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LEGG MASON WA GLOBAL CREDIT ABSOLUTE RETURN PF EUR HDG - Fund overview

No Bestinvest rating

Overview of LEGG MASON WA GLOBAL CREDIT ABSOLUTE RETURN PF EUR HDG

Bestinvest research covers the funds we currently highlight and the most popular funds chosen by our clients over the years. LEGG MASON WA GLOBAL CREDIT ABSOLUTE RETURN PF EUR HDG does not fall into either of these categories at present.

Standard Initial Charge

No data available.

Fund summary

Sector	–
Product type	OFFSHORE FUND
Launched	July, 2010
Size	£68m
Yield	0.0%
Charging basis	Income
Dividends paid	–
Bid price	8,132.00p

Fund Charges

Standard Initial charge	–
Initial charge via Bestinvest	–
Additional bid/offer spread	0.00%
Annual management charge	0.75%
Total expense ratio	0.90%
Reduction in yield (10yr)	0.90%

Bestinvest says

No information available.

Portfolio

legg mason wa global credit absolute return pf eur hdg asset allocation illustration

Allocation		Proportion

	Equity	–
	High yield bonds	–
	Quality bonds	50%
	Property	–
	Commodities	–
	Hedge	50%
	Fund cash	–

legg mason wa global credit absolute return pf eur hdg equity geographic illustration

Allocation		Proportion

	UK	7%
	Europe	31%
	Nth America	53%
	Japan	3%
	Pacific	6%
	Other Equity	–

No data available.

View all performance data for LEGG MASON WA GLOBAL CREDIT ABSOLUTE RETURN PF EUR HDG

Investment process

The Fund seeks to maximise absolute return, consisting of capital appreciation and income, by investing at least 70% of its Net Asset Value in a combination of Investment Grade and high yield bonds that are listed or traded anywhere in the world. The manager expects the weighted average duration1 of the Fund's investment to range between -10 and +10 years, depending on the managers' forecast for interest rates and yields. The market risk of the Fund will be measured using the value-at-risk (“VaR”) methodology, which will not exceed 20 per cent of the Fund's Net Asset Value.

The value of your investments and the income from them can go down as well as up, and you can get back less than you originally invested. Past performance or any yields quoted should not be considered reliable indicators of future returns. Before investing in funds please check the specific risk factors on the key features document or refer to our risk warning notice as some funds can be high risk or complex; they may also have risks relating to the geographical area, industry sector and/or underlying assets in which they invest. Prevailing tax rates and relief are dependent on your individual circumstances and are subject to change.

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