Fact sheet: Legg Mason IFClBrGlEqInc

Fund information
Fund name
Legg Mason IF ClearBridge Global Equity Income X Inc
Fund manager company
Legg Mason Funds ICVC
Fund type
OEIC
Fund managers
  • Sean Bogdasince 22/05/2008
  • Safa Muhtasebsince 22/05/2008
  • Paul Ehrlichmansince 22/05/2008
Fund objective
The objective of this Fund is to achieve income and capital growth through investment primarily in a range of equity and equity-related securities.
Benchmark
  • MSCI World net div
Investment style
None
Investment method
Shares
Quick stats
1 Year return
23.3%
1 Year rank in sector
17/37
Sector
UT Global Equity Income
Yield
3.6%
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.
1.03%
Fund size
£28m (£29m 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.
102
Mid price
131
Top in this sector
Fund name1 Year
COURTIERS Gbl (ex UK) Eq Inc34.9%
Scot Wid Fdmtl Index Global Equ31.5%
TB Saracen Gbl Inc & Gth31.4%
Lazard Global Equity Inc28.9%
Aberdeen World Eqty Inc28.8%
...more in UT Global Equity Income

Performance snapshot

Holdings snapshot

  • Others24.3%
    UK15.5%
    France13.7%
    USA10.2%
    China8.9%
  • Materials19.8%
    Industrials15.9%
    Financials13.6%
    Energy9.2%
    Consumer Discretionary9.1%
  • International Equities24.3%
    UK Equities15.5%
    French Equities13.7%
    US Equities10.2%
    Chinese Equities8.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.7%4.4%18%23.3%33.2%80.4%
Sector0.3%2.7%14.2%20.8%34.2%78%
Rank within sector13 / 4314 / 418 / 4017 / 3722 / 2912 / 19
Quartile2nd2nd1st2nd4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund21.5%3.3%2.5%28.4%9%
Sector19.5%2.7%6.8%21.8%10.6%
Rank within sector17 / 3719 / 3227 / 293 / 2515 / 20
Quartile2nd3rd4th1st3rd
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.
-0.46
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.
1.02
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.
0.49
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%.
10.51
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.
4.04
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.
-0.09
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 high135.1
52 week low99.15
Current bid price-
Current offer price-
Current mid price131
Region
1Others24.29%
2UK15.52%
3France13.65%
4USA10.18%
5China8.91%
6Australia5.98%
7Switzerland5.08%
8Germany3.74%
9Norway3.28%
Industry sector
1Materials19.78%
2Industrials15.89%
3Financials13.64%
4Energy9.17%
5Consumer Discretionary9.12%
6Real Estate6.96%
7Health Care6.53%
8Consumer Staples5.13%
9Cash & Cash Equivalents4.81%
Asset type
1International Equities24.29%
2UK Equities15.52%
3French Equities13.65%
4US Equities10.18%
5Chinese Equities8.91%
6Australian Equities5.98%
7Swiss Equities5.08%
8German Equities3.74%
9Norwegian Equities3.28%
Individual holdings
1GLAXOSMITHKLINE2.67%
2EMERSON ELECTRIC CO2.29%
3BNP PARIBAS2.11%
4STANDARD CHARTERED2.08%
5CRH2.05%
6RIO TINTO LTD2.04%
7VEOLIA ENVIRONNEMENT1.99%
8ICADE1.88%
9POSCO1.88%
Management
Fund manager group
Legg Mason
Fund manager company
Legg Mason Funds ICVC
Fund type
OEIC
Fund objective
The objective of this Fund is to achieve income and capital growth through investment primarily in a range of equity and equity-related securities.
Benchmark
  • MSCI World net div
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Sean Bogda22/05/2008Sean M. Bogda, CFA, Managing Director, Portfolio Manager Sean is a managing director and portfolio manager with Global Currents Investment Management, LLC. He is responsible for covering the energy, utilities, industrials and cyclical sectors. Sean was previously with another Legg Mason affiliate, Brandywine Global Investment Management, as global equity portfolio manager (1993 - 2008). He began his career at Brandywine Global as a research assistant in the summer of 1990. He is a CFA charterholder and earned a B.S. in Finance from the University of Colorado, graduating cum laude. Sean is also a member of the Avon Grove Foundation.
Safa Muhtaseb22/05/2008Safa R. Muhtaseb, CFA, Managing Director, Portfolio Manager Safa is a managing director and portfolio manager with Global Currents Investment Management, LLC. He contributes knowledge and experience in research of investments across countries and sectors, while contributing insights and stock recommendations for the firm's equity strategies. Safa was previously with another Legg Mason affiliate, Brandywine Global Investment Management, as Global Equity Portfolio Manager (2004 - 2008), bringing with him over 20 years of industry experience. Previously, he was with Goldman Sachs Asset Management as senior portfolio manager for global and international products (2001-2004); Virginia Retirement System as director of international investments and portfolio manager for the U.S. mid cap growth portfolio (1999-2001); CalPERS as an investment officer and portfolio manager (1997-1999); State of California as an auditor (1996-1997); Safa R. Muhtaseb Real Estate Investments as the principal and broker (1990-1996), and Al-Othman & Al-Muhtaseb Trading Co. W.L.L. as an investment officer (1984-1990). Safa is a CFA charterholder, earned an M.B.A. in Finance from the University of Tennessee, and graduated cum laude with a B.S. in Business Administration from Old Dominion University.
Paul Ehrlichman22/05/2008Paul is the head of the Global Value Equity investment team at Clear Bridge Investments. Paul has 30 years of industry experience. Prior to launching predecessor firm Global Currents Investment management in 2008, Paul spent 18 years at Brandywine Global Investment Management as Global Equity CIO and Managing Director. Before joining Brandywine Global, Paul was a portfolio manager with Provident Capital Management and a securities analyst at First Pennsylvania Bank. Paul earned a BS degree in Finance and Quantitative Analysis from La Salle University. He is also involved with a number of community organizations including Fair Ville Friends School, The Brandywine Conservancy, Salesianum High School, St. Patrick's Parish of Kennett Square and The Delaware Nature Society.
Compliance
IA Recognised, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Legg Mason IF ClearBridge Global Equity Income A
Initial charge-
Annual charge1%
Min single investment£3,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.28%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price143.5
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeBXD9
Legg Mason IF ClearBridge Global Equity Income A Acc
Initial charge-
Annual charge1%
Min single investment£3,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.28%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price196.3
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBYZ1
Legg Mason IF ClearBridge Global Equity Income B
Initial charge-
Annual charge1%
Min single investment£3,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.28%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100
CurrencyGBX
Price updated04/09/2015
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeBXE0
Legg Mason IF ClearBridge Global Equity Income B Acc
Initial charge-
Annual charge1%
Min single investment£3,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.28%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price123.2
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBYZ2
Legg Mason IF ClearBridge Global Equity Income X Acc
Initial charge-
Annual charge0.75%
Min single investment£3,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)1.03%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price153.3
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGVDC
Legg Mason IF ClearBridge Global Equity Income X Inc
Initial charge-
Annual charge0.75%
Min single investment£3,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)1.03%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price131
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeGVDD
Data provided by

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