Legg Mason Brandywine Global Fixed Income Fund

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About the Fund

Investment Aim

The Fund seeks to maximise total return through capital appreciation and income by investing at least two-thirds of its Total Asset Value in investment grade debt securities denominated in the currencies of, or issuers located primarily in developed countries around the world. The Sub-Investment Manager will concentrate investments in undervalued markets that provide the best opportunity for declining interest rates and a return to lower real rates over time.

Performance Benchmark

Citigroup World Government Bond Index
 
  • Invests primarily in high yielding global government bonds.
  • Highly experienced investment team.

  • Standard & Poor's fund management rating: Gold
 
 
 

About the Investment Strategy

  • The investment strategy reflects the manager's conviction that countries with high real interest rates and stable or appreciating currencies are the best indicators of value across global fixed income markets.
  • The manager therefore seeks bonds with the highest real yields, with risk controlled by purchasing undervalued securities and managing currency to protect and increase returns.
  • Investments are typically concentrated in a focused number countries that appear to offer the best total return potential.
  • Significant investments are made in targeted positions and benchmark hugging is avoided.

About the Investment Team

Brandywine Global Investment Management has been managing fixed income since 1992 and its fixed income team brings together decades of experience in the asset class.

General Fund Literature

Main Fact Sheet
Fact Sheet - EUR Hedged
Fact Sheet - GBP Hedged
Fact Sheet - SGD Hedged
Quarterly Commentary
Annual Report
Semi-Annual Report
Full Prospectus
Simplified Prospectus
Prospectus Supplement
Initial Application Form
Subsequent Subscription Form
Redemption Form
 
 
Risk Factors: Fluctuations in exchange rates can affect the value of the Fund and the income from it. Please refer to the Simplified Prospectus and Prospectus documentation for Legg Mason Global Funds plc, which describe the full risk factors associated with this Fund.