Fact sheet: LM Royce US Sm Cos

Fund information
Fund name
Legg Mason Royce US Smaller Companies A(A) Dis USD
Fund manager company
Legg Mason Global Funds Plc
Fund type
OEIC
Fund managers
  • Ms. Lauren Romeosince 01/01/2010
Fund objective
The Fund seeks to achieve long-term capital appreciation by investing at least two-thirds of its Net Asset Value in equity securities issued by mid- and small-cap US companies with stock market capitalisations of less than US$5 billion.
Benchmark
  • Russell 2000
Investment style
Total Return,Concentrated
Investment method
Shares
Quick stats
1 Year return
17.9%
1 Year rank in sector
7/31
Sector
FO Equity - Small Cap 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.
1.98%
Fund size
£215m (£203m 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.
128
Top in this sector
Fund name1 Year
GS US Sml Cap CORE Eq Pfl40.6%
SEI US Sm Cos35.5%
LM Royce US SCapOpp25.4%
RBC (Lux) USSMCapEq23.8%
Dimensional US Small Cos21.6%
...more in FO Equity - Small Cap USA

Performance snapshot

Holdings snapshot

  • USA93.8%
    Money Market6.3%
  • Industrials22%
    Information Technology20.1%
    Consumer Discretionary15.8%
    Financials13.8%
    Cash & Cash Equivalents6.3%
  • US Equities93.8%
    Cash & Cash Equivalents6.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund14.7%10.5%14.8%17.9%10.4%48.5%
Sector12%6%12.9%14.3%21.8%82.5%
Rank within sector6 / 346 / 349 / 327 / 3122 / 2524 / 24
Quartile1st1st2nd1st4th4th
Calendar performance
 YTD - 20162015201420132012
Fund23.1%-12.6%-0.7%26.5%11.6%
Sector17.9%-4.1%4.8%37.9%11.8%
Rank within sector7 / 3125 / 2721 / 2524 / 2516 / 24
Quartile1st4th4th4th3rd
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.
-3.72
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.
1.01
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
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%.
15.47
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.
6
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.
-0.63
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.
0.85
Price movement
52 week high257.29
52 week low184.84
Current bid price-
Current offer price-
Current mid price260.6
Region
1USA93.75%
2Money Market6.25%
Industry sector
1Industrials21.96%
2Information Technology20.07%
3Consumer Discretionary15.75%
4Financials13.77%
5Cash & Cash Equivalents6.25%
6Consumer Staples6.23%
7Health Care5.47%
8Energy4.95%
9Real Estate2.79%
Asset type
1US Equities93.75%
2Cash & Cash Equivalents6.25%
Individual holdings
1MARCUS & MILLICHAP INC2.93%
2GENWORTH MI CANADA INC2.92%
3LAZARD LTD2.88%
4GENTEX CORP2.67%
5FEDERATED INVESTORS INC2.66%
6J2 GLOBAL INC2.57%
7CALERES INC2.42%
8TRUEBLUE INC2.37%
9MINERALS TECHNOLOGIES INC2.32%
Management
Fund manager group
Legg Mason
Fund manager company
Legg Mason Global Funds Plc
Fund type
OEIC
Fund objective
The Fund seeks to achieve long-term capital appreciation by investing at least two-thirds of its Net Asset Value in equity securities issued by mid- and small-cap US companies with stock market capitalisations of less than US$5 billion.
Benchmark
  • Russell 2000
Investment style
Total Return,Concentrated
Investment method
Shares
Fund managers
NameSinceBiography
Ms. Lauren Romeo01/01/2010Ms. Romeo has been associated with the Legg Mason Royce Smaller Companies Fund as a Portfolio Manager since 2009, and prior, as an analyst. Ms. Romeo joined the firm in 2004. Previously, she was a Portfolio Manager at Dalton Greiner, Hartman & Maher (since 2001), an Analyst with Legg Mason Funds Management (2000- 2001), and an Analyst with T. Rowe Price Group (1996-2000). Ms. Romeo holds a bachelor’s degree from the University of Notre Dame and a Masters of Business Administration from the Wharton School of the University of Pennsylvania.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Distributor Status, 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, Republic Of Korea, Luxembourg, Macau, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden, Taiwan - Province Of China
Legg Mason Royce US Smaller Companies A Acc EUR
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.98%
Total expense ratio (TER)2.01%
Bid price-
Offer price-
Mid price250.28
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDKI3
Legg Mason Royce US Smaller Companies A Acc USD
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.99%
Total expense ratio (TER)1.99%
Bid price-
Offer price-
Mid price153.76
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDGC2
Legg Mason Royce US Smaller Companies A Hedged Acc EUR
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.99%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price123.15
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJE9O
Legg Mason Royce US Smaller Companies A Hedged Acc SEK
Initial charge5%
Annual charge1.5%
Min single investment£65,000
Min regular saving£3,250
Available in ISANo
Ongoing charge (OCF)2.02%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price128.2
CurrencySEK
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI94E
Legg Mason Royce US Smaller Companies A Hedged Inc EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.98%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price107.65
CurrencyEUR
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNMPO
Legg Mason Royce US Smaller Companies A(A) Dis EUR
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.98%
Total expense ratio (TER)1.96%
Bid price-
Offer price-
Mid price178.11
CurrencyEUR
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMWP0
Legg Mason Royce US Smaller Companies A(A) Dis GBP
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.98%
