Legg Mason Brandywine Global Credit Opportunities
|Portfolio Manager||Gary P. Herbert, Brian Kloss, Tracy Chen|
|Fund AUM (GBP)||£32m|
|Fund AUM as of||31 July 2019|
|Fund Inception||30 June 2014|
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.
US 3-month LIBOR plus 600bps