Category: Open Ended Investment Company
Objective The fund's goal is to achieve income and growth of the fund's value. Investment Policy B The fund will invest mostly in bonds issued by governments and corporations. B The fund may invest anywhere in the world, including developing countries. B The fund may invest in higher rated and lower rated bonds, with a minimum of 40% of the fund's assets in higher rated bonds, and may be issued in various currencies. B The fund may invest in asset-backed securities, which are bonds that provide the bondholder with regular payments dependent on the cash-flow arising from a specified pool of assets such as interest and capital from mortgages or car loans. B The fund may invest in derivatives, financial instruments whose value is derived from the value of other assets, to help try to achieve the fund's objective as well as to reduce risk or cost or to generate additional growth or income for the fund. Manager's Discretion: The fund manager has discretion in selecting investments within the fund's objective and investment policies. Fund's Base Currency: US Dollar Share Class Currency: US Dollar Transaction Costs: The fund bears costs in buying and selling investments, which may have a material impact on the fund's performance. Dealing Frequency: You can buy, sell and switch your shares on each day that the New York Stock Exchange is open for business. Minimum Initial Investment: For this share class the minimum initial investment is USD 1,000. Treatment of Income: Income and gains from the fund's investments are not paid but instead are reflected in the fund's share price.
Closing Price 05/12/2019 | 162.86 |
Morningstar category | Global Flexible Bond |
Currency | USD |
Distribution status | Accumulating |
ISIN | IE00B19Z3V48 |
Inception Date | 09/05/2007 |
Minimum initial amount | 100.00 USD |
Entry fee | None |
Purchase charge | 0.5% (subject to minimum) |
Custody fee | None |
Exit fee | None |
Sale charge | None |
Ongoing charge | 1.34% of which 0.55% is paid by the Fund Manager to MeDirect |
Address | Legg Mason Investments (Ireland) Limited Arthur Cox Building, Earlsfort Terrace Dublin Ireland |
Manager Name | Not Disclosed |
Manager Start Date | 30/08/2002 |
Total Net Assets (mil) | 657.02 USD (30/11/2019) |
UCITS | Yes |
Administrator | BNY Mellon Fund Services (Ireland) Designated Activity Company |
en 19/07/2019 |
en 22/03/2019 |
en 28/02/2019 |
en 31/08/2019 |
06/12/2019 |
Period | Annualised return | Date |
1 year | 10.38% | 05/12/2019 |
3 years | 4.38% | 05/12/2019 |
5 years | 3.25% | 05/12/2019 |
10 years | 3.58% | 05/12/2019 |
Since launch | 3.95% | 05/12/2019 |
Performance | |
YTD 01/01/2019 | 10.26% |
1 month | 0.19% |
3 months | 1.10% |
6 months | 3.77% |
Q 1 | Q 2 | Q 3 | Q 4 | |
2019 | 5.04% | 3.82% | 0.23% | - |
2018 | -0.30% | -3.60% | -0.17% | -0.89% |
2017 | 2.97% | 2.19% | 1.57% | -0.19% |
2016 | 3.62% | 4.62% | 3.22% | -0.25% |
2015 | 2.48% | -1.39% | -4.91% | -1.43% |
% Long | % Short | % Net Assets | |
Stock | 0.10% | 0.00% | 0.10% |
Bond | 82.00% | 0.14% | 81.86% |
Cash | 134.38% | 123.34% | 11.04% |
Other | 7.05% | 0.06% | 6.99% |
Risk Measurement | 1 Year | 3 Years | 5 Years |
Standard Deviation | 4.43 | 3.94 | 5.02 |
Sharpe Ratio | 1.78 | 0.66 | 0.39 |
Sortino Ratio | 7.79 | 1.14 | 0.63 |
Positive Months | 10.00 | 26.00 | 38.00 |
Negative Months | 2.00 | 10.00 | 22.00 |
Worst Month | -0.82 | -2.04 | -2.51 |
Region | % |
United States | 0.10 |
Europe - Emerging | 0.00 |
Sector | % of Equity |
Energy | 0.09 |
Financial Services | 0.01 |
Industrials | 0.00 |
Holding | Sector | Country | % of Assets |
United States Treasury Notes 2.88% 31/10/2023 | United States | 4.96 | |
United States Treasury Notes 2.25% 15/11/2024 | United States | 3.89 | |
Mexico (United Mexican States) 7.75% | Mexico | 3.56 | |
Russian Federation 7.05% 19/01/2028 | Russia | 2.88 | |
Legg Mason WA US Hi Yld LM USD Dis(M) | Ireland | 2.62 | |
Legg Mason WA Euro Hi Yld LM EUR Acc | Ireland | 2.20 | |
Lm Wa China Bond Fund | United States | 1.85 | |
Mexico (United Mexican States) 7.5% 03/06/2027 | Mexico | 1.57 | |
Republic of Colombia 5.62% | Colombia | 1.57 | |
Indonesia (Republic of) 7% 15/05/2027 | Indonesia | 1.46 |
Ranking | 1 Year | 2 Years | 3 Years | 5 Years |
Top 25% | ||||
Category above the average | ||||
Category below the average | ||||
Bottom 25% |
Large | Interest Rate Sensitivity | |||
Mid | ||||
Small | ||||
Value | Blend | Growth | ||
Credit Quality |