InvestSMART
  1. Home
  2. Research & Advice
  3. Research Tools
  4. Managed Funds
  5. Western Asset Global Bond B - Managed fund profile

Western Asset Global Bond B - Managed Fund

Fund Objective
The Fund aims to outperform the Bloomberg Barclays Global Aggregate Index (hedged into Australian dollars) (Benchmark) over rolling three-five year periods.
Fund Strategy
The investment process applies an active, team-managed strategy that employs a long term, value-oriented approach to identify inefficiencies and subsequent mispricing opportunities in the global fixed income market. The Fund seeks to add value through duration management, yield curve selection, sector allocation, issue selection, country and currency allocation. Portfolio risk is controlled through market and sector diversification, position limits, duration guidelines and active hedging of currency exposures.

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}
Peers
Benchmark ({{ fund.benchmark.name }})
{{ fund.model.name }}
The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.
grow your money
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns.
Free Fees Report
investing
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers.
Free investor guide
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns. Free Fees Report
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers. Free investor guide

Fees Comparison

{{ fund.mer | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% p.a.
Average of peers ({{ fund.benchmark.peers.peerCount }})
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.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 0.63% 1.53% 1.87% 2.36% 3.92% 2.14% -0.88% -%
Growth return 0.63% -3.88% -3.68% -3.98% 0.65% -0.01% -3.33% -%
Income return 0% 5.41% 5.55% 6.34% 3.27% 2.15% 2.45% -%
Market index (Bloomberg Global Aggregate TR Hdg AUD)
Total return 0.49% 1.25% 1.39% 2.84% 4.39% 2.5% -0.63% 1.95%
As at 31 Aug 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Western Asset Global Bond B
Cash
5.97%
Fixed Interest
94.03%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Alternatives
0%
Average Allocation of Peers
Cash
5.43%
Fixed Interest
92.34%
Australian Equities
0.06%
International Equities
0.01%
Property & Infrastructure
0%
Alternatives
2.17%

General Information

Fund Details
Type Description
Western Asset Global Bond B
SSB3825AU
Bonds - Global
starstarstar (as at 31 Aug 2025)
Investment Fund
31 Jan 2019
$24.09 million (as at 11 Sep 2025)
$0.89 (as at 11 Sep 2025)
$0.8892 (as at 11 Sep 2025)
Open
Offer information
Type Description
MER 0.38% (as at 30 Oct 2023)
Indirect Cost Ratio (ICR) 0.38% (as at 30 Jun 2024)
Performance fee (not included in ICR) Not Available
Minimum initial investment $20,000,000

Top 10 holdings (as at 31 Jul 2025)

Holding (as at 31 Jul 2025) Type % of Portfolio
Japan (Government Of) 0.6% Bond - Gov't/Treasury 3.49%
Login now to view the complete list of holdings.

FAQs about the Western Asset Global Bond B

The objective of the Western Asset Global Bond B managed fund is The Fund aims to outperform the Bloomberg Barclays Global Aggregate Index (hedged into Australian dollars) (Benchmark) over rolling three-five year periods.

The strategy of the Western Asset Global Bond B managed fund is The investment process applies an active, team-managed strategy that employs a long term, value-oriented approach to identify inefficiencies and subsequent mispricing opportunities in the global fixed income market. The Fund seeks to add value through duration management, yield curve selection, sector allocation, issue selection, country and currency allocation. Portfolio risk is controlled through market and sector diversification, position limits, duration guidelines and active hedging of currency exposures.

The APIR code of the Western Asset Global Bond B managed fund is SSB3825AU.

Western Asset Global Bond B’s total return last month was 0.63%. This was made up of a growth return of 0.63% and an income return of 0%. These returns were calculated as at 31 Aug 2025.

Western Asset Global Bond B’s total return for the last three months was 1.53%. This was made up of a growth return of -3.88% and an income return of 5.41%%. These returns were calculated as at 31 Aug 2025.

Western Asset Global Bond B’s one-year total return is 2.36%. This was made up of a growth return of -3.98% and an income return of 6.34%. These returns were calculated as at 31 Aug 2025.

Western Asset Global Bond B’s one-year total return is 2.14%. This was made up of a growth return of -0.01% and an income return of 2.15%. These returns were calculated as at 31 Aug 2025.

The asset allocation of the Western Asset Global Bond B managed fund is :

Cash
5.97%
Fixed Interest
94.03%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Alternatives
0%

The Western Asset Global Bond B managed fund belongs to the Bonds - Global sector/asset class.

As at 11 Sep 2025, the size of the Western Asset Global Bond B managed fund was $24.09 million.

The Western Asset Global Bond B managed fund has an inception date of 31 Jan 2019.

The current entry price of the Western Asset Global Bond B managed fund is $0.89 per unit and the current exit price is $0.8892 per unit (as at 11 Sep 2025).

The current exit price of the Western Asset Global Bond B managed fund is $0.8892 per unit and the current entry price is $0.89 per unit (as at 11 Sep 2025).

The minimum initial investment amount for the Western Asset Global Bond B managed fund is $20,000,000.

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.