Investment Objective
The fund uses a top-down strategy combined with a bottom-up selection process supported by Western Asset’s Global Investment Strategy Committee. The Fund can invest in a very broad opportunity set — in global sovereign and corporate debt, emerging markets and foreign exchange. Through active management and flexible guidelines the fund is able to focus on specific sectors and securities offering long-term value. In addition, the Fund dynamically manages duration, yield curve and volatility.
Performance
| JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 0.5 | 0.2 | 0.0 | 0.5 | 0.5 | 0.3 | 0.9 | 0.1 | 1.0 | 0.1 | 0.3 | 0.8 | 0.1 | |
| 2022 | 0.2 | 0.3 | 0.3 | 0.5 | 0.2 | 0.2 | 0.9 | 0.6 | 0.5 | 0.8 | 0.8 | 0.1 | 0.1 |
