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
2.7%
1 Year rank in sector
45/128
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.
2.21%
Fund size
£1,110m (£1,739m 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.
75
Top in this sector
Fund name1 Year
SW Mitchell Emerging European20.1%
Pioneer SICV-AbsRetBd13.8%
BlackRock SFAmDfEAbslRn13%
Polar Capital UK Abs Eq12.7%
Allianz Gbl Strat11.8%
...more in FO Absolute Return

Performance snapshot

Holdings snapshot

  • USA37%
    Mexico13.6%
    Money Market7.8%
    Brazil5%
    Indonesia5%
  • Government Bonds60.7%
    Corporate Bonds29.3%
    Money Market6.6%
    Government Agency Bonds2.5%
    Fixed Interest1.9%
  • Global Government Fixed Interest68%
    Global Corporate Fixed Interest27.1%
    Money Market5.4%
    Supranational Fixed Interest0.9%
    Futures-0%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.6%0.5%0.6%2.7%0.9%-
Sector0.1%1.5%1.5%0.8%3.9%10.7%
Rank within sector123 / 13995 / 13890 / 13645 / 12850 / 78-
Quartile4th3rd3rd2nd3rd
Calendar performance
 YTD - 20162015201420132012
Fund2.8%-6.3%3.7%--
Sector0.5%0.7%1.2%3.6%3.9%
Rank within sector36 / 132111 / 11623 / 88--
Quartile2nd4th2nd
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.
-0.95
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.
1.16
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.
4.22
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.
-0.19
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.
0.21
Price movement
52 week high100.07
52 week low93.34
Current bid price-
Current offer price-
Current mid price98.16
Region
1USA36.98%
2Mexico13.63%
3Money Market7.77%
4Brazil4.99%
5Indonesia4.96%
6Malaysia4.61%
7Australia4.58%
8South Africa4.2%
9Hungary4.15%
Industry sector
1Government Bonds60.72%
2Corporate Bonds29.28%
3Money Market6.57%
4Government Agency Bonds2.54%
5Fixed Interest1.85%
6Asset/Mortgage-Backed Securities0.24%
7Futures-0.21%
8Foreign Exchange-0.98%
Asset type
1Global Government Fixed Interest68.01%
2Global Corporate Fixed Interest27.07%
3Money Market5.35%
4Supranational Fixed Interest0.87%
5Futures-0.01%
6Foreign Exchange-1.29%
Individual holdings
1WITSY SEC. 0.337 201721.4%
2MEXICO(UNITED MEXICAN STATES) 7.75% NTS 13/11/42 MXN1000005.31%
3MEXICO(UNITED MEXICAN STATES) 8.5%% BDS 31/05/29 MXN10004.21%
4MEXICO(UNITED MEXICAN STATES) 8.5% BDS 18/11/38 MXN1003.34%
5HUNGARY 6% BDS 24/11/23 HUF100003.28%
6GOLDMAN SACHS 1.462 20183.04%
7PORTUGAL(REPUBLIC OF) 4.95% BDS 25/10/23 EUR0.013.02%
8MORGAN STANLEY 1.555% BDS 25/04/18 USD10002.67%
9BANK OF AMERICA 1.361 20192.66%
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)1.61%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price97.87
CurrencyUSD
Price updated29/09/2016
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)1.61%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.2
CurrencyEUR
Price updated29/09/2016
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)1.61%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price95.28
CurrencySEK
Price updated29/09/2016
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 price109.99
CurrencyUSD
Price updated29/09/2016
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)1.86%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price98.37
CurrencyUSD
Price updated29/09/2016
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)2.11%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price98.43
CurrencyUSD
Price updated29/09/2016
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)2.21%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price98.16
CurrencyUSD
Price updated29/09/2016
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)2.21%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price99.34
CurrencyUSD
Price updated29/09/2016
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)1.21%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price99.16
CurrencyUSD
Price updated29/09/2016
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)1.01%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price90.92
CurrencyEUR
Price updated29/09/2016
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)1.01%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.81
CurrencyUSD
Price updated29/09/2016
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 price96.5
CurrencyUSD
Price updated29/09/2016
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£2,500,000
Available in ISANo
Ongoing charge (OCF)1.01%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price94.19
CurrencyGBP
Price updated29/09/2016
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)1.01%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price94.22
CurrencyCHF
Price updated29/09/2016
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)1.01%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price110.06
CurrencyEUR
Price updated29/09/2016
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)1.01%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price95.2
CurrencySEK
Price updated29/09/2016
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)1.01%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.053
CurrencySGD
Price updated29/09/2016
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)1.16%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price99.82
CurrencyGBP
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
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£0
Available in ISANo
Ongoing charge (OCF)1.16%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price97.06
CurrencyGBP
Price updated29/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeMP9E
Data provided by

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