Legg Mason Brandywine Global Income Optimiser Fund

Legg Mason and fixed interest affiliate manager, Brandywine Global, have launched the Legg Mason Brandywine Global Income Optimiser Fund (the Fund).

The Fund seeks to maximise income yield in all market conditions while preserving capital by investing in investment grade and high-yielding debt securities and financial derivative instruments.

The Fund will invest across countries and across debt sectors, including: sovereign, investment grade corporates, high yield corporates, structured credit, swaps, currency futures, and cash in pursuit of its investment objective and superior returns.

Commenting on the launch, Gary Herbert, Brandywine Global's portfolio manager and head of global credit, said: "We originally launched this strategy offshore back in 2013 and since then we have delivered attractive risk adjusted returns leading it to be extremely well received by investors in other markets."

He added: "Having discussed this with potential investors in Australia we believe that, given the ongoing uncertainty in fixed income markets, now is an ideal time to launch as we can offer a global solution designed for all seasons. The fund should have strong appeal for self-directed and advised individual investors including the SMSF market, as it offers predictable returns in all conditions and diversification away from the local staples of the ASX listed equities and term deposits."