Fact sheet: Legg Mason IFRoUSSmCo

Fund information
Fund name
Legg Mason IF Royce US Smaller Companies X
Fund manager company
Legg Mason Funds ICVC
Fund type
OEIC
Fund managers
  • Ms. Lauren Romeosince 01/01/2010
Fund objective
The objective of this Fund is to achieve capital growth, principally through investment in securities of smaller US companies.
Benchmark
  • Russell 2000 (GBP)
Investment style
Concentrated,Value
Investment method
Shares
Quick stats
1 Year return
33.3%
1 Year rank in sector
3/7
Sector
UT North American Smaller Companies
Yield
0.5%
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
£214m (£198m 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.
112
Mid price
174.9
Top in this sector
Fund name1 Year
Schroder US Smaller Companies33.8%
Artemis US Sm Cos33.5%
Legg Mason IFRoUSSmCo33.3%
F&C US Smaller Companies31.8%
Threadneedle Am Sm Cos28.1%
...more in UT North American Smaller Companies

Performance snapshot

Holdings snapshot

  • USA79.6%
    Money Market6.9%
    Canada5.4%
    Bermuda3.2%
    Mexico2.3%
  • Industrials21.8%
    Information Technology19.9%
    Consumer Discretionary15.5%
    Financials14%
    Cash & Cash Equivalents6.9%
  • US Equities79.6%
    Cash & Cash Equivalents6.9%
    Canadian Equities5.4%
    American Emerging Equities3.2%
    Mexican Equities2.3%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund8.7%12%29.6%33.3%38.9%83.3%
Sector5.3%10.3%28%30.1%50.6%122.7%
Rank within sector1 / 73 / 72 / 73 / 74 / 54 / 4
Quartile1st2nd2nd2nd4th4th
Calendar performance
 YTD - 20162015201420132012
Fund39.4%-7.6%6.6%26.3%4.6%
Sector32.7%1.5%10.1%37.8%7.1%
Rank within sector1 / 77 / 74 / 55 / 53 / 4
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.
-2.96
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.
0.94
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.
0.41
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%.
13.31
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.
5.37
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.
-0.69
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.
0.84
Price movement
52 week high178.6
52 week low113.7
Current bid price-
Current offer price-
Current mid price174.9
Region
1USA79.55%
2Money Market6.85%
3Canada5.38%
4Bermuda3.15%
5Mexico2.32%
6Norway1.35%
7Israel1.02%
8Denmark0.38%
Industry sector
1Industrials21.75%
2Information Technology19.93%
3Consumer Discretionary15.53%
4Financials13.95%
5Cash & Cash Equivalents6.86%
6Consumer Staples6.13%
7Health Care5.44%
8Energy4.98%
9Real Estate2.76%
Asset type
1US Equities79.55%
2Cash & Cash Equivalents6.85%
3Canadian Equities5.38%
4American Emerging Equities3.15%
5Mexican Equities2.32%
6Norwegian Equities1.35%
7Israeli Equities1.02%
8Danish Equities0.38%
Individual holdings
1GENWORTH MI CANADA INC2.91%
2MARCUS & MILLICHAP INC2.88%
3LAZARD LTD2.82%
4GENTEX CORP2.69%
5FEDERATED INVESTORS INC2.66%
6J2 GLOBAL INC2.57%
7CALERES INC2.38%
8TRUEBLUE INC2.31%
9MINERALS TECHNOLOGIES INC2.29%
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 capital growth, principally through investment in securities of smaller US companies.
Benchmark
  • Russell 2000 (GBP)
Investment style
Concentrated,Value
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
IA Recognised, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Legg Mason IF Royce US Smaller Companies A
Initial charge-
Annual charge1%
Min single investment£3,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.23%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price335.3
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeUQ43
Legg Mason IF Royce US Smaller Companies A Hedged
Initial charge-
Annual charge1%
Min single investment£3,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.44%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price141.8
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0LZF
Legg Mason IF Royce US Smaller Companies B
Initial charge-
Annual charge1%
Min single investment£3,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.23%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price356
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeUQ44
Legg Mason IF Royce US Smaller Companies B Hedged
Initial charge-
Annual charge1%
Min single investment£3,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.33%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price122.6
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0LZE
Legg Mason IF Royce US Smaller Companies X
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 price174.9
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGVDH
Legg Mason IF Royce US Smaller Companies X Hedged
Initial charge-
Annual charge0.75%
Min single investment£3,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)1.08%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price125
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGW2R
Data provided by

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