Fact sheet: LM BrywGlFxInARn

Fund information
Fund name
Legg Mason Brandywine Global Fixed Income Absolute Return E Acc USD
Fund manager company
Legg Mason Global Funds Plc
Fund type
OEIC
Fund manager
  • Brandywine Global Investment Managementsince 03/04/2012
Fund objective
The Fund seeks to generate positive returns that are independent of market cycles, through income and capital appreciation, by investing at least 70% of its Net Asset Value in debt securities, convertible securities that can be exchanged into shares, investment funds, and financial contracts, which are listed or traded anywhere in the world. The Fund may take advantage of the entire range of maturities and durations when purchasing debt securities, and may adjust the average duration of the Fund's investments from time to time.
Benchmark
  • LIBOR USD 3 month
Investment style
Absolute Return
Investment method
Fixed Interest
Quick stats
1 Year return
2.3%
1 Year rank in sector
63/132
Sector
FO Absolute Return
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.
2.22%
Fund size
£1,248m (£1,452m 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.
84
Top in this sector
Fund name1 Year
SW Mitchell Emerging European26.2%
SWMC UK21.8%
Polar Capital UK Abs Eq20.4%
F&C Ml Strat Gbl Eq16.2%
SWMC European13.1%
...more in FO Absolute Return

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.1%2.2%1%2.3%2.2%-
Sector0.1%0.9%1%2.4%3.2%9.1%
Rank within sector138 / 14826 / 14762 / 13863 / 13239 / 89-
Quartile4th1st2nd2nd2nd
Calendar performance
 YTD - 20172016201520142013
Fund2.9%2.6%-6.3%3.7%-
Sector1.2%0.7%0.7%1.2%3.6%
Rank within sector23 / 14639 / 127107 / 11220 / 87-
Quartile1st2nd4th1st
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.
-0.6
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.
1.42
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.
-0
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%.
4.74
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.
4.05
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.
-0.06
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.
0.3
Price movement
52 week high102.16
52 week low95.96
Current bid price-
Current offer price-
Current mid price101.48
Region
1USA44.69%
2Mexico13.42%
3Brazil5.45%
4South Africa4.88%
5Money Market4.67%
6Indonesia4.56%
7Poland4.19%
8Malaysia3.85%
9Australia3.03%
Industry sector
1A35.45%
2AAA27.35%
3BBB17.59%
4BB8.97%
5AA6.01%
6Money Market4.63%
Asset type
No data available.
Individual holdings
1U.S. TSY NOTES 0.690 20188.91%
2USTSY N/B 2.875 20465.01%
3MEXICO(UNITED MEXICAN STATES) 7.75% NTS 13/11/42 MXN1000004.8%
4UNITED ST 0.656 20193.85%
5GOLDMAN SACHS 2.139 20183.66%
6MEXICO(UNITED MEXICAN STATES) 8.5% BDS 18/11/38 MXN1003.34%
7BRAZIL 9.761 20273.27%
8MEXICO(UNITED MEXICAN STATES) 8.5%% BDS 31/05/29 MXN10003.18%
9U.S. TSY NOTES 0.686 20183.14%
Management
Fund manager group
Legg Mason
Fund manager company
Legg Mason Global Funds Plc
Fund type
OEIC
Fund objective
The Fund seeks to generate positive returns that are independent of market cycles, through income and capital appreciation, by investing at least 70% of its Net Asset Value in debt securities, convertible securities that can be exchanged into shares, investment funds, and financial contracts, which are listed or traded anywhere in the world. The Fund may take advantage of the entire range of maturities and durations when purchasing debt securities, and may adjust the average duration of the Fund's investments from time to time.
