Fact sheet: LM WA Global Credit

Fund information

Fund name
Legg Mason Western Asset Global Credit A(D) Dis USD
Fund company manager
Legg Mason Global Funds Plc
Fund type
SIB
Fund manager(s)
Western Asset Management Co
since 31/07/2006
Fund objective
The Fund seeks to maximise total return, through income and capital appreciation, by investing at least two-thirds of its Net Asset Value in corporate debt securities and debts securities issued by supranational organisations that are denominated in a variety of currencies. In addition, the Fund may invest in securities issued or guaranteed by national governments, their agencies, instrumentalities and political sub-divisions. At the time of purchase the manager will only acquire investments that are rated Investment Grade or, if unrated, deemed to be of comparable quality.
Benchmark
Bloomberg Barclays Global Aggregate Credit
Investment style
None
Investment method
None

Performance snapshot

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

3.19 %

1 Year rank in sector

90/308

Sector

FO Fixed Int - Global

Yield

1.63

Fund size

£ 66.6 m

FE Risk score

88

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    35.07%
  • UK
    17.21%
  • Netherlands
    5.9%
  • Money Market
    5.37%
  • Germany
    4.8%
  • Banks
    29.35%
  • Others
    9.53%
  • Energy
    7.63%
  • Non-Cyclical Consumer Goods
    7.48%
  • Fixed Interest
    6.42%
  • US Fixed Interest
    35.07%
  • UK Fixed Interest
    17.21%
  • Dutch Fixed Interest
    5.9%
  • Money Market
    5.37%
  • German Fixed Interest
    4.8%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund0.39 %3.16 %3.19 %9.35 %14.79 %
Sector0.11 %1.66 %1.73 %6.22 %9.18 %
Rank within sector110 / 34586 / 33190 / 30863 / 25254 / 188
Quartile th2 nd2 nd2 nd1 st2 nd

Calendar performance

YTD-20172016201520142013
Fund5.41 %5.94 %-1.79 %5.07 %-1.13 %
Sector3.47 %4.59 %-1.64 %3.66 %-1.56 %
Rank within sector94 / 31776 / 285161 / 25690 / 22095 / 196
Quartile th2 nd2 nd3 rd2 nd2 nd

Risk statistics

Alpha0.38
Beta1.37
Sharpe-0
Volatility3.83
Tracking error1.54
Information ratio0.72
R-Squared0.9

Price movement

52 week high111.5
52 week low106.18
Current bid price0
Current offer price0
Current mid price111.43

Holdings by region

  • 35.07% USA
  • 17.21% UK
  • 5.9% Netherlands
  • 5.37% Money Market
  • 4.8% Germany
  • 4.74% France
  • 3.49% Switzerland
  • 2.88% Spain
  • 2.75% Italy
  • 2.75% Sweden

Holdings by sector

  • 29.35% Banks
  • 9.53% Others
  • 7.63% Energy
  • 7.48% Non-Cyclical Consumer Goods
  • 6.42% Fixed Interest
  • 6.31% Communications
  • 5.46% Insurance
  • 3.66% Cash & Cash Equivalents
  • 3.53% Asset/Mortgage-Backed Securities
  • 3.44% Electricity Supply

Holdings by asset type

  • 35.07% US Fixed Interest
  • 17.21% UK Fixed Interest
  • 5.9% Dutch Fixed Interest
  • 5.37% Money Market
  • 4.8% German Fixed Interest
  • 4.74% French Fixed Interest
  • 3.49% Swiss Fixed Interest
  • 2.88% Spanish Fixed Interest
  • 2.75% Italian Fixed Interest
  • 2.75% Swedish Fixed Interest

Individual holdings

  • 1.56% LEGG MASON WESTERN ASSET INDIA BOND LM ACC USD
  • 1.44% RECKITT BENCKISER TREAS SVCS PLC 2.375% SNR NTS 24/06/22 USD200000 REG S
  • 1.42% UNITED STATES OF AMER TREAS BONDS 2.875% BDS 15/11/45 USD100
  • 1.22% HM TREASURY UNITED KINGDOM DMO 5% GILT 2025
  • 1.12% BNP PARIBAS 2.875% BDS 20/03/26 EUR100000
  • 1.1% SHELL INTERNATIONAL FINANCE BV 3.25% BDS 11/05/25 USD1000
  • 1.09% ABN AMRO BANK NV 7.125% NTS 06/07/22 EUR100000
  • 1.06% UNITED STATES OF AMER TREAS BONDS 2.875% BDS 15/11/46 USD100
  • 1.04% CREDIT SUISSE AG 3.625% BDS 09/09/24 USD250000
  • 1.02% CITIGROUP INC 4.125% BDS 25/07/28 USD1000