General Information

Legg Mason Western Asset Macro Opps Bd A
Legg Mason Asset Management Ltd (AU)
SSB0070AU
Alternative Strategies
Not Rated
Investment Fund
22 Aug 2016
$73.69 million (as at 14 Dec 2017)
$1.12898 (as at 14 Dec 2017)
$1.1283 (as at 14 Dec 2017)

Fund performance (30 Nov 2017)

NOTE : returns for periods greater than 1 year are annualised
  1 Month % 3 Month % 6 Month % 1 Year % p.a. 2 Year % p.a. 3 Year % p.a. 5 Year % p.a. 10 Year % p.a.
Total return 1.08 0.69 5.62 15.94 - - - -
Growth return 1.08 0.69 5.62 15.94 - - - -
Income return 0 0 0 0 - - - -

Market index (RBA Bank accepted Bills 90 Days)

Total return 0.14 0.42 0.85 1.74 1.89 2.02 2.31 3.55
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Fund Performance Comparison

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Asset Allocation (30 Nov 2017)

Australian Equities 0%
International Equities 0%
Cash 4.06%
Property 0%
Fixed Interest 95.94%
Alternatives 0%
Asset Allocation

Objectives and Strategy

The Fund seeks to maximise total return through capital appreciation and income by investing in a combination of investment grade, high yielding debt securities and financial derivative instruments.
The investment strategy of the Underlying Fund is summarised as follows: - An unconstrained, global macro fixed income strategy that seeks to maximize total return, while managing risk relative to an annualised volatility target of 10%. - Focuses on long-term value investing and active management of duration, yield curve and volatility by identifying relative value among securities and sectors in global fixed income markets.

Offer information

Indirect Cost Ratio (ICR) 1.21% (as at 30 Jun 2017)
Minimum initial investment $30,000
Minimum additional investments $5,000.00
Minimum redemption amount $5,000.00

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