Designed specifically for New Zealand investors
Our Funds have been established as portfolio investment entities (PIE) to ensure the best possible outcomes for New Zealand investors. The PIE fund wrapper is a distinctive solution that allows retail investors and their advisers to invest in these strategies that have previously only been available to the wholesale market.
- Brandywine Global Opportunistic Equity Fund (PIE)
- Brandywine Global Opportunistic Fixed Income Fund (PIE)
- How to Invest
Brandywine Global Opportunistic Equity Fund (PIE)
Brandywine Global Opportunistic Equity Fund (PIE)
The Fund invests in a diversified portfolio of globally listed companies that leverages top-down macroeconomic insights to complement comprehensive fundamental value driven bottom-up research. The Fund’s distinct investment process is premised on the philosophy that valuation alone is not a catalyst. This unique approach assists the Fund in avoiding value traps, while enhancing the strategy’s ability to capture diversified sources of return.
Documents |
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| Click here to access the Fact Sheet, Product Disclosure Statement, Fund Update and other documents via the FundRock New Zealand website. |
Key Fund Facts |
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|---|---|
| Investment Objective |
The investment objective of the Fund is to earn a return before fees and taxes in excess of the MSCI All Country World Index NR, in New Zealand dollar terms, over the medium to long term. |
| Investment Universe | The Fund will invest into an underlying fund that holds an actively managed portfolio of global equity and equity-related securities such as convertible securities (excluding contingent convertible securities), warrants, American depositary receipts (ADRs), global depositary receipts (GDRs), and preferred stock, including from emerging market issuers. |
| Derivatives | From time to time, the Fund may use derivatives to hedge foreign currency risk. The Fund may also use derivatives for efficient portfolio management and hedging to its local currency on individual securities from time to time. |
| Benchmark | MSCI All Country World Index – NR (Unhedged, in NZD) |
| Currency hedging policy | Currency exposures are unhedged. |
Brandywine Global Opportunistic Fixed Income Fund (PIE)
Brandywine Global Opportunistic Fixed Income Fund (PIE)
The Fund searches the globe for attractive real yield opportunities. The Fund is an alpha seeking, high conviction strategy with a ‘go anywhere’, opportunistic style with strict risk limits in place to avoid over-exposure to any one region or issuer. Combining bond and currency strategies, the Fund aims to deliver a truly global opportunity set for New Zealand fixed income investors.
Documents |
|---|
| Click here to access the Fact Sheet, Product Disclosure Statement, Fund Update and other documents via the FundRock New Zealand website. |
Rating |
|---|
| FundSource |
| AAA |
Key Fund Facts |
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|---|---|
| Investment Objective | The investment objective of the Fund is to earn a return before fees and taxes in excess of the Bloomberg Global Aggregate Index –New Zealand dollar Hedged over rolling five-year periods. |
| Investment Universe | Primarily invests in developed market sovereign debt and currencies. It can also invest in corporate investment grade debt, high yield debt, mortgages and emerging market sovereign debt currencies. |
| Derivatives | Currency forwards are used to hedge currency risk and/or potentially enhance total returns. Other derivatives, such as futures and swaps, are permissible although utilised infrequently. |
| Geographic Concentration | Typically 10-20 countries, restricted ranges for lower-quality, non-benchmark countries and currencies. |
| Benchmark | Bloomberg Global Aggregate Index - New Zealand Dollar Hedged |
| Minimum Average Portfolio Credit Quality | A- or better |
| Effective Duration | 1 to 10 years |
| Rating | FundSource AAA |
How to Invest
How to Invest
Advisers and Retail Investors
We have partnered with FundRock NZ Limited to host our Funds. To invest, please visit the FundRock NZ Limited website.
About FundRock NZ Limited
FundRock NZ Limited is licenced as a “manager of a registered scheme” under New Zealand’s Financial Market Conduct Act 2013 (FMC Act).
FundRock NZ Limited is a specialist financial services firm providing tailored solutions for a range of local and offshore funds management businesses operating in New Zealand.
Past performance is not necessarily indicative of future performance and may not necessarily be repeated. Returns are volatile and may go up and down significantly.
The Brandywine Global Opportunistic Equity Fund (ARSN 674 294 369) (Fund) and the Brandywine Global Opportunistic Fixed Income Fund (ARSN 127 583 411) (Fund) are PIE-compliant New Zealand-domiciled funds with investments managed by Franklin Templeton Australia Limited. Franklin Templeton Australia Limited has sub-advised the investment management to Brandywine Global Investment Management (“Brandywine Global”). FundRock NZ Limited ("FundRock NZ") is the issuer and manager of the Fund. The Fund is registered as an offer within a Managed Investment Scheme under the Financial Markets Conduct Act 2013 and is regulated by the Financial Markets Authority.
A Product Disclosure Statement for the Scheme is available from FundRock NZ Limited or by going to https://disclose-register.companiesoffice.govt.nz/.