Benchmark
  • LIBOR USD 3 month
Investment style
Absolute Return
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Brandywine Global Investment Management03/04/2012Brandywine 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
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Chile, Germany, Denmark, Spain, Finland, France, United Kingdom, Greece, Ireland, Italy, Luxembourg, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden
Legg Mason Brandywine Global Fixed Income Absolute Return A (PF) Hedged Acc EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.4%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price96.96
CurrencyEUR
Price updated10/07/2013
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJDKN
Legg Mason Brandywine Global Fixed Income Absolute Return A Dis USD
Initial charge5%
Annual charge1.35%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.62%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price99.87
CurrencyUSD
Price updated24/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeJK0F
Legg Mason Brandywine Global Fixed Income Absolute Return A Hedged Acc EUR
Initial charge5%
Annual charge1.35%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.62%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price102.94
CurrencyEUR
Price updated24/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJGDN
Legg Mason Brandywine Global Fixed Income Absolute Return A Hedged Acc SEK
Initial charge5%
Annual charge1.35%
Min single investment£6,500
Min regular saving£3,250
Available in ISANo
Ongoing charge (OCF)1.62%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price97.71
CurrencySEK
Price updated24/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMF5K
Legg Mason Brandywine Global Fixed Income Absolute Return A USD
Initial charge5%
Annual charge1.35%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.62%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price114.1
CurrencyUSD
Price updated24/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code10PD
Legg Mason Brandywine Global Fixed Income Absolute Return B (D) Dis USD
Initial charge-
Annual charge1.6%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.87%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.99
CurrencyUSD
Price updated24/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeJNNM
Legg Mason Brandywine Global Fixed Income Absolute Return C Acc USD
Initial charge-
Annual charge1.85%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)2.12%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.81
CurrencyUSD
Price updated24/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJK0G
Legg Mason Brandywine Global Fixed Income Absolute Return E Acc USD
Initial charge2.5%
Annual charge1.95%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)2.22%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.48
CurrencyUSD
Price updated24/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJK0H
Legg Mason Brandywine Global Fixed Income Absolute Return E Dis USD
Initial charge2.5%
Annual charge1.95%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)2.22%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.61
CurrencyUSD
Price updated24/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeJK0I
Legg Mason Brandywine Global Fixed Income Absolute Return F Acc USD
Initial charge-
Annual charge1.1%
Min single investment£5,000,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)1.22%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price103.09
CurrencyUSD
Price updated24/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKOXG
Legg Mason Brandywine Global Fixed Income Absolute Return Premier (A) (Hedged) Dis EUR
Initial charge-
Annual charge0.9%
Min single investment£30,000,000
Min regular saving£5,000,000
Available in ISANo
Ongoing charge (OCF)1.02%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price91.6
CurrencyEUR
Price updated24/04/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeJE3L
Legg Mason Brandywine Global Fixed Income Absolute Return Premier Acc USD
Initial charge-
Annual charge0.9%
Min single investment£30,000,000
Min regular saving£5,000,000
Available in ISANo
Ongoing charge (OCF)1.02%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price105.97
CurrencyUSD
Price updated24/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJ72I
Legg Mason Brandywine Global Fixed Income Absolute Return Premier Dis USD
Initial charge-
Annual charge0.9%
Min single investment£30,000,000
Min regular saving£5,000,000
Available in ISANo
Ongoing charge (OCF)1.02%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price98.22
CurrencyUSD
Price updated24/04/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeKNYB
Legg Mason Brandywine Global Fixed Income Absolute Return Premier Hedged (M) Dis GBP
Initial charge-
Annual charge0.9%
Min single investment£15,000,000
Min regular saving£5,000,000
Available in ISANo
Ongoing charge (OCF)1.02%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price96.21
CurrencyGBP
Price updated24/04/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeJ72H
Legg Mason Brandywine Global Fixed Income Absolute Return Premier Hedged Acc CHF
Initial charge-
Annual charge0.9%
Min single investment£30,000,000
Min regular saving£5,000,000
Available in ISANo
Ongoing charge (OCF)1.05%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price93.85
CurrencyCHF
Price updated12/01/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeM99B
Legg Mason Brandywine Global Fixed Income Absolute Return Premier Hedged Acc EUR
Initial charge-
Annual charge0.9%
Min single investment£30,000,000
Min regular saving£5,000,000
Available in ISANo
Ongoing charge (OCF)1.02%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price113.48
CurrencyEUR
Price updated24/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeG7GD
Legg Mason Brandywine Global Fixed Income Absolute Return Premier Hedged Acc SEK
Initial charge-
Annual charge0.9%
Min single investment£195,000,000
Min regular saving£32,500,000
Available in ISANo
Ongoing charge (OCF)1.02%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price98.04
CurrencySEK
Price updated24/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMF5L
Legg Mason Brandywine Global Fixed Income Absolute Return Premier Hedged Acc SGD
Initial charge-
Annual charge0.9%
Min single investment£45,000,000
Min regular saving£7,500,000
Available in ISANo
Ongoing charge (OCF)1.02%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.094
CurrencySGD
Price updated24/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeK4IJ
Legg Mason Brandywine Global Fixed Income Absolute Return X (Hedged) Acc GBP
Initial charge-
Annual charge0.9%
Min single investment£3,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)1.17%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price103.23
CurrencyGBP
Price updated24/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKNXZ
Legg Mason Brandywine Global Fixed Income Absolute Return X (M) (Hedged) Dis GBP
Initial charge-
Annual charge0.9%
Min single investment£0
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)1.17%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price99.16
CurrencyGBP
Price updated24/04/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeMP9E
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.