credit quality rating. The manager follows a value approach to investing and will concentrate investments in undervalued markets that the manager believes will provide the best opportunity for declining interest rates and a return to lower real rates over time.

Performance

Global over : 31/07/2014 - 31/07/2015
  • Rank 8/120 Total Return
  • Rank 81/120 Standard Deviation
  • Rank 74/120 Max Drawdown
Fund Name Return
6 BlackRock Fixed Income Global Opportunities A Inc

6.7%

7 Ruffer Sicav-Ruffer Fixed Income-C-GBP-Dist

6.5%

8 LM Brandywine Glb Opp Fixed Inc Fd P Dis (M) (AH)£

Currency exposure is hedged

Currency exposure is hedged

6.4%

9 LM Brandywine Glo Fxd Inc Fd A Dis (S) (AH)£

Currency exposure is hedged

Currency exposure is hedged

5.8%

10 Amundi Fds Bond Global Aggregate - RHG (C)

Currency exposure is hedged

Currency exposure is hedged

5.3%

Fund Name Risk
79 GAM Star Dynamic Global Bond GBP Acc

1.8

80 Liontrust GF Glo Strat Bond - Dist (C1 Hgd - GBP)

Currency exposure is hedged

Currency exposure is hedged

1.8

81 LM Brandywine Glb Opp Fixed Inc Fd P Dis (M) (AH)£

Currency exposure is hedged

Currency exposure is hedged

1.9

82 Thesis PM A Acc

1.9

83 Marlborough Global Bond Inc

1.9

Fund Name Loss
72 Aberdeen Global High Yield Bond Fund A Acc

Currency exposure is hedged

Currency exposure is hedged

-4.4%

73 Invesco Perpetual Global Bond Inc

-4.8%

74 F&C Global Bond 1 Inc

-4.8%

74 LM Brandywine Glb Opp Fixed Inc Fd P Dis (M) (AH)£

Currency exposure is hedged

Currency exposure is hedged

-4.8%

76 Old Mutual Global Strategic Bond GBP R Hgd Inc

Currency exposure is hedged

Currency exposure is hedged

-4.9%

Total Return

Quarterly Performance

to 30/06/2015 Annual Q1 Q2 Q3 Q4
2015 4.1% -4.4%
2014 15.4% 3.4% 3.7% 3.4% 4.1%
2013 0.0% 3.3% -2.2% -1.8% 0.8%
2012 3.5% 5.5%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Belgium
  3. Finland
  4. Germany
  5. Ireland
  6. Italy
  7. Luxembourg
  8. Netherlands
  9. Norway
  10. Singapore
  11. Sweden
  12. Switzerland
  13. Taiwan
  14. United Kingdom

Fund Info

  • Launch date26/04/2012
  • Share Class size00Mn
  • Base currencyGBP
  • ISIN IE00B3TGMB49
  • Currency exposure is hedged

Purchase Info

  • Min. initial investment15Mn
  • Min. additional investment0

Charges

  • Annual management0.6%
  • Initial investment0

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