Fact sheet: Legg Mason IFWeAssGlMuStBd

Fund information
Fund name
Legg Mason IF Western Asset Global Multi Strategy Bond X Inc
Fund manager company
Legg Mason Funds ICVC
Fund type
OEIC
Fund manager
  • Western Asset Management Cosince 22/05/2008
Fund objective
The objective of this Fund is to maximise total return through income and capital appreciation by diversifying across a range of fixed income securities, sectors and currencies.
Benchmark
  • No Specified Index
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
7.1%
1 Year rank in sector
30/68
Sector
UT Global Bonds
Yield
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.
0.79%
Fund size
£556m (£611m 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.
35
Mid price
89.82
Top in this sector
Fund name1 Year
M&G Global gvt bnd28.8%
Aberdeen World Gov Bd24.9%
Scot Wid Overseas FxIn Trk24.4%
Threadneedle EurpHdBd24.4%
BlackRock OseaCorBdTrk24%
...more in UT Global Bonds

Performance snapshot

Holdings snapshot

  • USA50.6%
    Others11.4%
    Brazil10.8%
    Not Specified9%
    UK4.4%
  • High Yield Bond29.8%
    Non Investment Grade Bonds27.6%
    Investment Grade Corporate Bonds18%
    Government Bonds7.7%
    Banks7.4%
  • US Fixed Interest50.6%
    Global Fixed Interest20.4%
    Brazilian Fixed Interest10.8%
    UK Fixed Interest4.4%
    Mexican Fixed Interest4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.3%-1.8%3.7%7.1%8.1%17.4%
Sector-3.6%-1.8%5.8%11.7%13.1%19.7%
Rank within sector38 / 6935 / 7033 / 7030 / 6841 / 5835 / 48
Quartile3rd2nd2nd2nd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund9.8%-5.1%3.6%-3%10%
Sector11%-1.3%3.8%-2%6.1%
Rank within sector28 / 6858 / 6237 / 5941 / 5615 / 48
Quartile2nd4th3rd3rd2nd
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.
0.83
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.
0.35
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
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%.
5.35
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.
6.18
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.
-0.56
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.
0.15
Price movement
52 week high93.44
52 week low81.82
Current bid price-
Current offer price-
Current mid price89.82
Region
1USA50.56%
2Others11.35%
3Brazil10.82%
4Not Specified9%
5UK4.38%
6Mexico3.99%
7Money Market3.74%
8Colombia2.25%
9Indonesia2.2%
Industry sector
1High Yield Bond29.82%
2Non Investment Grade Bonds27.58%
3Investment Grade Corporate Bonds17.96%
4Government Bonds7.68%
5Banks7.39%
6Asset/Mortgage-Backed Securities5.83%
7Cash & Cash Equivalents3.74%
Asset type
1US Fixed Interest50.56%
2Global Fixed Interest20.35%
3Brazilian Fixed Interest10.82%
4UK Fixed Interest4.38%
5Mexican Fixed Interest3.99%
6Money Market3.74%
7American Emerging Fixed Interest2.25%
8Indonesian Fixed Interest2.2%
9French Fixed Interest1.71%
Individual holdings
1UNITED STATES OF AMER TREAS BONDS 3.125% BDS 15/02/43 USD1005.04%
2LEGG MASON WESTERN ASSET US HIGH YIELD LM DIS USD3.91%
3LEGG MASON WESTERN ASSET EURO HIGH YIELD LM ACC EUR3.45%
4BRAZIL(FEDERATIVE REPUBLIC OF) 6% BDS 15/08/50 BRL10002.62%
5MEXICO(UNITED MEXICAN STATES) 7.75% NTS 13/11/42 MXN1000001.37%
6BRAZIL(FEDERATIVE REPUBLIC OF) 0% TB 01/01/19 BRL10001.22%
7COLOMBIA(REPUBLIC OF) 5.625% NTS 26/02/44 USD10001.17%
8BRAZIL(FEDERATIVE REPUBLIC OF) 10% BDS 01/01/21 BRL10001.15%
9ANHEUSER-BUSCH INBEV SA 4.9% BDS 01/02/46 USD10001.05%
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 maximise total return through income and capital appreciation by diversifying across a range of fixed income securities, sectors and currencies.
Benchmark
  • No Specified Index
Investment style
None
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Western Asset Management Co22/05/2008Western 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
IA Recognised, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Legg Mason IF Western Asset Global Multi Strategy Bond A Inc
Initial charge-
Annual charge0.8%
Min single investment£3,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.01%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price90.68
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeBUK7
Legg Mason IF Western Asset Global Multi Strategy Bond B Inc
Initial charge-
Annual charge0.8%
Min single investment£3,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)0.96%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price93.86
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeBXE4
Legg Mason IF Western Asset Global Multi Strategy Bond I Gr Acc
Initial charge-
Annual charge0.4%
Min single investment£25,000,000
Min regular saving£5,000,000
Available in ISANo
Ongoing charge (OCF)0.55%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price124.3
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0GBE
Legg Mason IF Western Asset Global Multi Strategy Bond I Inc
Initial charge-
Annual charge0.4%
Min single investment£25,000,000
Min regular saving£5,000,000
Available in ISANo
Ongoing charge (OCF)0.55%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price115.2
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF0D5
Legg Mason IF Western Asset Global Multi Strategy Bond X Inc
Initial charge-
Annual charge0.63%
Min single investment£3,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)0.79%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price89.82
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeGVDB
Data provided by

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