The Brandywine Global Opportunistic Equity Fund (the Fund) is a PIE-compliant New Zealand-domiciled fund. FundRock NZ Limited 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.
The Fund gains exposure to a diversified portfolio of global equities and cash. 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.
The Fund invests in an actively managed portfolio of global equity and equity-related securities, including convertible securities (excluding contingent convertible securities), warrants, American Depositary Receipts (ADRs), Global Depositary Receipts (GDRs), preferred stock and securities issued by emerging market issuers. The Fund may, from time to time, use derivatives to hedge foreign currency risk.
The significant benefits of investing in the Fund are:
Diversification and scale: By pooling the money of all investors in the Fund, investors gain exposure to a diversified portfolio of underlying assets. This increased diversification can reduce risk. In addition, the scale of the Fund may provide access to investment opportunities and efficiencies that may not be available to individual investors.
Professional investment management: Franklin Templeton Australia Limited ("Franklin Templeton") is the Investment Manager. Franklin Templeton has delegated day-to-day portfolio management to Brandywine Global Investment Management LLC ("Brandywine Global"), a specialist global investment manager. Brandywine Global follows a value-driven investment approach, seeking investment opportunities across global markets with the objective of maximising risk-adjusted returns over an investment cycle.
Investment Manager
Franklin Templeton Australia Limited
Investment Objective
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 Manager Strategy
Franklin Templeton Australia Limited is the Investment Manager.
Franklin Templeton has delegated day-to-day portfolio management of the Fund to Brandywine Global Investment Management LLC.
The Fund invests in an actively managed portfolio of global equity and equity-related securities.
Equity-related securities may include convertible securities (excluding contingent convertible securities), warrants, American Depositary Receipts (ADRs), Global Depositary Receipts (GDRs) and preferred stock.
The Fund may invest in securities issued by companies located in both developed and emerging markets.
The Fund may, from time to time, use derivatives to hedge foreign currency risk.
Benchmark
MSCI All Country World Index NR, in New Zealand dollar terms.
Further Information
Fund updates for previous quarters are available on the Disclose Register. Choose ‘Search for an offer’ and search for ‘Franklin Templeton Investment Funds’ as the Offer name at https://disclose-register.companiesoffice.govt.nz.
