InvestSMART

Legg Mason ClearBridge Global Value Equities - Managed Fund (Closed)

Fund Objective
The Trust aims to earn a return before fees and taxes in excess of the Morgan Stanley Capital International (iMSCIi) World (ex Australia) Index expressed in Australian dollars (ibenchmarki) by at least 3% p.a. over rolling three to five year periods.
Fund Strategy
The Trust may invest in developed market countries included in the MSCI World Index excluding Australia. The Trust can also invest in emerging market countries listed in the MSCI Emerging Markets Index (such as China, Russia and Brazil) and across all Global Industry Classification Standard ('GICS') sectors, such as Financials, Industrials and Materials.

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}
Peers
Benchmark ({{ fund.benchmark.name }})
{{ fund.model.name }}
The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

Fees Comparison

{{ fund.mer | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% p.a.
Average of peers ({{ fund.benchmark.peers.peerCount }})
NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 1.33% 5.75% 7.56% 11% 1.6% 7.94% 16.67% -%
Growth return 1.33% 5.75% 7.56% -24.11% -25.25% -16.87% -1.57% -%
Income return 0% 0% 0% 35.11% 26.85% 24.81% 18.24% -%
Market index (MSCI World Ex Australia NR AUD)
Total return -2.51% -6.22% -3.83% 8.14% 10.17% 16.04% 12.71% 13.19%
As at 31 May 2017. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Legg Mason ClearBridge Global Value Equities
International Equities
93.51%
Cash
6.49%
Australian Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
91.70%
Cash
1.86%
Australian Equities
5.97%
Property & Infrastructure
0.19%
Fixed Interest
-0.01%
Alternatives
0.29%

General Information

Fund Details
Type Description
Legg Mason ClearBridge Global Value Equities (Wholesale)
Closed
Legg Mason Asset Management Ltd (AU)
SSB0015AU
Equity World Other
Not Rated
Investment Fund
4 Aug 2008
$0 million (as at 31 May 2017)
$0.84887 (as at 14 Jun 2017)
$0.84463 (as at 14 Jun 2017)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 0.98% (as at 30 Jun 2015)
Minimum initial investment $200,000
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 31 May 2017)

Holding (as at 31 May 2017) Type % of Portfolio
Standard Chartered PLC Equity 3.42%
Login now to view the complete list of holdings.
Your guide to next steps

Dealing with a struggling fund? What to Do and Look For

Your managed fund switching checklist. Is fear of capital gains tax holding you back?
Your managed fund switching checklist. Is fear of capital gains tax holding you back?
The Great Investment Fee Scam is hiding in plain sight. And it's ripping us all off.
The Great Investment Fee Scam is hiding in plain sight. And it's ripping us all off.
Guide to tidying up your Portfolio Manager holdings
Guide to tidying up your Portfolio Manager holdings

FAQs about the Legg Mason ClearBridge Global Value Equities

The objective of the Legg Mason ClearBridge Global Value Equities managed fund is The Trust aims to earn a return before fees and taxes in excess of the Morgan Stanley Capital International (iMSCIi) World (ex Australia) Index expressed in Australian dollars (ibenchmarki) by at least 3% p.a. over rolling three to five year periods.

The strategy of the Legg Mason ClearBridge Global Value Equities managed fund is The Trust may invest in developed market countries included in the MSCI World Index excluding Australia. The Trust can also invest in emerging market countries listed in the MSCI Emerging Markets Index (such as China, Russia and Brazil) and across all Global Industry Classification Standard ('GICS') sectors, such as Financials, Industrials and Materials.

The APIR code of the Legg Mason ClearBridge Global Value Equities managed fund is SSB0015AU.

Legg Mason ClearBridge Global Value Equities’s total return last month was 1.33%. This was made up of a growth return of 1.33% and an income return of 0%. These returns were calculated as at 31 May 2017.

Legg Mason ClearBridge Global Value Equities’s total return for the last three months was 5.75%. This was made up of a growth return of 5.75% and an income return of 0%%. These returns were calculated as at 31 May 2017.

Legg Mason ClearBridge Global Value Equities’s one-year total return is 11%. This was made up of a growth return of -24.11% and an income return of 35.11%. These returns were calculated as at 31 May 2017.

Legg Mason ClearBridge Global Value Equities’s one-year total return is 7.94%. This was made up of a growth return of -16.87% and an income return of 24.81%. These returns were calculated as at 31 May 2017.

The asset allocation of the Legg Mason ClearBridge Global Value Equities managed fund is :

International Equities
93.51%
Cash
6.49%
Australian Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Legg Mason ClearBridge Global Value Equities managed fund is Legg Mason Asset Management Ltd (AU).

The Legg Mason ClearBridge Global Value Equities managed fund belongs to the Equity World Other sector/asset class.

As at 31 May 2017, the size of the Legg Mason ClearBridge Global Value Equities managed fund was $0 million.

The Legg Mason ClearBridge Global Value Equities managed fund has an inception date of 4 Aug 2008.

The current entry price of the Legg Mason ClearBridge Global Value Equities managed fund is $0.84887 per unit and the current exit price is $0.84463 per unit (as at 14 Jun 2017).

The current exit price of the Legg Mason ClearBridge Global Value Equities managed fund is $0.84463 per unit and the current entry price is $0.84887 per unit (as at 14 Jun 2017).

The minimum initial investment amount for the Legg Mason ClearBridge Global Value Equities managed fund is $200,000. Minimum additional investment is $0.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.