Global Government

Inception date Benchmark Total strategy assets Product literature
September 30, 1997 Citigroup World Government Bond ex-Japan Index $850.4M (As of November 2017)

NA

  • Highlights
  • Performance

Objective**

The strategy seeks to achieve an excess return commensurate with active risk that will typically range between 75 and 150 basis points versus the Citigroup World Government Bond Index ex-Japan (WGBI) or equivalent global government bond index over a full investment cycle.

Product highlights

  • The team's approach to global fixed-income investing seeks to efficiently track primary benchmark risks, while retaining the flexibility to emphasize what we believe are the most attractive strategies from a risk/return perspective across global term structure, currencies, and select high-quality non-government sectors
  • Dedicated team with diverse and complimentary backgrounds in global rates, macroeconomics, sovereign credit, international finance, and financial engineering
  • Ability to screen across multiple factor dimensions (term, real rates, volatility) and countries utilizing both fundamental and model-driven inputs

Investment team

Assets may include accounts that are not reflected in the composite.

**No assurance can be given that the investment objective will be achieved or that an investor will receive a return of all or part of his or her initial investment. Actual results could be materially different from the stated goals. Investors should carefully consider the risks involved before deciding to invest. See the product profile for a summary of risk considerations. As with any investment, there is a potential for profit as well as the possibility of loss.

Active risk targets are metrics presented for the purpose of communicating the intended risk profile of the investment opportunities that Putnam will pursue and are not intended to be projections of performance. The active risk target range is based on a number of assumptions and is subject to revision and may change materially with changes in underlying assumptions.