Fact sheet: LM BW GblIncOptmsr

Fund information
Fund name
Legg Mason Brandywine Global Income Optimiser C Inc USD
Fund manager company
Legg Mason Global Funds Plc
Fund type
OEIC
Fund manager
  • Brandywine Global Investment Managementsince 02/06/2013
Fund objective
The Fund seeks to maximise income yield in all market conditions while preserving capital by investing in investment grade and high-yielding debt securities and financial derivative instruments.
Benchmark
  • No Specified Index
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
9.4%
1 Year rank in sector
20/295
Sector
FO Fixed Int - Global
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
2.08%
Fund size
£75m (£79m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
89
Top in this sector
Fund name1 Year
Capital Group GHIOL35.6%
Dodge & Cox Global Bond27.3%
HSBC GIF Gbl AsBk Bd24.3%
SKAGEN Tellus23.4%
Russell Gbl Bd23.4%
...more in FO Fixed Int - Global

Performance snapshot

Holdings snapshot

  • USA62.2%
    Money Market12.4%
    Luxembourg4.5%
    UK3.7%
    Netherlands3.6%
  • Corporate Bonds56.2%
    Government Bonds28.3%
    Money Market10.6%
    Asset/Mortgage-Backed Securities2.2%
    Banks1.6%
  • US Fixed Interest62.2%
    Money Market12.4%
    UK Fixed Interest4.9%
    Luxembourg Fixed Interest4.5%
    American Emerging Fixed Interest4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.9%-1.5%2.7%9.4%--
Sector-1.6%-2.1%0.7%3.5%6.2%13.7%
Rank within sector118 / 315129 / 31265 / 30620 / 295--
Quartile2nd2nd1st1st
Calendar performance
 YTD - 20162015201420132012
Fund10%----
Sector4.2%-1.6%3.7%-1.6%8.2%
Rank within sector24 / 298----
Quartile1st
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
-
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
-
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
-
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
-
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
-
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
-
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
-
Price movement
52 week high103.25
52 week low92.56
Current bid price-
Current offer price-
Current mid price100.46
Region
1USA62.2%
2Money Market12.43%
3Luxembourg4.45%
4UK3.65%
5Netherlands3.64%
6Brazil2.88%
7Austria2.71%
8Jamaica2.37%
9Ireland1.73%
Industry sector
1Corporate Bonds56.15%
2Government Bonds28.27%
3Money Market10.61%
4Asset/Mortgage-Backed Securities2.18%
5Banks1.57%
6Foreign Exchange1.04%
7Derivatives0.18%
Asset type
1US Fixed Interest62.2%
2Money Market12.43%
3UK Fixed Interest4.87%
4Luxembourg Fixed Interest4.45%
5American Emerging Fixed Interest4.01%
6Dutch Fixed Interest3.64%
7Brazilian Fixed Interest2.88%
8Austrian Fixed Interest2.71%
9Irish Fixed Interest1.73%
Individual holdings
1UNITED STATES OF AMER TREAS BILLS 0% TB 06/10/16 USD1005.37%
2TREASURY 3.5% GILT 22/01/45 GBP0.014.98%
3UNITED STATES OF AMER TREAS BONDS 0% BDS 13/10/16 USD1004.04%
4INDONESIA(REPUBLIC OF) 6.625% BDS 17/02/37 USD1000003.94%
5BRAZIL(FEDERATIVE REPUBLIC OF) VAR TB 01/01/27 BRL10002.82%
6SPRINT CORP 7.25% BDS 15/09/21 USD20002.74%
7DIGICEL LIMITED 8.25% BDS 30/09/20 USD1000 144A2.44%
8WIND ACQUISITION FINANCE SA 7.125% BDS 23/04/21 USD200000 144A2.19%
9TELECOM ITALIA CAPITAL 6.375% BDS 15/11/33 USD10002.1%
Management
Fund manager group
Legg Mason
Fund manager company
Legg Mason Global Funds Plc
Fund type
OEIC
Fund objective
The Fund seeks to maximise income yield in all market conditions while preserving capital by investing in investment grade and high-yielding debt securities and financial derivative instruments.
Benchmark
  • No Specified Index
Investment style
None
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Brandywine Global Investment Management02/06/2013Brandywine Global Investment Management was established in 1986. Their global fixed income team focuses on “classic” value investing, bringing together three decades of experience. Their investment philosophy is driven from their research, which highlights countries with high real interest rates and stable or appreciating currencies as the best indicators of value.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Greece, Ireland, Italy, Luxembourg, Malta, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden
Legg Mason Brandywine Global Income Optimiser A (M) (Hedged) Plus Dis GBP
Initial charge5%
Annual charge1.25%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.54%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price95.7
CurrencyGBP
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeJTXQ
Legg Mason Brandywine Global Income Optimiser A (M) (Hedged) Plus Dis SGD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.54%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.034
