Two of Legg Mason’s fixed income funds, the Legg Mason Brandywine Global Opportunistic Fixed Income Fund and the Legg Mason Western Asset Australian Bond Fund have been added to Colonial First State FirstWrap Platform.
The Legg Mason Brandywine Global Opportunistic Fixed Income Fund, aimed to target investment in markets offering the highest real yields and employed active currency management, managed over $635 million for Australian investors and offers an unconstrained, high conviction global fixed income strategy with a ‘go-anywhere’ opportunistic style.
The Legg Mason Western Asset Australian Bond Fund, which managed over $1 billion in funds under management, is an actively managed fund against the Bloomberg AusBond Composite 0+ Year Index, typically invested in Australian dollar-denominated debt securities paying fixed or floating rate coupons issued by governments, supra-national bodies and Australian and foreign corporates.
“We are very pleased to have these funds included on the Colonial First State FirstWrap platform.
We have purposefully developed a full range...