Register to get unlimited access to all of Citywire’s fund manager database. Registration is free and only takes a minute.

Legg Mason Brandywine Glo Fxd Inc A Dis S USD

Ranked 475 out of 1169 in - Global over 12 months
All calculations are in USD 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 through capital appreciation and income by investing at least two-thirds of its Net Asset Value in investment grade debt securities denominated in the currencies of, or issuers located primarily in, developed countries around the world. The Sub Investment Manager will concentrate investments in undervalued markets that provide the best opportunity for declining interest rates and a return to lower real rates over time.

Showing fund performance globally. You can view performance in individual jurisdictions.

Performance

Global over : 31/03/2016 - 31/03/2017
  • Rank 475/1169 Total Return
  • Rank 1033/1169 Standard Deviation
  • Rank 638/1169 Max Drawdown
Fund Name Currency Return
473 Harmony Global Fixed Income Pool Embedded Series USD

-0.1%

473 CF Canlife Global Bond B Acc USD

-0.1%

475 BGF Global Government Bond A2 USD

Currency exposure is hedged

Currency exposure is hedged

USD

-0.1%

475 Legg Mason Brandywine Glo Fxd Inc A Dis S USD USD

-0.1%

477 Fidelity Global Bond Fund USD

-0.1%

Total Return

Quarterly Performance

to 31/03/2017 Annual Q1 Q2 Q3 Q4
2017 5.1%
2016 2.6% 7.9% 0.9% 1.0% -6.7%
2015 -9.9% -1.0% -3.0% -5.2% -0.9%
2014 2.9% 2.7% 3.5% -2.6% -0.6%
2013 -4.0% -1.0% -3.0% 0.4% -0.5%
2012 7.9% 1.7% 0.6% 3.5% 1.9%
2011 7.9% 1.3% 2.5% 3.7% 0.2%
2010 8.7% 2.1% 1.1% 8.4% -2.8%
2009 18.6% -4.3% 12.0% 9.9% 0.7%
2008 -7.4% 2.3% -0.3% -5.5% -4.0%
2007 8.9% 0.6% -0.1% 5.8% 2.3%
2006 4.0% -0.2% 2.4% 1.1% 0.6%
2005 -3.9% -2.4% -0.2% 0.0% -1.3%
2004 11.2% 1.3% -1.4% 3.9% 7.1%
2003 4.1%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Belgium
  3. Chile
  4. Finland
  5. France
  6. Germany
  7. Hong Kong
  8. Ireland
  9. Italy
  10. Luxembourg
  11. Netherlands
  12. Norway
  13. Singapore
  14. Spain
  15. Sweden
  16. Switzerland
  17. United Kingdom

Fund Info

  • Launch date30/09/2003
  • Share Class size83Mn
  • Base currencyUSD
  • ISIN IE0033637442

Purchase Info

  • Min. initial investment1,000
  • Min. regular additional investment0

Charges

Related News

ECB will salvage credibility with early 2015 QE, says bond star

Citywire AAA-rated manager Jack McIntyre believes Mario Draghi will have to shelve concerns about over-reliance on policy to help ensure recovery.

Legg Mason to double EMD threshold in star trio’s bond fund

Investment firm set to raise current limits on developing world debt in $1.2 billion fund overseen by three Citywire AA-rated managers.

US bonds riskier than ever, warns fixed income veteran

Brandywine's veteran global bond star argues that investing in the highly correlated bond markets of the world's biggest three economies is exposingf investors to more risks than ever.

Bond stars ditch Asia for LatAm currencies

Global bond managers begin to relocate currency exposure after cutting long-held overweight to Asian currencies in their $1.5bn fund.

Revealing Singapore's newly-rated elite

A veteran US equity manager and PIMCO bond manager are among the latest managers to receive their first ever Citywire rating in Singapore.

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