Fact sheet: LM CB US App

Fund information
Fund name
Legg Mason ClearBridge US Appreciation X(A) Dis USD
Fund manager company
Legg Mason Global Funds Plc
Fund type
OEIC
Fund managers
  • Scott K Glassersince 19/04/2007
  • Mike Kagansince 05/08/2009
Fund objective
The Fund seeks to generate long-term capital appreciation by investing at least 70% of its Net Asset Value in equity securities of medium and large, but may also invest in small, capitalisation U.S. companies. The Sub-Investment Manager will look for growth and value stocks, mainly of blue-chip companies dominant in their industries.
Benchmark
  • S&P 500
Investment style
Concentrated
Investment method
Shares
Quick stats
1 Year return
3.7%
1 Year rank in sector
-
Sector
FO Equity - USA
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.
1.1%
Fund size
£256m (£320m 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.
105
Top in this sector
Fund name1 Year
Dodge & Cox US Stk38.7%
Hermes US SMID Equity35.6%
T. Rowe Price USLgeCapValEq34.8%
Oyster US Selection34.2%
T. Rowe Price US Sm CosEq33.5%
...more in FO Equity - USA

Performance snapshot

Holdings snapshot

  • USA95.8%
    Money Market4.3%
  • Information Technology21.5%
    Health Care15.6%
    Financials13.2%
    Consumer Discretionary11.3%
    Industrials9.7%
  • US Equities95.8%
    Cash & Cash Equivalents4.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund5.1%-0.3%2.6%3.7%21.9%72.3%
Sector5.6%1.4%4.8%5.6%19.7%67.4%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund6%0.6%10.2%27.5%14%
Sector6.5%-1.6%10.7%31.8%10.2%
Rank within sector-----
Quartile
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.
1.28
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.
0.85
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.
0.28
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%.
10.43
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.
4.94
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.
0.08
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.
0.81
Price movement
52 week high129.53
52 week low111.35
Current bid price-
Current offer price-
Current mid price128.72
Region
1USA95.75%
2Money Market4.25%
Industry sector
1Information Technology21.52%
2Health Care15.63%
3Financials13.24%
4Consumer Discretionary11.29%
5Industrials9.69%
6Consumer Staples9.42%
7Energy5.8%
8Cash & Cash Equivalents4.25%
9Materials3.76%
Asset type
1US Equities95.75%
2Cash & Cash Equivalents4.25%
Individual holdings
1MICROSOFT CORP3.94%
2COMCAST CORP(NEW)3.75%
3HOME DEPOT INC3.18%
4TRAVELERS COMPANIES INC3.01%
5APPLE INC2.69%
6PPG INDUSTRIES INC2.55%
7JOHNSON & JOHNSON2.51%
8BERKSHIRE HATHAWAY INC2.5%
9EXXON MOBIL CORP2.47%
Management
Fund manager group
Legg Mason
Fund manager company
Legg Mason Global Funds Plc
Fund type
OEIC
Fund objective
The Fund seeks to generate long-term capital appreciation by investing at least 70% of its Net Asset Value in equity securities of medium and large, but may also invest in small, capitalisation U.S. companies. The Sub-Investment Manager will look for growth and value stocks, mainly of blue-chip companies dominant in their industries.
Benchmark
  • S&P 500
Investment style
Concentrated
Investment method
Shares
Fund managers
NameSinceBiography
Scott K Glasser19/04/2007Scott is Co-Chief Investment Officer and a Portfolio Manager for the Appreciation strategy. He has 23 years of investment industry experience and is a member of ClearBridge's Management and Risk Committees. He previously served as co-director of research for ClearBridge and co-manager of the Dividend Strategy product. Prior to joining the firm, Scott was a credit analyst specializing in fixed income investments for Bear Stearns. In 1993, Scott joined the research department of predecessor organization Shearson Lehman Brothers as a consumer analyst and transitioned into a role as a portfolio manager one year later. Scott graduated from Middlebury College in Vermont where he received his BA in Political Science and Spanish. He earned his MBA in Finance from Pennsylvania State University.
Mike Kagan05/08/2009Michael has 24 years of investment industry experience. Michael previously was employed as an equity analyst for Zweig Advisors and was portfolio manager of the Fidelity Select Construction and Housing Fund at Fidelity Investments. Michael received his BA in Economics from Harvard College and attended the Massachusetts Institute of Technology Sloan School of Management.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Distributor Status, IA Recognised, Reporting Fund Status, UCITS IV Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
Austria, Belgium, Canada, Switzerland, Chile, China, Germany, Denmark, Spain, Finland, France, United Kingdom, Greece, Hong Kong, Ireland, Italy, Luxembourg, Macau, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden, Taiwan - Province Of China
Legg Mason ClearBridge US Appreciation A Acc EUR
Initial charge5%
Annual charge1.25%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.72%
Total expense ratio (TER)1.77%
Bid price-
Offer price-
Mid price222.32
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeCUB1
Legg Mason ClearBridge US Appreciation A Acc USD
Initial charge5%
Annual charge1.25%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.72%
Total expense ratio (TER)1.75%
Bid price-
Offer price-
Mid price163.34
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeX757
Legg Mason ClearBridge US Appreciation A(A) Dis USD
Initial charge5%
Annual charge1.25%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.72%
Total expense ratio (TER)1.75%
Bid price-
Offer price-
Mid price163.21
CurrencyUSD
Price updated05/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeX756
Legg Mason ClearBridge US Appreciation A(G) USD
Initial charge5%
Annual charge1.25%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.37%
Total expense ratio (TER)1.42%
Bid price-
Offer price-
Mid price168
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeX760
Legg Mason ClearBridge US Appreciation B Acc USD
Initial charge-
