III - FundFactsheet

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.

  Initial Charge  Star Rating Fund Risk Level   12 Month Performance
0.00% 1 LowLowLowLowLow 100.17 88.76
Quick Stats Purchase info
Currency: GBP Change on day 0.50% Sector FO Absolute Return Min: £20.00
Bid price: 0.00 YTD return -3.42% Fund size(£m) 1374.28 ISA: Yes
Mid price: 90.86 Yield 3.23% Fund type OEIC
Offer price 0.00 Type Income Unit Launch date 25/03/2013
Performance - View all
Key Chart Instrument 1 mth 6 mths 1 yr 3 yrs
Legg Mason Brandywine Global Fixed Income Absolute Return Premier Hedged (M) Dis GBP 1.66% -6.42% -4.44% 2.13%
FO Absolute Return -0.58% -1.91% -2.33% 0.89%



Sector Weighting - as at 31/08/18
Region Weighting - click here
Sector % of fund
Government Bonds 73.49
Corporate Bonds 21.99
Money Market 2.57
Fixed Interest 1.42
Asset/Mortgage-Backed Securities 0.53
Region Weighting - as at 31/08/18
Sector Weighting - click here
Region % of fund
USA 42.96
Mexico 13.96
Money Market 9.01
Malaysia 6.60
Poland 5.77
South Africa 5.01
Colombia 4.81
Australia 4.21
Indonesia 3.90

Sector/Region weightings are currently unavailable

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.

Fund Manager

Brandywine Global Investment Management

Since: 03/04/2012

Biography:Brandywine 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.

Quick Stats
Citi code J72H Legal structure OEIC Fund Currency GBP
ISIN code IE00B85RTD75 Fund size £1,374.28 M at 16/10/2018 Price date 16/10/2018
Fund Risk Level LowLowLowLowLow Star rating 1 Pricing freq Daily
Sector FO Absolute Return Valor code 18486331 WKN Code A1JXQV
Bid price 0.00 Mid price 90.86 Offer Price 0.00
Benchmark LIBOR USD 3 month Yield 3.23% Launch date 25/03/2013
Domicile Ireland Type Distributing ISA Yes
Purchase & Other Information
Min.investment £20.00
Min.top-up £20.00
Standard (Fund Manager) Initial Charge 0.00%
Interactive Investor Initial Charge 0.00%
Ongoing Charges 1.01% at 12/02/2018
Performance Fee 0%
Compliant Reporting Fund Status, UCITS IV Compliant,
Dividend dates Jan 19, Feb 20, Mar 19, Apr 19, May 22, Jun 19, Jul 19, Aug 19, Sep 19, Oct 19, Nov 19, Dec 19
For sale in Austria, Belgium, Canada, Switzerland, Chile, Germany, Denmark, Spain, Finland, France, United Kingdom, Ireland, Italy, Luxembourg, Netherlands, Norway, Offshore, Poland, Portugal, Singapore, Sweden,
Performance Chart in (GBP)

Bid-to-bid with income reinvested.

Past performance is not a guide to future performance. Fund performance data doesn’t take into account fees and expenses which are specific to individual plans. Details are available on request.

Cumulative Performance in GBP
  3 mth 6 mth 1 yr 3 yr 5 yr
Fund -1.33% -6.42% -4.44% 2.13% 4.26%
Sector -1.22% -1.91% -2.33% 0.89% 3.80%
Relative to sector -0.11% -4.51% -2.11% 1.24% 0.46%
Rank within sector 98/158 140/155 - - -
Quartile 3rd 4th - - -
Discrete Annual Performance to Last Quarter End in GBP
  0-12m 12m-24m 24m-36m 36m-48m 48m-60m
Fund -5.51% 7.35% 2.95% -3.83% 5.65%
Sector -1.23% 2.46% 0.82% 0.15% 3.06%
Relative to sector -4.28% 4.89% 2.13% -3.98% 2.59%
Rank within sector - - - - -
Quartile - - - - -
Performance by Calendar Year in GBP
  YTD 2017 2016 2015 2014
Fund -3.42% 5.15% 3.00% -5.01% 5.20%
Sector -2.34% 2.62% 0.66% 0.69% 1.20%
Relative to sector -1.08% 2.53% 2.34% -5.70% 4.00%
Rank within sector - - - - -
Quartile - - - - -
Fund Price Movement in GBP
12 month high 100.17 (British Pound) 12 month low 88.76 (British Pound)
Risk Statistics
Volatility Alpha Beta Sharpe Tracking Error Information Ratio R2
Fund 5.74 0.48 1.64 0.00 5.15 0.15 0.23
Asset Weightings are currently unavailable
Region Weightings as at August 31, 2018
Rank Change Name % Weighting
1 NoChange USA 42.96%
2 NoChange Mexico 13.96%
3 NoChange Money Market 9.01%
4 NoChange Malaysia 6.60%
5 NoChange Poland 5.77%
6 NoChange South Africa 5.01%
7 NoChange Colombia 4.81%
8 Riser Australia 4.21%
9 Riser Indonesia 3.90%
10 nochange Others 3.77%
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Sector Weightings as at August 31, 2018
Rank Change Name % Weighting
1 NoChange Government Bonds 73.49%
2 NoChange Corporate Bonds 21.99%
3 NoChange Money Market 2.57%
4 NoChange Fixed Interest 1.42%
5 NoChange Asset/Mortgage-Backed Securities 0.53%
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Top Holdings as at August 31, 2018
Rank Change Name % Weighting
1 NewEntry US TSY FLOATIN 2.079% 2020 14.39%
2 NewEntry UNITED ST 2.106% 2019 6.04%
3 NewEntry MEXICO(UNITED MEXICAN STATES) 7.75% NTS 13/11/42 MXN100000 4.88%
4 NewEntry COLOMBIA(REPUBLIC OF) 6% BDS 28/04/28 COP1000 4.68%
5 NewEntry US TSY FRN 2.046% 2020 4.08%
6 NewEntry BRAZIL 10.000% 2027 3.71%
7 NewEntry GOLDMAN SACHS 3.060% 2023 3.08%
8 NewEntry SOUTH AFRICA(REPUBLIC OF) 8.75% BDS 28/02/48 ZAR1000000 3.03%
9 NewEntry MEXICO(UNITED MEXICAN STATES) 8.5%% BDS 31/05/29 MXN1000 2.94%
10 NewEntry MEX BONOS 8.500% 2038 2.93%
Total 49.76%
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