Total expense ratio (TER)2.01%
Bid price-
Offer price-
Mid price244.11
CurrencyGBP
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeHKO2
Legg Mason Royce US Smaller Companies A(A) Dis USD
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.98%
Total expense ratio (TER)2.01%
Bid price-
Offer price-
Mid price260.6
CurrencyUSD
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeUQ45
Legg Mason Royce US Smaller Companies A(G) Acc USD
Initial charge5%
Annual charge1.25%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.39%
Total expense ratio (TER)1.4%
Bid price-
Offer price-
Mid price166.35
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeX790
Legg Mason Royce US Smaller Companies B Acc USD
Initial charge-
Annual charge2%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)2.5%
Total expense ratio (TER)2.49%
Bid price-
Offer price-
Mid price153.95
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDGC3
Legg Mason Royce US Smaller Companies B(A) Dis USD
Initial charge-
Annual charge2%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)2.48%
Total expense ratio (TER)2.51%
Bid price-
Offer price-
Mid price244.61
CurrencyUSD
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeUQ46
Legg Mason Royce US Smaller Companies C Acc USD
Initial charge-
Annual charge2%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)2.49%
Total expense ratio (TER)2.49%
Bid price-
Offer price-
Mid price153.92
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDGC4
Legg Mason Royce US Smaller Companies C(A) Dis USD
Initial charge-
Annual charge2%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)2.49%
Total expense ratio (TER)2.51%
Bid price-
Offer price-
Mid price243.43
CurrencyUSD
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeUQ47
Legg Mason Royce US Smaller Companies E (A) Dis USD
Initial charge2.5%
Annual charge2.25%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)2.74%
Total expense ratio (TER)2.75%
Bid price-
Offer price-
Mid price167.59
CurrencyUSD
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeI7T9
Legg Mason Royce US Smaller Companies E Acc EUR
Initial charge2.5%
Annual charge2.25%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)2.73%
Total expense ratio (TER)2.78%
Bid price-
Offer price-
Mid price167.4
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNGH2
Legg Mason Royce US Smaller Companies E Acc USD
Initial charge2.5%
Annual charge2.25%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)2.72%
Total expense ratio (TER)2.75%
Bid price-
Offer price-
Mid price167.61
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI7T7
Legg Mason Royce US Smaller Companies F Acc USD
Initial charge-
Annual charge1.25%
Min single investment£5,000,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)1.38%
Total expense ratio (TER)1.41%
Bid price-
Offer price-
Mid price183.81
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI7T8
Legg Mason Royce US Smaller Companies F(A) Dis USD
Initial charge-
Annual charge1.25%
Min single investment£5,000,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)1.38%
Total expense ratio (TER)1.41%
Bid price-
Offer price-
Mid price197.19
CurrencyUSD
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeIBG5
Legg Mason Royce US Smaller Companies L(G) Acc USD
Initial charge-
Annual charge1.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.88%
Total expense ratio (TER)1.91%
Bid price-
Offer price-
Mid price158.45
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeX788
Legg Mason Royce US Smaller Companies Premier (A) Dis GBP
Initial charge5%
Annual charge0.75%
Min single investment£15,000,000
Min regular saving£2,500,000
Available in ISANo
Ongoing charge (OCF)0.9%
Total expense ratio (TER)1.17%
Bid price-
Offer price-
Mid price177.86
CurrencyGBP
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeACKY
Legg Mason Royce US Smaller Companies Premier (A) Dis USD
Initial charge-
Annual charge0.75%
Min single investment£30,000,000
Min regular saving£5,000,000
Available in ISANo
Ongoing charge (OCF)0.89%
Total expense ratio (TER)1.17%
Bid price-
Offer price-
Mid price139.95
CurrencyUSD
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeN9D1
Legg Mason Royce US Smaller Companies Premier Acc USD
Initial charge-
Annual charge0.75%
Min single investment£30,000,000
Min regular saving£5,000,000
Available in ISANo
Ongoing charge (OCF)0.88%
Total expense ratio (TER)1.15%
Bid price-
Offer price-
Mid price195.62
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeHTD9
Legg Mason Royce US Smaller Companies Premier(Hedged) Acc PLN
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.89%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price120.31
CurrencyPLN
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMTRH
Legg Mason Royce US Smaller Companies R Acc USD
Initial charge-
Annual charge1%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.48%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price108.49
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKPLP
Legg Mason Royce US Smaller Companies X Acc USD
Initial charge-
Annual charge0.75%
Min single investment£3,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)1.23%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price131.82
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeIAGW
Legg Mason Royce US Smaller Companies X(A) Dis USD
Initial charge-
Annual charge0.75%
Min single investment£3,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)1.24%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price120.8
CurrencyUSD
Price updated07/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeBMPU
Data provided by

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