Annual charge1.75%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)2.23%
Total expense ratio (TER)2.25%
Bid price-
Offer price-
Mid price151.96
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeCUB2
Legg Mason ClearBridge US Appreciation B(A) Dis USD
Initial charge-
Annual charge1.75%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)2.22%
Total expense ratio (TER)2.25%
Bid price-
Offer price-
Mid price155.65
CurrencyUSD
Price updated05/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeX755
Legg Mason ClearBridge US Appreciation B(G) USD
Initial charge-
Annual charge1.75%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.87%
Total expense ratio (TER)1.92%
Bid price-
Offer price-
Mid price160.08
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeX759
Legg Mason ClearBridge US Appreciation C Acc USD
Initial charge-
Annual charge1.75%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)2.22%
Total expense ratio (TER)2.25%
Bid price-
Offer price-
Mid price152.02
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeCUB3
Legg Mason ClearBridge US Appreciation C(A) Dis USD
Initial charge-
Annual charge1.75%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)2.22%
Total expense ratio (TER)2.25%
Bid price-
Offer price-
Mid price155.65
CurrencyUSD
Price updated05/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeX754
Legg Mason ClearBridge US Appreciation E (A) Dis USD
Initial charge2.5%
Annual charge2%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)2.47%
Total expense ratio (TER)2.52%
Bid price-
Offer price-
Mid price179.18
CurrencyUSD
Price updated05/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeI7T5
Legg Mason ClearBridge US Appreciation E Acc USD
Initial charge2.5%
Annual charge2%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)2.47%
Total expense ratio (TER)2.52%
Bid price-
Offer price-
Mid price179.08
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI7T4
Legg Mason ClearBridge US Appreciation F Acc USD
Initial charge-
Annual charge1%
Min single investment£5,000,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)1.13%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price148.01
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM5AX
Legg Mason ClearBridge US Appreciation F(A) Dis USD
Initial charge-
Annual charge1%
Min single investment£5,000,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)1.12%
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price199.11
CurrencyUSD
Price updated05/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeIBG6
Legg Mason ClearBridge US Appreciation GA Acc EUR
Initial charge-
Annual charge1.42%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.54%
Total expense ratio (TER)1.6%
Bid price-
Offer price-
Mid price227.47
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeCG15
Legg Mason ClearBridge US Appreciation GA Acc USD
Initial charge5%
Annual charge1.42%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.54%
Total expense ratio (TER)1.59%
Bid price-
Offer price-
Mid price170.27
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeCG16
Legg Mason ClearBridge US Appreciation GA Dis EUR
Initial charge-
Annual charge1.42%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.54%
Total expense ratio (TER)1.6%
Bid price-
Offer price-
Mid price226.76
CurrencyEUR
Price updated05/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeCG14
Legg Mason ClearBridge US Appreciation GE Acc EUR
Initial charge-
Annual charge2.17%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.29%
Total expense ratio (TER)2.35%
Bid price-
Offer price-
Mid price218.1
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeCD94
Legg Mason ClearBridge US Appreciation GE Acc USD
Initial charge-
Annual charge2.17%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.3%
Total expense ratio (TER)2.35%
Bid price-
Offer price-
Mid price163.41
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeCE81
Legg Mason ClearBridge US Appreciation GP Acc USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.13%
Total expense ratio (TER)0.18%
Bid price-
Offer price-
Mid price184.09
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeXH02
Legg Mason ClearBridge US Appreciation L(G) USD
Initial charge-
Annual charge1.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.87%
Total expense ratio (TER)1.92%
Bid price-
Offer price-
Mid price160.13
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeX758
Legg Mason ClearBridge US Appreciation Premier Acc EUR
Initial charge-
Annual charge0.63%
Min single investment£30,000,000
Min regular saving£5,000,000
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)0.92%
Bid price-
Offer price-
Mid price232.24
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJYF7
Legg Mason ClearBridge US Appreciation Premier Acc USD
Initial charge-
Annual charge0.63%
Min single investment£30,000,000
Min regular saving£5,000,000
Available in ISANo
Ongoing charge (OCF)0.76%
Total expense ratio (TER)0.92%
Bid price-
Offer price-
Mid price199.37
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeESH7
Legg Mason ClearBridge US Appreciation Premier(A) Dis USD
Initial charge-
Annual charge0.63%
Min single investment£30,000,000
Min regular saving£5,000,000
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)0.92%
Bid price-
Offer price-
Mid price240.39
CurrencyUSD
Price updated05/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF5B2
Legg Mason ClearBridge US Appreciation X Acc EUR
Initial charge-
Annual charge0.63%
Min single investment£3,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)1.1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price163.99
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeBMPS
Legg Mason ClearBridge US Appreciation X(A) Dis USD
Initial charge-
Annual charge0.63%
Min single investment£3,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)1.1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price128.72
CurrencyUSD
Price updated05/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeBMPT
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.