Brandywine Global Opportunistic Fixed Income Fund Class I
About this Fund
Fund Detail
PDS | |
FUND MANAGER | Brandywine Global IM LLC |
ASX Code | |
APIR | SSB0028AU |
ASSET CLASS | FIXED INTEREST |
INVESTMENT STYLE | Unconstrained, high conviction global fixed income strategy with a go anywhere' opportunistic style. |
INVESTMENT PROFILE | The Fund aims to earn a return before fees and taxes in excess of the Benchmark over rolling five-year periods. |
CURRENCY MANAGEMENT | Active management |
INCEPTION DATE | 31-03-2011 |
BENCHMARK | FTSE World Government Bond Index (AUD) |
FUND SIZE | FTSE World Government Bond Index (AUD) |
DISTRIBUTION FREQUENCY | Half-yearly |
NO. OF HOLDINGS | Around 50 |
FEES | 0.26% p.a. of the NAV of the Fund |
STRUCTURE |
Benefits
Benefits | Benefits of investing in the Brandywine Global Opportunistic Fixed Income Fund Class IThe Fund offers a number of significant benefits:
Risk levelMedium to High Investor suitabilityThe Fund should be suitable mainly for investors seeking an investment in Global Fixed Income securities with long-term financial goals. |
RISK LEVEL | |
INVESTOR SUITABILITY |
Risks
Title | |
Detail |
Key Features
About the Fund
Significant featuresThe 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 the next most important measure because the real yield must be captured in the investor's local currency. Brandywine Global also focuses on identifying undervalued currencies as well as overvalued currencies that can be hedged. Inflation trends, political risks, monetary trends, business cycles and liquidity measures are also considered. |
Mandate
How we invest your moneyThe Fund generally aims to invest in countries that are included in the Benchmark however up to 40% of the Fund can be invested in countries outside the Benchmark. The Fund generally aims to hold investments such that:
The Fund, through the use of derivatives, may hold short positions in individual currencies. All such derivative exposures are fully supported by cash, cash equivalents or securities. The Fund will not invest in securities issued by companies involved in:
The Fund may also use certain derivatives to implement investment decisions, to manage cash flows or to facilitate timely exposure to securities. The Fund does not intend to borrow. |