Fact sheet: LM Wst Ass Str Opps

Fund information
Fund name
Legg Mason Western Asset Structured Opportunities LM Acc USD
Fund manager company
Legg Mason Global Funds Plc
Fund type
OEIC
Fund manager
No data available.
Fund objective
The Fund seeks to maximise total return, consisting of income and capital appreciation by investing at least 65% of its Net Asset Value in mortgage-backed securities and asset-backed securities which are not issued or guaranteed by US government-sponsored entities or by agencies of the US government.
Benchmark
  • No Specified Index
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
12.3%
1 Year rank in sector
19/303
Sector
FO Fixed Int - Global
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.
0.12%
Fund size
£423m (£335m last year)
Top in this sector
Fund name1 Year
Capital Group GHIOL30.3%
Dodge & Cox Global Bond24.6%
LM WAHiYcrEn20.7%
BlueBay Fin Cap Bd18.5%
HSBC GIF Gbl AsBk Bd17.4%
...more in FO Fixed Int - Global

Performance snapshot

Holdings snapshot

  • No data available.
  • Mortgage & Secured Bonds64.5%
    Asset/Mortgage-Backed Securities30.5%
    Money Market5.1%
    Corporate Bonds0%
    Foreign Exchange-0.1%
  • No data available.

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.1%3.5%6.7%12.3%--
Sector0.4%1%2.8%4.1%5.5%12.6%
Rank within sector53 / 33617 / 33323 / 31719 / 303--
Quartile1st1st1st1st
Calendar performance
 YTD - 20172016201520142013
Fund6.3%----
Sector2.1%4.6%-1.6%3.7%-1.6%
Rank within sector14 / 324----
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 high113.22
52 week low100.76
Current bid price-
Current offer price-
Current mid price113.32
Region
No data available.
Industry sector
1Mortgage & Secured Bonds64.45%
2Asset/Mortgage-Backed Securities30.5%
3Money Market5.07%
4Corporate Bonds0.03%
5Foreign Exchange-0.05%
Asset type
No data available.
Individual holdings
1CSMC NY 7.1685 % 09/12/173.07%
2CGBAM COM FRN 11/15/21 0.0000%2.39%
3FREDDIE MAC STRUC AGY CDT RSK DB NT BDS 25/07/28 USD2500001.44%
4Structured Agency Credit Risk Debt Notes 9.1340% Mat 03/25/20291.42%
5INDYMAC INDX MTG LN TR 2006-AR21 VAR BDS 25/08/36 2006 AR21 A11.38%
6FANNIE MA FRN 01/25/29 10.7840%1.34%
7COMM MTG TRUST FRN 10/07/50 USD1000001.25%
8COUNTRYWIDE ALTERNATIVE LOAN TST BDS 25/02/36 USD1000 2005-76 2A11.22%
9TOWD POIN FRN 06/20/46 3.4020%1.19%
Management
Fund manager group
Legg Mason
Fund manager company
Legg Mason Global Funds Plc
Fund type
OEIC
Fund objective
The Fund seeks to maximise total return, consisting of income and capital appreciation by investing at least 65% of its Net Asset Value in mortgage-backed securities and asset-backed securities which are not issued or guaranteed by US government-sponsored entities or by agencies of the US government.
Benchmark
  • No Specified Index
Investment style
None
Investment method
Fixed Interest
Fund manager
No data available.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
Switzerland, Denmark, Spain, Finland, France, United Kingdom, Ireland, Norway, Offshore, Sweden
Legg Mason Western Asset Structured Opportunities LM Acc USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.12%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price113.32
CurrencyUSD
Price updated25/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMWZA
Legg Mason Western Asset Structured Opportunities Premier Acc USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.71%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price112.02
CurrencyUSD
Price updated25/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN5YY
Legg Mason Western Asset Structured Opportunities Premier Hedged Acc EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.71%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price110.19
CurrencyEUR
Price updated25/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN5YX
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.