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What can the Brandywine Global Opportunistic Fixed Income Fund actually invest in?

The fund's Statement of Investment Policy and Objectives (SIPO) defines the asset classes it can hold and the allowable target / min / max weights for each.

Strategic asset allocation ranges

Asset class Target Min Max
International fixed interest 100% 90% 100%
Cash and Cash Equivalents 0% 10%

Mandate flexibility (sum of max − min across all ranges): 20%. Narrow range — index-tracking style with limited drift.

Derivatives policy

Derivatives including forwards, futures, options, mortgage derivatives, structured notes, and swaps may be used to obtain or reduce exposure to securities, markets, or currencies, to manage cash flows, or to facilitate timely exposure to securities. Use of derivatives may result in a Fund being leveraged if not backed by cash, cash equivalents, or securities.

Related

ManagedFundsNZ provides information only, not personalised financial advice. SIPO documents are subject to amendment by the manager (with supervisor approval) — always check the current SIPO on the FMA Disclose register before investing.