Fact sheet: LM MC Aus Eq Inc

Fund information
Fund name
Legg Mason Martin Currie Australia Equity Income A Dis
Fund manager company
Legg Mason Global Funds Plc
Fund type
No data available.
Fund manager
No data available.
Fund objective
The Fund seeks to primarily provide income with a secondary objective of capital appreciation by investing at least 80% of its Net Asset Value in Australian domiciled securities.
Benchmark
No data available.
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
8.7%
1 Year rank in sector
3/9
Sector
FO Equity - Australia
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.
1.8%
Fund size
£1m (£1m 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.
139
Top in this sector
Fund name1 Year
State Street Aus Index Eq9.2%
Candriam Eqs L Aus8.7%
LM MC Aus Eq Inc8.7%
JPMorgan Australia4.1%
Fidelity Australia3.4%
...more in FO Equity - Australia

Performance snapshot

Holdings snapshot

  • Australia100.8%
    Money Market-0.8%
  • Financials42.4%
    Real Estate13.3%
    Utilities12.2%
    Consumer Staples9.3%
    Consumer Discretionary8.5%
  • Australian Equities100.8%
    Cash & Cash Equivalents-0.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund4.6%-2.2%2.2%8.7%--
Sector3.8%-1.5%-0.2%3.9%3.7%34.1%
Rank within sector4 / 95 / 93 / 93 / 9--
Quartile2nd3rd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund7.2%----
Sector1.4%-1.6%1.6%17.6%18.3%
Rank within sector1 / 9----
Quartile1st
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high103.18
52 week low87.67
Current bid price-
Current offer price-
Current mid price96.43
Region
1Australia100.8%
2Money Market-0.8%
Industry sector
1Financials42.35%
2Real Estate13.3%
3Utilities12.24%
4Consumer Staples9.32%
5Consumer Discretionary8.48%
6Telecommunications Utilities5.78%
7Industrials4.89%
8Materials2.94%
9Energy1.5%
Asset type
1Australian Equities100.8%
2Cash & Cash Equivalents-0.8%
Individual holdings
1INSURANCE AUSTRALIA GROUP5.97%
2AUSTRALIA & NEW ZEALAND BANKING GRP5.66%
3COMMONWEALTH BANK OF AUSTRALIA5.31%
4WESFARMERS5.06%
5WESTPAC BANKING CORP5.06%
6TELSTRA CORP LTD5.02%
7AMP LTD4.77%
8DUET GROUP4.16%
9VICINITY LIMITED STAPLED 1 UT 1 ORD3.94%
Management
Fund manager group
Legg Mason
Fund manager company
Legg Mason Global Funds Plc
Fund type
No data available.
Fund objective
The Fund seeks to primarily provide income with a secondary objective of capital appreciation by investing at least 80% of its Net Asset Value in Australian domiciled securities.
Benchmark
No data available.
Investment style
No data available.
Investment method
No data available.
Fund manager
No data available.
Compliance
UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Hong Kong, Ireland, Macau, Offshore, Singapore
Legg Mason Martin Currie Australia Equity Income A Dis
Initial charge5%
Annual charge1.3%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.8%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price96.43
CurrencyAUD
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMDRX
Data provided by

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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.