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Legg Mason Brandywine Gl Opp Fxd Inc X Eur Acc Hdg

Ranked 16 out of 102 in - Global over 12 months
All calculations are in EUR unless stated

Managed by

David F. Hoffman

David Hoffman started his career in 1979 at INA Capital Management. He then spent time working at Columbus Circle Investors and Hoffman Capital between 1983 and 1995 before joining Legg Mason in 1995. He is currently a managing director and lead portfolio manager on the Legg Mason Brandywine Global Fixed Income Fund. David is a CFA Charterholder.

Jack P. McIntyre

Originally from Jeffersonville, Indiana, Jack McIntyre graduated from the University of Massachusetts, the New York University and Stern Graduate Business School and holds an MBA in Finance and International Business. Also a CFA Charterholder, he currently manages global long-only and absolute return bond funds at Legg Mason. Based in Philadelphia, outside of work Jack enjoys golf and shooting.

Stephen Smith

Stephen Smith is an economics and business graduate of Xavier University in the US city of Cincinnati. He began his career at First Pennsylvania Bank, where he was vice president and fixed income portfolio manager. Prior to joining Provident Capital Management in 1984, Stephen founded Munsch and Smith Management. At Provident, he served as senior vice president overseeing taxable fixed income, similar to a role he subsequently held at Mitchell Hutchins. In 1991, Stephen joined Brandywine as managing director and portfolio manager. Here, he adopts an active, top-down, value investment style over his range of global bond funds. Stephen uses real yield and currencies as the firm’s primary measures of value. Other factors he takes into account include macroeconomic trends and political risks, and both cash and derivatives are used for efficient portfolio management.

Objective

The Fund seeks to maximise total return, consisting of capital appreciation and income, by investing at least two-thirds of its Net Asset Value in debt securities that are listed or traded anywhere in the world, including Emerging Market Countries. At least 65% of the Fund's Net Asset Value will be invested in debt securities with an Investment Grade credit quality rating. The manager follows a value approach to investing and will concentrate investments in undervalued markets that the manager believes will provide the best opportunity for declining interest rates and a return to lower real rates over time.

Showing fund performance in Netherlands View performance globally

Performance

Global over : 31/10/2016 - 31/10/2017
  • Rank 16/102 Total Return
  • Rank 100/102 Standard Deviation
  • Rank 82/102 Max Drawdown
Fund Name Currency Return
14 Legg Mason Brandywine Gl Inc Opt X EUR Dist M H +e

Currency exposure is hedged

Currency exposure is hedged

EUR

2.9%

15 BNY Mellon Global Opportunistic Bd H EUR Hdg

Currency exposure is hedged

Currency exposure is hedged

EUR

2.8%

16 Legg Mason Brandywine Gl Opp Fxd Inc X Eur Acc Hdg

Currency exposure is hedged

Currency exposure is hedged

EUR

2.3%

17 UBAM Global Credit Opportunities RC EUR EUR

2.1%

18 CapitalAtWorkFoyer-Defensive C EUR

2.1%

Fund Name Currency Risk
98 Amundi Fds Bond Global - SHE (C)

Currency exposure is hedged

Currency exposure is hedged

EUR

7.1

99 AB FCP I-Global Bond Portfolio A EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

7.4

100 Legg Mason Brandywine Gl Opp Fxd Inc X Eur Acc Hdg

Currency exposure is hedged

Currency exposure is hedged

EUR

7.9

101 GAM Star Dynamic Global Bond EUR Acc EUR

8.2

102 Templeton Global Total Return I (Mdis) EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

11.1

Fund Name Currency Loss
80 BNY Mellon Global Bond I EUR Hdg

Currency exposure is hedged

Currency exposure is hedged

EUR

-5.4%

81 M&G Global Government Bond Euro A Acc EUR

-5.5%

82 Legg Mason Brandywine Gl Opp Fxd Inc X Eur Acc Hdg

Currency exposure is hedged

Currency exposure is hedged

EUR

-5.5%

83 Kempen Profielfonds 0 EUR

-5.6%

84 CapitalAtWorkFoyer-Government Bonds atWork C EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-5.8%

Total Return

Quarterly Performance

to 29/09/2017 Annual Q1 Q2 Q3 Q4
2017 4.9% 3.5% 2.3%
2016 2.6% 7.9% 1.2% 0.8% -6.9%
2015 -9.6% -0.8% -3.5% -4.6% -1.0%
2014 5.6% 4.0% 4.1% -2.2% -0.3%
2013 -0.1% -0.6%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Belgium
  3. France
  4. Germany
  5. Ireland
  6. Luxembourg
  7. Netherlands
  8. Singapore
  9. Spain
  10. Switzerland
  11. United Kingdom

Fund Info

  • Launch date11/06/2013
  • Share Class size00Mn
  • Base currencyEUR
  • ISIN IE00B9MB9Q20
  • Currency exposure is hedged

Purchase Info

  • Min. initial investment3Mn
  • Min. regular additional investment0

Charges

  • Annual management0.65%
  • Initial investment0

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Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).