CurrencySGD
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMUCV
Legg Mason Brandywine Global Income Optimiser A Acc USD
Initial charge5%
Annual charge1.25%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.54%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price114.02
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJOMD
Legg Mason Brandywine Global Income Optimiser A Hedged Acc EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.55%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price98.05
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNDRF
Legg Mason Brandywine Global Income Optimiser A Hedged Dis EUR
Initial charge5%
Annual charge1.25%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.55%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.55
CurrencyEUR
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMD5W
Legg Mason Brandywine Global Income Optimiser A(M) Plus Dis USD
Initial charge5%
Annual charge1.25%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.54%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price95.9
CurrencyUSD
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeJE0H
Legg Mason Brandywine Global Income Optimiser A(M)Plus Hedged Dis EUR
Initial charge5%
Annual charge1.25%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.55%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price94.22
CurrencyEUR
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeJTMD
Legg Mason Brandywine Global Income Optimiser C Inc USD
Initial charge-
Annual charge1.75%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)2.08%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.46
CurrencyUSD
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM4EC
Legg Mason Brandywine Global Income Optimiser E USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.15%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100
CurrencyUSD
Price updated11/11/2014
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKYTI
Legg Mason Brandywine Global Income Optimiser Premier (M) Plus (e) Hedged Dis GBP
Initial charge-
Annual charge0.65%
Min single investment£15,000,000
Min regular saving£2,500,000
Available in ISANo
Ongoing charge (OCF)0.79%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price97.34
CurrencyGBP
Price updated08/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeKWYR
Legg Mason Brandywine Global Income Optimiser Premier (M) Plus Dis USD
Initial charge-
Annual charge0.65%
Min single investment£30,000,000
Min regular saving£5,000,000
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price98.36
CurrencyUSD
Price updated08/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeJE0J
Legg Mason Brandywine Global Income Optimiser Premier (Monthly) Plus (E) Hedged Dis EUR
Initial charge-
Annual charge0.65%
Min single investment£30,000,000
Min regular saving£5,000,000
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price96.41
CurrencyEUR
Price updated08/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeJZNZ
Legg Mason Brandywine Global Income Optimiser Premier Hedged Acc EUR
Initial charge-
Annual charge0.65%
Min single investment£30,000,000
Min regular saving£5,000,000
Available in ISANo
Ongoing charge (OCF)0.79%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price104.82
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKV9G
Legg Mason Brandywine Global Income Optimiser Premier Hedged Acc SEK
Initial charge-
Annual charge0.65%
Min single investment£195,000,000
Min regular saving£32,500,000
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price104.91
CurrencySEK
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeM2MA
Legg Mason Brandywine Global Income Optimiser X Monthly Plus (E) Hedged Dis EUR
Initial charge-
Annual charge0.65%
Min single investment£3,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)0.94%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price95.73
CurrencyEUR
Price updated08/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeJZNX
Legg Mason Brandywine Global Income Optimiser X Monthly Plus (E) Hedged Dis GBP
Initial charge-
Annual charge0.65%
Min single investment£3,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)0.94%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price97.5
CurrencyGBP
Price updated08/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeJZNY
Legg Mason Brandywine Global Income Optimiser X Monthly Plus (E) Inc USD
Initial charge-
Annual charge0.65%
Min single investment£3,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)0.94%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price97
CurrencyUSD
Price updated08/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeK2NJ
Data provided by

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