Fact sheet: LM BwGblCrOpp

Fund information

Fund name
Legg Mason Brandywine Global Credit Opportunities A Acc USD
Fund company manager
Legg Mason Global Funds Plc
Fund type
SIB
Fund manager(s)
Brandywine Global Investment Management
since 30/06/2014
Fund objective
The Fund seeks to maximise total return through a high level of income and capital appreciation, by taking a flexible investment approach in global bond markets across the credit spectrum, including emerging market countries that the manager finds most attractive, through both long exposure and short exposure (via derivatives). This may result in the fund being highly concentrated in one, or a small number of, countries, sectors or asset classes. Such asset classes may include, but are not limited to, mortgage-backed securities.
Benchmark
LIBOR USD 3 month
Investment style
Strategic Investment
Investment method
Fixed Interest

Performance snapshot

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

8.09 %

1 Year rank in sector

18/308

Sector

FO Fixed Int - Global

Yield
-
Fund size

£ 56.4 m

FE Risk score

28

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    65.55%
  • Brazil
    13.45%
  • UK
    8.94%
  • Money Market
    3.86%
  • Spain
    3.64%
  • Asset/Mortgage-Backed Securities
    49.82%
  • Government Bonds
    29.33%
  • Corporate Bonds
    14.12%
  • Money Market
    3.86%
  • Banks
    2.83%
  • US Fixed Interest
    65.55%
  • Brazilian Fixed Interest
    13.45%
  • UK Fixed Interest
    8.94%
  • Money Market
    3.86%
  • Spanish Fixed Interest
    3.64%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund0.3 %3.59 %8.09 %4.89 %0 %
Sector0.11 %1.66 %1.73 %6.22 %9.18 %
Rank within sector135 / 34567 / 33118 / 308133 / 252 /
Quartile th2 nd1 st1 st3 rd th

Calendar performance

YTD-20172016201520142013
Fund7.88 %3.43 %-4.98 %0 %0 %
Sector3.47 %4.59 %-1.64 %3.66 %-1.56 %
Rank within sector38 / 317145 / 285215 / 256 / /
Quartile th1 st3 rd4 th th th

Risk statistics

Alpha-0.34
Beta0.84
Sharpe-0
Volatility4.17
Tracking error3.54
Information ratio-0.21
R-Squared0.28

Price movement

52 week high107.14
52 week low96.53
Current bid price0
Current offer price0
Current mid price107.25

Holdings by region

  • 65.55% USA
  • 13.45% Brazil
  • 8.94% UK
  • 3.86% Money Market
  • 3.64% Spain
  • 1.83% Mexico
  • 1.37% Jamaica
  • 1% Peru
  • 0.43% Argentina
  • 0.02% Germany

Holdings by sector

  • 49.82% Asset/Mortgage-Backed Securities
  • 29.33% Government Bonds
  • 14.12% Corporate Bonds
  • 3.86% Money Market
  • 2.83% Banks
  • 0.05% Derivatives
  • 0.02% Futures
  • -0.03% Foreign Exchange

Holdings by asset type

  • 65.55% US Fixed Interest
  • 13.45% Brazilian Fixed Interest
  • 8.94% UK Fixed Interest
  • 3.86% Money Market
  • 3.64% Spanish Fixed Interest
  • 1.83% Mexican Fixed Interest
  • 1.8% American Emerging Fixed Interest
  • 1% Peruvian Fixed Interest
  • 0.02% German Fixed Interest
  • -0.03% Global Fixed Interest

Individual holdings

  • 6.65% BRAZIL(FEDERATIVE REPUBLIC OF) 10% BDS 01/01/23 BRL1000
  • 4.75% NEWGATE FUNDING FLTG RATE NTS 01/12/50 EUR`06-2``CB`
  • 4.54% FEDERAL HOME LN MTG CP MTCL PT CTFS UNDATED BDS USD1000 K042 X1
  • 3.63% FEDERAL NATIONAL MORTGAGE ASSOC CONNECT AVE 25/10/28 USD 2M-2 2016-C03
  • 3.59% FEDERAL HOME LOAN MORTGAGE CORP FRN 25/12/27 USD250000 M-3 2015-DNA2
  • 3.5% FEDERAL HOME LOAN MORTGAGE CORP STACR NTS 25/10/28 USD M-3 2016-DNA2
  • 3.29% FREDDIE MAC STRUC AGY CDT RSK DB NT NTS 25/07/28 USD 2016 DNA1 M3
  • 3.11% FANNIE MA FRN 09/25/29 6.5236%
  • 2.97% TPMT FLT% 25Mar54 15-3-B1
  • 2.8% LANDMARK MORTGAGE SECURITIES NO.2 CLS`BC`MTG BKD FLTG RTE NTS 17/06/39 EUR