Fact sheet: LM PerAltincStrg

Fund information
Fund name
Legg Mason Permal Alternative Income Strategy A Acc USD
Fund manager company
Legg Mason Global Funds Plc
Fund type
OEIC
Fund managers
  • Fadi Fattouhsince 25/08/2015
  • Christopher Zuehlsdorffsince 25/08/2015
Fund objective
The Fund seeks to provide total return comprised of capital appreciation and income through a multimanager, multi-strategy, that allocates its assets to a select group of discretionary Sub-Advisers
Benchmark
  • HFRX Global Hedge Fund Index EUR
Investment style
Multi Strategy
Investment method
Mixed
Quick stats
1 Year return
1.8%
1 Year rank in sector
24/123
Sector
FO Hedge/Stru Prod - Mixed
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.
3.15%
Fund size
£342m (£348m last year)
Top in this sector
Fund name1 Year
LFIS VisionPremiaOpps18.7%
Castellain Value17.6%
Avia Altus14.6%
Garraway Garr FT11.1%
Nordea 1 Alpha 1510.6%
...more in FO Hedge/Stru Prod - Mixed

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.5%1%2.5%1.8%--
Sector-0.5%-1.2%-0.2%-2.1%3.2%6.9%
Rank within sector33 / 11620 / 14025 / 13724 / 123--
Quartile2nd1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund3.7%----
Sector-1.3%-0.6%5.1%1.4%1.9%
Rank within sector22 / 124----
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 high100.86
52 week low97.06
Current bid price-
Current offer price-
Current mid price100.82
Region
1North America43.49%
2Europe35.78%
3Asia Pacific7.55%
4Latin America6.8%
5Japan5.08%
6China0.76%
7Europe & Middle East0.54%
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
Legg Mason
Fund manager company
Legg Mason Global Funds Plc
Fund type
OEIC
Fund objective
The Fund seeks to provide total return comprised of capital appreciation and income through a multimanager, multi-strategy, that allocates its assets to a select group of discretionary Sub-Advisers
Benchmark
  • HFRX Global Hedge Fund Index EUR
Investment style
Multi Strategy
Investment method
Mixed
Fund managers
NameSinceBiography
Fadi Fattouh25/08/2015
Christopher Zuehlsdorff25/08/2015Christopher Zuehlsdorff, Deputy Chief Investment Officer and Portfolio Manager, Permal Asset Management Inc. Mr. Zuehlsdorff joined the Permal Group as a Senior Financial Analyst in 2003 with the responsibility for discovering and screening both potential and existing investment managers. Mr. Zuehlsdorff is Deputy CIO and manages the Permal MMF (Lux) Natural Resources Fund, Legg Mason Permal Global Absolute Fund and Legg Mason Permal Tactical Allocation Fund. Prior to joining the Permal Group, Mr. Zuehlsdorff was an IT consultant at Computer Sciences Corporation. He is a CFA charter holder. Mr. Zuehlsdorff graduated with an M.B.A. in Finance and Aounting from Carnegie Mellon University. He also received a B.A. in Economics and Mathematics from Saint Olaf College.
Compliance
Transparent for Austrian Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Germany, Spain, France, United Kingdom, Ireland, Luxembourg, Netherlands, Offshore, Portugal, Singapore
Legg Mason Permal Alternative Income Strategy A Acc USD
Initial charge5%
Annual charge2.25%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)3.15%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.82
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMU3S
Legg Mason Permal Alternative Income Strategy A Hedged Acc EUR
Initial charge5%
Annual charge2.25%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)2.97%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price99.52
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMU3Q
Legg Mason Permal Alternative Income Strategy A Plus (Q) Hedged EUR
Initial charge5%
Annual charge2.25%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)2.88%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price99.39
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMU3R
Legg Mason Permal Alternative Income Strategy A plus (Q) USD
Initial charge5%
Annual charge2.25%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)3.15%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.82
CurrencyUSD
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMU3T
Legg Mason Permal Alternative Income Strategy A plus (e) (M) Inc EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.8%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price107.59
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeN8FP
Legg Mason Permal Alternative Income Strategy E Acc USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)3.4%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.64
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE4TT
Legg Mason Permal Alternative Income Strategy Premier Acc USD
Initial charge-
Annual charge1.65%
Min single investment£10,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)2.45%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.78
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMU3W
Legg Mason Permal Alternative Income Strategy Premier Hedged Acc EUR
Initial charge-
Annual charge1.65%
Min single investment£10,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)2.45%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.43
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMU3U
Legg Mason Permal Alternative Income Strategy Premier Plus (Q) Hedged EUR
Initial charge-
Annual charge1.65%
Min single investment£10,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)2.45%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.8
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeMU3V
Legg Mason Permal Alternative Income Strategy Premier Plus (Q) USD
Initial charge-
Annual charge1.65%
Min single investment£10,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)2.45%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.79
CurrencyUSD
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeMU3X
Legg Mason Permal Alternative Income Strategy R Acc USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.73%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price103.34
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN7FG
Legg Mason Permal Alternative Income Strategy R Hedged Acc EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.69%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price102.27
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN7FE
Legg Mason Permal Alternative Income Strategy R Plus (Q) Hedged Inc EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.7%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price102.49
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeN7FF
Legg Mason Permal Alternative Income Strategy R Plus (Q) Inc USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.73%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price103.22
CurrencyUSD
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeN7FH
Legg Mason Permal Alternative Income Strategy S Acc USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price102.07
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMU7P
Legg Mason Permal Alternative Income Strategy S Hedged Acc EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.11
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMU7M
Legg Mason Permal Alternative Income Strategy S Plus (Q) Hedged Inc EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price98.59
CurrencyEUR
Price updated18/08/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeMU7N
Legg Mason Permal Alternative Income Strategy S Plus (Q) Inc USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.31
CurrencyUSD
Price updated18/08/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeMU7O
Legg Mason Permal Alternative Income Strategy X Hedged Acc EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.55%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price102.76
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE4TU
Data provided by

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