Fact sheet: Legg Mason Nth America

Fund information
Fund name
Legg Mason Martin Currie North American A GBP
Fund manager company
Legg Mason Global Funds Plc
Fund type
OEIC
Fund managers
  • Penny Kylesince 09/09/2012
Fund objective
The fund's objective is to produce capital growth by investing in the USA and Canada.
Benchmark
  • MSCI North America
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
22.1%
1 Year rank in sector
7/37
Sector
FO Equity - North America
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.
1.95%
Fund size
£5m (£6m 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.
107
Top in this sector
Fund name1 Year
Sanlam FOUR US Div Inc40.1%
M&G Offshore North Am Div33.7%
La Mondiale American Equity26.6%
Lloyds North American26.4%
SEB Nordamerika Små&Medel Blg22.6%
...more in FO Equity - North America

Performance snapshot

Holdings snapshot

  • USA97.9%
    Canada2.2%
  • Health Care18.9%
    Information Technology16.6%
    Financials12.9%
    Industrials12%
    Consumer Discretionary10.8%
  • North American Equities99.2%
    Cash & Cash Equivalents0.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.1%3%16.5%22.1%44.8%96.3%
Sector6.9%2.9%8.8%11.2%28.4%77.8%
Rank within sector38 / 3916 / 3911 / 387 / 378 / 3010 / 24
Quartile4th2nd2nd1st2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund20.3%1.1%16.4%28.2%7.7%
Sector12.3%-0.8%12.9%29.7%8.8%
Rank within sector9 / 3713 / 359 / 3123 / 2918 / 25
Quartile1st2nd2nd4th3rd
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.
5.85
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.
0.91
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.
0.82
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%.
12.35
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.
7.82
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.
0.61
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.
0.6
Price movement
52 week high9.95
52 week low7.26
Current bid price-
Current offer price-
Current mid price9.6
Region
1USA97.85%
2Canada2.15%
Industry sector
1Health Care18.92%
2Information Technology16.62%
3Financials12.9%
4Industrials12.01%
5Consumer Discretionary10.78%
6Consumer Staples9.04%
7Energy8.57%
8Utilities4.49%
9Real Estate2.96%
Asset type
1North American Equities99.18%
2Cash & Cash Equivalents0.82%
Individual holdings
1APPLE INC6.09%
2PROCTER & GAMBLE CO3.69%
3JPMORGAN CHASE & CO3.53%
4CVS HEALTH CORP3.29%
5PFIZER INC3.26%
6AMERICAN INTERNATIONAL GROUP INC3.25%
7AMAZON.COM INC3.21%
8ALPHABET INC3.02%
9CHARTER COMMUNICATIONS INC2.98%
Management
Fund manager group
Legg Mason
Fund manager company
Legg Mason Global Funds Plc
Fund type
OEIC
Fund objective
The fund's objective is to produce capital growth by investing in the USA and Canada.
Benchmark
  • MSCI North America
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Penny Kyle09/09/2012Penny is a highly experienced portfolio manager who has managed North American equities for over 17 years. She joined Martin Currie in 2012 from a leading sovereign wealth fund, where she was head of US equities. Before this, Penny was head of North American equities at Morley Fund Management. Prior to that, she was at American Express Asset Management, where she worked closely with the regional investment teams and was personally responsible for North American stock research. Earlier, Penny was head of US equities at Groupama Asset Management. She began her investment career in 1993 at Govett Asset Management.
Compliance
Transparent for Austrian Tax, IA Recognised, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Spain, Finland, France, United Kingdom, Ireland, Italy, Luxembourg, Netherlands, Offshore, Singapore, El Salvador
Legg Mason Martin Currie North American A EUR
Initial charge5%
Annual charge1.5%
Min single investment£5,000
Min regular saving£2,500
Available in ISANo
Ongoing charge (OCF)1.95%
Total expense ratio (TER)1.89%
Bid price-
Offer price-
Mid price11.61
CurrencyEUR
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeENE3
Legg Mason Martin Currie North American A GBP
Initial charge5%
Annual charge1.5%
Min single investment£5,000
Min regular saving£2,500
Available in ISANo
Ongoing charge (OCF)1.95%
Total expense ratio (TER)1.9%
Bid price-
Offer price-
Mid price9.6
CurrencyGBP
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeENE1
Legg Mason Martin Currie North American A USD
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£2,500
Available in ISANo
Ongoing charge (OCF)1.95%
Total expense ratio (TER)1.89%
Bid price-
Offer price-
Mid price12.23
CurrencyUSD
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeENE2
Legg Mason Martin Currie North American X Inc GBP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.25%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price119.27
CurrencyGBP
Price updated06/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeN2BJ
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

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.