Fact sheet: LM WA Emg Mkts Crp Bd

Fund information

Fund name
Legg Mason Western Asset Emerging Markets Corporate Bond A Acc USD
Fund company manager
Legg Mason Global Funds Plc
Fund type
SIB
Fund manager(s)
Western Asset Management Co
since 21/10/2011
Fund objective
The Fund seeks to maximise total return through income and capital appreciation by investing at least 70% of its Net Asset Value in emerging market corporate bonds. The Fund invests in emerging market corporate debt securities, rated at the time of purchase at least B-, or its equivalent, across the major fixed-income sectors where the Sub-Investment Manager believes that the yield and potential for capital appreciation are sufficiently attractive in light of the risks of ownership of the obligation.
Benchmark
J.P. Morgan Corporate Emerging Market Bond Index Broad
Investment style
None
Investment method
Fixed Interest

Performance snapshot

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

7.16 %

1 Year rank in sector

145/240

Sector

FO Fixed Int - Emerging Markets

Yield
-
Fund size

£ 45.2 m

FE Risk score

91

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Money Market
    33.35%
  • Brazil
    18.4%
  • Russia
    9.52%
  • Argentina
    8.13%
  • China
    7.08%
  • Others
    30.33%
  • Oil & Gas
    23.8%
  • Financials
    20.45%
  • Government Bonds
    11.82%
  • Industrials
    7.58%
  • Money Market
    33.35%
  • Brazilian Fixed Interest
    18.4%
  • American Emerging Fixed Interest
    12.2%
  • Russian Fixed Interest
    9.52%
  • Chinese Fixed Interest
    7.08%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund0.4 %3.3 %7.16 %16.11 %0 %
Sector1.42 %3.1 %8.45 %11.68 %2.75 %
Rank within sector190 / 258133 / 252145 / 240100 / 207 /
Quartile th3 rd3 rd3 rd2 nd th

Calendar performance

YTD-20182017201620152014
Fund0.4 %8.17 %8.6 %-4.07 %-2.97 %
Sector1 %8.47 %10.22 %-7.28 %-0.56 %
Rank within sector174 / 257150 / 240139 / 225116 / 205122 / 166
Quartile th3 rd3 rd3 rd3 rd3 rd

Risk statistics

Alpha1.37
Beta0.76
Sharpe0.1
Volatility5.79
Tracking error3.28
Information ratio0.17
R-Squared0.75

Price movement

52 week high106.82
52 week low99.14
Current bid price0
Current offer price0
Current mid price106.69

Holdings by region

  • 33.35% Money Market
  • 18.4% Brazil
  • 9.52% Russia
  • 8.13% Argentina
  • 7.08% China
  • 5.71% Hong Kong
  • 5.2% Mexico
  • 4.67% Korea
  • 4.07% Colombia
  • 3.87% Indonesia

Holdings by sector

  • 30.33% Others
  • 23.8% Oil & Gas
  • 20.45% Financials
  • 11.82% Government Bonds
  • 7.58% Industrials
  • 6.02% Utilities

Holdings by asset type

  • 33.35% Money Market
  • 18.4% Brazilian Fixed Interest
  • 12.2% American Emerging Fixed Interest
  • 9.52% Russian Fixed Interest
  • 7.08% Chinese Fixed Interest
  • 5.71% Hong Kong Fixed Interest
  • 5.2% Mexican Fixed Interest
  • 4.67% South Korean Fixed Interest
  • 3.87% Indonesian Fixed Interest

Individual holdings

  • 2.67% PETROBRAS GLOBAL FINANCE BV 6.25% NTS 17/03/24 USD1000
  • 2.28% LUKOIL INTERNATIONAL FINANCE BV 6.656% NTS 07/06/22 USD100000 `REGS`
  • 2.05% HUTCHISON WHAMPOA 3.625% BDS 31/10/24 USD200000 REGS
  • 1.99% OVERSEA-CHINESE BANKING CORP 4.25% MTN 19/06/24 USD200000
  • 1.88% BRASKEM AMERICA FINANCE 7.125% BDS 22/07/41 USD1000 REG S
  • 1.74% SHINHAN BANK 3.875% BDS 24/03/26 USD200000
  • 1.66% YPF SOCIEDAD ANONIMA 8.5% BDS 23/03/21 USD1000
  • 1.55% CNOOC FINANCE 2012 LTD 3.875% BDS 02/05/22 USD1000 REG S
  • 1.5% PETROBRAS GLOBAL FINANCE BV 6.85% UNDATED BDS USD2000
  • 1.48% RELIANCE HOLDINGS USA INC 5.4% BDS 14/02/22 USD1000 REG S