Fact sheet: LM As LgTm Uncd

Fund information
Fund name
Legg Mason Martin Currie Asia Long Term Unconstrained M GBP
Fund manager company
Legg Mason Global Funds Plc
Fund type
OEIC
Fund managers
  • Paul Danessince 01/04/2013
  • Andrew Grahamsince 16/05/2012
Fund objective
To capture Asian GDP (gross domestic product) growth and provide an attractive risk/return profile in an historically volatile market using a long only equity strategy.
Benchmark
  • Unconstrained
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
28.9%
1 Year rank in sector
26/173
Sector
FO Equity - Asia Pacific ex Japan
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
1.2%
Fund size
£141m (£177m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
97
Top in this sector
Fund name1 Year
TT International Asia Pac Eq51.3%
Baring ASEAN Frontiers47.8%
Fidelity Asn Spec Sits46.4%
Matthews Asia Pacific Tiger44.7%
Fidelity Asia Focus42.7%
...more in FO Equity - Asia Pacific ex Japan

Performance snapshot

Holdings snapshot

  • Hong Kong28.7%
    India16.9%
    China14.5%
    Singapore9.4%
    Korea6.5%
  • Information Technology26.2%
    Financials21.6%
    Consumer Discretionary20.5%
    Telecommunications Utilities8.8%
    Industrials6.3%
  • Hong Kong Equities28.7%
    Indian Equities16.9%
    Chinese Equities14.5%
    Singapore Equities9.4%
    South Korean Equities6.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.9%14.6%19.6%28.9%25.4%-
Sector1.8%12.3%13.8%18.2%12.9%40.8%
Rank within sector37 / 17951 / 17923 / 17826 / 17336 / 151-
Quartile1st2nd1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund22.3%-6.5%8.9%6.9%-
Sector12.7%-6.8%5.5%3.3%19.7%
Rank within sector21 / 17486 / 16655 / 15648 / 142-
Quartile1st3rd2nd2nd
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
3.62
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
0.77
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
0.32
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
13.75
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
9.37
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
0.22
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.57
Price movement
52 week high14.84
52 week low11.04
Current bid price-
Current offer price-
Current mid price14.71
Region
1Hong Kong28.68%
2India16.93%
3China14.46%
4Singapore9.41%
5Korea6.53%
6Taiwan6.53%
7Money Market5.84%
8Malaysia3.98%
9Thailand3.86%
Industry sector
1Information Technology26.19%
2Financials21.63%
3Consumer Discretionary20.53%
4Telecommunications Utilities8.8%
5Industrials6.27%
6Cash & Cash Equivalents5.84%
7Utilities5.6%
8Consumer Staples5.15%
Asset type
1Hong Kong Equities28.68%
2Indian Equities16.93%
3Chinese Equities14.46%
4Singapore Equities9.41%
5South Korean Equities6.53%
6Taiwanese Equities6.53%
7Money Market5.84%
8Malaysian Equities3.98%
9Thai Equities3.86%
Individual holdings
1AIA GROUP LTD7.68%
2INFOSYS LTD6.62%
3TAIWAN SEMICONDUCTOR MANUFACTURING6.53%
4CHINA MOBILE LTD5.65%
5TENCENT HLDGS LTD5.34%
6TATA CONSULTANCY SERVICES5.23%
7HERO MOTOCORP LTD4.84%
8HERO MOTOCORP LTD4.84%
9HSBC HLDGS4.66%
Management
Fund manager group
Legg Mason
Fund manager company
Legg Mason Global Funds Plc
Fund type
OEIC
Fund objective
To capture Asian GDP (gross domestic product) growth and provide an attractive risk/return profile in an historically volatile market using a long only equity strategy.
Benchmark
  • Unconstrained
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Paul Danes01/04/2013Paul is the co-manager of our Asia portfolios, including the Martin Currie Asia Pacific and Asia Long-Term Unconstrained funds. He joined Martin Currie in 2007, initially working with our Japan team before joining the Asia team in 2011. In 2012, Paul moved to Singapore as chief executive officer of our Asian subsidiary, Martin Currie Asia Pte Ltd, where, in addition to his portfolio-management duties, he conducts local research for Asian markets. Before joining Martin Currie, Paul held portfolio-management roles with Nordea Investment Funds in Luxembourg and Deutsche Asset Management in London and Tokyo.
Andrew Graham16/05/2012Andrew joined Martin Currie in 2010 and heads our Asia team. He is lead manager of the Martin Currie Asia Pacific and Asia Long-Term Unconstrained funds alongside the Martin Currie Pacific Trust. He joined us from Sofaer Global Research, bringing with him over 20 years’ experience of managing Asia-Pacific equities. At Sofaer, where he was a partner, Andrew managed the company’s Japan absolute return fund and co-managed its Pacific-region absolute return fund. Prior to this he spent five years as senior vice president at Putnam Investments, where he co-managed its International Capital Opportunities Fund, focusing particularly on the Asia-Pacific region. Earlier in his career Andrew held portfolio management roles at both Scottish Widows Investment Partnership and Kemper Investment Management.
Compliance
Transparent for Austrian Tax, IA Recognised, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Spain, Finland, France, United Kingdom, Ireland, Luxembourg, Netherlands, Offshore, Singapore
Legg Mason Martin Currie Asia Long Term Unconstrained A Acc USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.96%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price108.43
CurrencyUSD
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN3LX
Legg Mason Martin Currie Asia Long Term Unconstrained E Acc USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.71%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price107.96
CurrencyUSD
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN3LY
Legg Mason Martin Currie Asia Long Term Unconstrained F Acc USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.36%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price108.62
CurrencyUSD
Price updated28/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN3LZ
Legg Mason Martin Currie Asia Long Term Unconstrained M EUR
Initial charge5%
Annual charge1%
Min single investment£100,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)1.2%
Total expense ratio (TER)1.5%
Bid price-
Offer price-
Mid price13.72
CurrencyEUR
Price updated28/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code11QE
Legg Mason Martin Currie Asia Long Term Unconstrained M GBP
Initial charge5%
Annual charge1%
Min single investment£100,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)1.2%
Total expense ratio (TER)1.49%
Bid price-
Offer price-
Mid price14.71
CurrencyGBP
Price updated28/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code11QF
Legg Mason Martin Currie Asia Long Term Unconstrained M USD
Initial charge5%
Annual charge1%
Min single investment£100,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)1.2%
Total expense ratio (TER)1.46%
Bid price-
Offer price-
Mid price11.95
CurrencyUSD
Price updated28/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code11QD
Data provided by

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