Fact sheet: Legg Mason IFMCGlEqIn

Fund information
Fund name
Legg Mason IF Martin Currie Global Equity Income X Acc
Fund manager company
Legg Mason Funds ICVC
Fund type
OEIC
Fund managers
  • Alan Portersince 01/11/2010
  • Mark Whiteheadsince 10/05/2016
Fund objective
To achieve income, with the potential for capital growth over the long term by investing in securities of companies listed globally.
Benchmark
  • No Specified Index
Investment style
Concentrated,Value
Investment method
Shares
Quick stats
1 Year return
22.3%
1 Year rank in sector
20/37
Sector
UT Global Equity Income
Yield
3.1%
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.
0.98%
Fund size
£108m (£101m 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.
92
Mid price
171.5
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

  • USA47.8%
    UK7.2%
    France6%
    Switzerland5.9%
    Australia5.6%
  • Industrials16.7%
    Financials12.7%
    Consumer Staples10.9%
    Health Care9.8%
    Energy8.8%
  • US Equities47.8%
    UK Equities7.2%
    French Equities6%
    Swiss Equities5.9%
    Australian Equities5.6%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.3%14%22.3%28%65.2%
Sector0.3%2.7%14.2%20.8%34.2%78%
Rank within sector24 / 4322 / 4122 / 4020 / 3724 / 2916 / 19
Quartile3rd3rd3rd3rd4th4th
Calendar performance
 YTD - 20162015201420132012
Fund20.9%-0.5%4.1%17.9%9.7%
Sector19.5%2.7%6.8%21.8%10.6%
Rank within sector21 / 3727 / 3223 / 2920 / 2514 / 20
Quartile3rd4th4th4th3rd
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.
-1.04
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
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.
0.44
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%.
9.89
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.
2.75
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.
-0.39
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.
0.92
Price movement
52 week high175.6
52 week low133.6
Current bid price-
Current offer price-
Current mid price171.5
Region
1USA47.83%
2UK7.24%
3France5.96%
4Switzerland5.89%
5Australia5.57%
6Canada4.69%
7Singapore3.33%
8Italy3.06%
9Taiwan2.38%
Industry sector
1Industrials16.68%
2Financials12.72%
3Consumer Staples10.92%
4Health Care9.81%
5Energy8.84%
6Consumer Discretionary8.65%
7Telecommunications Utilities8.25%
8Real Estate7.87%
9Information Technology7.35%
Asset type
1US Equities47.83%
2UK Equities7.24%
3French Equities5.96%
4Swiss Equities5.89%
5Australian Equities5.57%
6Canadian Equities4.69%
7Singapore Equities3.33%
8Italian Equities3.06%
9Taiwanese Equities2.38%
Individual holdings
1CHEVRON CORP3.45%
2UNITED PARCEL SERVICE INC3.3%
3TIME WARNER INC3.11%
4MERCK & CO INC(NEW)3.09%
5PHILIP MORRIS INTERNATIONAL INC3.05%
6ROCHE HLDG AG3.03%
7CATERPILLAR INC3%
8APPLE INC2.93%
9OCCIDENTAL PETROLEUM CORP2.87%
Management
Fund manager group
Legg Mason
Fund manager company
Legg Mason Funds ICVC
Fund type
OEIC
Fund objective
To achieve income, with the potential for capital growth over the long term by investing in securities of companies listed globally.
Benchmark
  • No Specified Index
Investment style
Concentrated,Value
Investment method
Shares
Fund managers
NameSinceBiography
Alan Porter01/11/2010Alan co-manages the Martin Currie Global Equity strategy. He joined Martin Currie in 2008, having previously worked in London for, among others, Hill Samuel Asset Management and Insight Investment Management. Alan started his career in 1991 as a trainee fund manager at Scottish Amicable Investment Managers. He is an associate of the UK Society of Investment Professionals (ASIP). Alan has a degree in philosophy from Durham University.
Mark Whitehead10/05/2016Mark joined Martin Currie as Head of Income in November 2015. He manages the Securities Trust of Scotland, an investment trust with a global equity-income remit, and co-manages the Martin Currie Global Equity strategy. Previously, Mark worked at Sarasin & Partners where he constructed and managed a range of income, balanced, growth, and absolute return portfolios; he became Lead Manager for their thematic funds in the Global Dividend Range in 2007, and latterly was appointed Head of Equity Income from 2010. Before Sarasin & Partners, he was a portfolio manager at stockbroker Capel Cure Sharp. Mark started his investment career at NatWest Stockbrokers in 1998 and is a member of the Chartered Institute for Securities & Investment (CISI).
Compliance
IA Recognised, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Legg Mason IF Martin Currie 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)1.27%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price159.1
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeQJ63
Legg Mason IF Martin Currie Global Equity Income A Inc
Initial charge-
Annual charge1%
Min single investment£3,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.27%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price117.8
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeSY01
Legg Mason IF Martin Currie Global Equity Income E
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.23%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100
CurrencyGBX
Price updated16/09/2015
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMFVG
Legg Mason IF Martin Currie Global Equity Income R
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.23%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100
CurrencyGBX
Price updated16/09/2015
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMFVF
Legg Mason IF Martin Currie 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)0.98%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price171.5
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeQJ64
Legg Mason IF Martin Currie 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)0.98%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price130.8
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeML96
Data provided by

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