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Legg Mason Permal Investment Holdings Trust - Managed Fund (Closed)

Fund Objective
The Legg Mason Permal Investment Holdings Trust aims to achieve long-term capital appreciation with moderate volatility and risk by holding Permal Shares.
Fund Strategy
The Legg Mason Permal Investment Holdings Trust aims to achieve its Investment Objective by holding Permal Shares issued by Permal Investment Holdings N.V. Permal Investment Holdings N.V. invests in a carefully selected group of underlying investment managers, which provides the Trust with an actively managed global exposure to "fund of fund" alternative investments.

Fund Performance Comparison

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Fees Comparison

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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.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return -0.07% -0.44% 3.43% -3.69% -4.94% -% -% -%
Growth return -0.07% -0.44% 3.43% -3.69% -4.94% -% -% -%
Income return 0% 0% 0% 0% 0% -% -% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.35% 1% 1.93% 3.79% 4.06% 4.13% 3.03% 2.16%
As at 30 Apr 2010. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Legg Mason Permal Investment Holdings Trust
Alternatives
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property & Infrastructure
0%
Fixed Interest
0%
Average Allocation of Peers
Alternatives
19.22%
Australian Equities
4.80%
International Equities
2.78%
Cash
55.80%
Property & Infrastructure
1.92%
Fixed Interest
15.48%

General Information

Fund Details
Type Description
Legg Mason Permal Investment Holdings Trust (Wholesale)
Closed
Legg Mason Asset Management Ltd (AU)
SSB0010AU
Alternative - Other
Not Rated
Investment Fund
31 Jan 2008
$6.87 million (as at 31 Oct 2009)
$0.8804 (as at 15 May 2010)
$0.8804 (as at 15 May 2010)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 2.18% (as at 30 Jun 2009)
Minimum initial investment $500,000
Minimum additional investments $20,000
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FAQs about the Legg Mason Permal Investment Holdings Trust

The objective of the Legg Mason Permal Investment Holdings Trust managed fund is The Legg Mason Permal Investment Holdings Trust aims to achieve long-term capital appreciation with moderate volatility and risk by holding Permal Shares.

The strategy of the Legg Mason Permal Investment Holdings Trust managed fund is The Legg Mason Permal Investment Holdings Trust aims to achieve its Investment Objective by holding Permal Shares issued by Permal Investment Holdings N.V. Permal Investment Holdings N.V. invests in a carefully selected group of underlying investment managers, which provides the Trust with an actively managed global exposure to "fund of fund" alternative investments.

The APIR code of the Legg Mason Permal Investment Holdings Trust managed fund is SSB0010AU.

Legg Mason Permal Investment Holdings Trust’s total return last month was -0.07%. This was made up of a growth return of -0.07% and an income return of 0%. These returns were calculated as at 30 Apr 2010.

Legg Mason Permal Investment Holdings Trust’s total return for the last three months was -0.44%. This was made up of a growth return of -0.44% and an income return of 0%%. These returns were calculated as at 30 Apr 2010.

Legg Mason Permal Investment Holdings Trust’s one-year total return is -3.69%. This was made up of a growth return of -3.69% and an income return of 0%. These returns were calculated as at 30 Apr 2010.

Legg Mason Permal Investment Holdings Trust’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 30 Apr 2010.

The asset allocation of the Legg Mason Permal Investment Holdings Trust managed fund is :

Alternatives
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property & Infrastructure
0%
Fixed Interest
0%

The Responsible Entity for the Legg Mason Permal Investment Holdings Trust managed fund is Legg Mason Asset Management Ltd (AU).

The Legg Mason Permal Investment Holdings Trust managed fund belongs to the Alternative - Other sector/asset class.

As at 31 Oct 2009, the size of the Legg Mason Permal Investment Holdings Trust managed fund was $6.87 million.

The Legg Mason Permal Investment Holdings Trust managed fund has an inception date of 31 Jan 2008.

The current entry price of the Legg Mason Permal Investment Holdings Trust managed fund is $0.8804 per unit and the current exit price is $0.8804 per unit (as at 15 May 2010).

The current exit price of the Legg Mason Permal Investment Holdings Trust managed fund is $0.8804 per unit and the current entry price is $0.8804 per unit (as at 15 May 2010).

The minimum initial investment amount for the Legg Mason Permal Investment Holdings Trust managed fund is $500,000. Minimum additional investment is $20000.

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.