Fact sheet: LM WA US Mny Mkt

Fund information
Fund name
Legg Mason Western Asset US Money Market C(D) Dis USD
Fund manager company
Legg Mason Global Funds Plc
Fund type
OEIC
Fund manager
  • Western Asset Management Cosince 29/02/2004
Fund objective
The Fund aims to maintain the principal of the Fund and provide a return in line with money market rates by investing at least two-thirds of its Net Asset Value in Money Market Instruments denominated in US Dollars and issued by US Issuers. The Sub-Investment Manager will invest at least 95% of the Fund's Net Asset Value in investments that are rated A-1 or higher. The Fund will limit the Weighted Average Life of its portfolio to 120 days or less.
Benchmark
  • Citigroup US treasury Bill 1 month
Investment style
None
Investment method
Short Dated Bonds
Quick stats
1 Year return
0%
1 Year rank in sector
41/56
Sector
FO Currency - US Dollar
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.
0.38%
Fund size
£1,177m (£1,016m 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.
75
Top in this sector
Fund name1 Year
Schroder ISF USD Lq2.4%
BlackRock ICSInt$UlStBd1%
CMI US Dollar Currency Reserve0.8%
Hume Caut MA $0.8%
Amundi Cash USD0.8%
...more in FO Currency - US Dollar

Performance snapshot

Holdings snapshot

  • USA100%
  • Commercial Paper66.8%
    Certificates of Deposit31.5%
    Investment Grade Corporate Bonds0.8%
    Time Deposits0.8%
    Money Market0.2%
  • Money Market100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0%0%0%0%0.1%0.2%
Sector0.1%0.2%0.2%0.4%0.4%0.7%
Rank within sector40 / 5940 / 5942 / 5841 / 5633 / 5031 / 47
Quartile3rd3rd3rd3rd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund0%0%0%0%0%
Sector0.3%0.1%-0%-0.1%0.4%
Rank within sector41 / 5625 / 5319 / 5020 / 4925 / 47
Quartile3rd2nd2nd2nd3rd
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.
0.03
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.
-
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.
0.08
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.
-1.29
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.
0.02
Price movement
52 week high1
52 week low1
Current bid price-
Current offer price-
Current mid price1
Region
1USA100%
Industry sector
1Commercial Paper66.8%
2Certificates of Deposit31.46%
3Investment Grade Corporate Bonds0.82%
4Time Deposits0.75%
5Money Market0.17%
Asset type
1Money Market100%
Individual holdings
1FEDERAL HOME LOAN BANKS NTS 14/10/16 USD10000.78%
2FEDERAL HOME LOAN MORTGAGE CORP 0% NTS 14/12/16 USD10000.08%
Management
Fund manager group
Legg Mason
Fund manager company
Legg Mason Global Funds Plc
Fund type
OEIC
Fund objective
The Fund aims to maintain the principal of the Fund and provide a return in line with money market rates by investing at least two-thirds of its Net Asset Value in Money Market Instruments denominated in US Dollars and issued by US Issuers. The Sub-Investment Manager will invest at least 95% of the Fund's Net Asset Value in investments that are rated A-1 or higher. The Fund will limit the Weighted Average Life of its portfolio to 120 days or less.
Benchmark
  • Citigroup US treasury Bill 1 month
Investment style
None
Investment method
Short Dated Bonds
Fund manager
NameSinceBiography
Western Asset Management Co29/02/2004Western Asset Management focuses primarily on the management of fixed income portfolios, taking a fundamental approach to money management that is continually fine-tuned and adapted to changing conditions. When making investment decisions, Western Asset focuses on areas such as sector allocation, issue selection, duration weighting and maturity.
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, Switzerland, China, Germany, Spain, Finland, France, United Kingdom, Greece, Hong Kong, Ireland, Italy, Luxembourg, Macau, Netherlands, Norway, Offshore, Singapore, Sweden, Taiwan - Province Of China
Legg Mason Western Asset US Money Market A Acc USD
Initial charge5%
Annual charge0.8%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)0.48%
Total expense ratio (TER)0.26%
Bid price-
Offer price-
Mid price105.69
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeCTZ4
Legg Mason Western Asset US Money Market A(D) Dis USD
Initial charge5%
Annual charge0.8%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)0.38%
Total expense ratio (TER)0.25%
Bid price-
Offer price-
Mid price1
CurrencyUSD
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeUQ37
Legg Mason Western Asset US Money Market A(G) Acc
Initial charge5%
Annual charge0.8%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)0.4%
Total expense ratio (TER)0.26%
Bid price-
Offer price-
Mid price105.91
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeX810
Legg Mason Western Asset US Money Market A(G) Dis
Initial charge5%
Annual charge0.8%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)0.39%
Total expense ratio (TER)0.27%
Bid price-
Offer price-
Mid price1
CurrencyUSD
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeX813
Legg Mason Western Asset US Money Market A(M) Dis USD
Initial charge5%
Annual charge0.8%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.33%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1
CurrencyUSD
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMP9L
Legg Mason Western Asset US Money Market B Acc USD
Initial charge-
Annual charge1.05%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)0.47%
Total expense ratio (TER)0.25%
Bid price-
Offer price-
Mid price102.55
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeCTZ5
Legg Mason Western Asset US Money Market B(D) Dis USD
Initial charge-
Annual charge1.05%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)0.44%
Total expense ratio (TER)0.27%
Bid price-
Offer price-
Mid price1
CurrencyUSD
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeUQ38
Legg Mason Western Asset US Money Market C Acc USD
Initial charge-
Annual charge1.3%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)0.5%
Total expense ratio (TER)0.26%
Bid price-
Offer price-
Mid price102.03
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeCTZ6
Legg Mason Western Asset US Money Market C(D) Dis USD
Initial charge-
Annual charge1.3%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)0.38%
Total expense ratio (TER)0.23%
Bid price-
Offer price-
Mid price1
CurrencyUSD
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeUQ39
Legg Mason Western Asset US Money Market L(G) Dis
Initial charge-
Annual charge0.8%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.4%
Total expense ratio (TER)0.27%
Bid price-
Offer price-
Mid price1
CurrencyUSD
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeX811
Data provided by

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