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  5. Legg Mason Brandywine Global Fixed Income A - Managed fund profile

Legg Mason Brandywine Global Fixed Income A - Managed Fund (Closed)

Fund Objective
The Fund aims to earn a return before fees and taxes in excess of the FTSE World Government Bond Index hedged into Australian dollars over rolling five-year periods.
Fund Strategy
The Fund is an actively managed portfolio of sovereign bonds, investment grade corporate bonds, mortgage securities, currencies and other similar securities. The Fund can also invest in emerging market and high yield debt. The investment process of the Fund is based on a 'top down value driven' approach. Real yield is the primary measure of value. Currency valuation is also important in capturing the local currency real yield. The Fund also focuses on identifying undervalued currencies as well as overvalued currencies that can be hedged.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 3.09% -0.34% -0.55% 1.75% 2.57% 2.53% 2.21% 6.5%
Growth return 3.09% -0.34% -4.95% -4.34% -4.36% -5.04% -4.09% -1.38%
Income return 0% 0% 4.4% 6.09% 6.93% 7.57% 6.3% 7.88%
Market index (Bloomberg Global Aggregate TR Hdg AUD)
Total return -1.7% -1.7% 4.18% 0.38% -0.96% -3.01% -0.47% 2.06%
As at 31 May 2020. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Legg Mason Brandywine Global Fixed Income A
Cash
10.08%
Fixed Interest
89.92%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%
Average Allocation of Peers
Cash
9.13%
Fixed Interest
89.89%
Australian Equities
0.38%
International Equities
0.11%
Property
0.02%
Alternatives
0.46%

General Information

Fund Details
Type Description
Legg Mason Brandywine Global Fixed Income A (Wholesale)
Closed
Legg Mason Asset Management Ltd (AU)
SSB0013AU
Bonds - Global
starstarstar (as at 31 May 2020)
Investment Fund
22 May 2007
$147.05 million (as at 30 Jun 2020)
$1.04 (as at 4 Jun 2020)
$1.03834 (as at 4 Jun 2020)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 0.70% (as at 4 Jun 2020)
Minimum initial investment $30,000
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 31 May 2020)

Holding (as at 31 May 2020) Type % of Portfolio
Euro Btp Futures Expiring 08/06/2020 Bond - Treasury Future 9.25%
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FAQs about the Legg Mason Brandywine Global Fixed Income A

The objective of the Legg Mason Brandywine Global Fixed Income A managed fund is The Fund aims to earn a return before fees and taxes in excess of the FTSE World Government Bond Index hedged into Australian dollars over rolling five-year periods.

The strategy of the Legg Mason Brandywine Global Fixed Income A managed fund is The Fund is an actively managed portfolio of sovereign bonds, investment grade corporate bonds, mortgage securities, currencies and other similar securities. The Fund can also invest in emerging market and high yield debt. The investment process of the Fund is based on a 'top down value driven' approach. Real yield is the primary measure of value. Currency valuation is also important in capturing the local currency real yield. The Fund also focuses on identifying undervalued currencies as well as overvalued currencies that can be hedged.

The APIR code of the Legg Mason Brandywine Global Fixed Income A managed fund is SSB0013AU.

Legg Mason Brandywine Global Fixed Income A’s total return last month was 3.09%. This was made up of a growth return of 3.09% and an income return of 0%. These returns were calculated as at 31 May 2020.

Legg Mason Brandywine Global Fixed Income A’s total return for the last three months was -0.34%. This was made up of a growth return of -0.34% and an income return of 0%%. These returns were calculated as at 31 May 2020.

Legg Mason Brandywine Global Fixed Income A’s one-year total return is 1.75%. This was made up of a growth return of -4.34% and an income return of 6.09%. These returns were calculated as at 31 May 2020.

Legg Mason Brandywine Global Fixed Income A’s one-year total return is 2.53%. This was made up of a growth return of -5.04% and an income return of 7.57%. These returns were calculated as at 31 May 2020.

The asset allocation of the Legg Mason Brandywine Global Fixed Income A managed fund is :

Cash
10.08%
Fixed Interest
89.92%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%

The Responsible Entity for the Legg Mason Brandywine Global Fixed Income A managed fund is Legg Mason Asset Management Ltd (AU).

The Legg Mason Brandywine Global Fixed Income A managed fund belongs to the Bonds - Global sector/asset class.

As at 30 Jun 2020, the size of the Legg Mason Brandywine Global Fixed Income A managed fund was $147.05 million.

The Legg Mason Brandywine Global Fixed Income A managed fund has an inception date of 22 May 2007.

The current entry price of the Legg Mason Brandywine Global Fixed Income A managed fund is $1.04 per unit and the current exit price is $1.03834 per unit (as at 4 Jun 2020).

The current exit price of the Legg Mason Brandywine Global Fixed Income A managed fund is $1.03834 per unit and the current entry price is $1.04 per unit (as at 4 Jun 2020).

The minimum initial investment amount for the Legg Mason Brandywine Global Fixed Income A managed fund is $30,000. Minimum additional investment is $0.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.