New to mFund

Invest in the funds via mFund codes: LMA10-21

As of 1 April 2019, investors now have access to an additional 12 of Legg Mason’s funds via the mFund service across asset classes including fixed income, equities and property securities.

Legg Mason is proud to be a foundation member of the ASX mFund Settlement Service. The addition of these funds makes Legg Mason the largest investment provider of mFunds as at 1 April 2019, with a total of 19 funds available to investors to access through the service.

ASX Code	Legg Mason mFund	Asset Class
LMA19	Legg Mason Western Asset Cash Plus Fund	Cash Plus
LMA10	Legg Mason Brandywine Global Income Optimiser Fund	Fixed Income
LMA20	Legg Mason Western Asset Global Bond Fund
LMA21	Legg Mason Western Asset Macro Opportunities Bond Fund
LMA11	Legg Mason Martin Currie Core Equity Fund	Equity
LMA13	Legg Mason Martin Currie Ethical Income Fund
LMA14	Legg Mason Martin Currie Ethical Values with Income Fund
LMA17	Legg Mason Martin Currie Select Opportunities Fund
LMA12	Legg Mason Martin Currie Emerging Markets Fund
LMA15	Legg Mason Martin Currie Global Long-Term Unconstrained Fund
LMA18	Legg Mason QS Investors Global Equity Fund
LMA16	Legg Mason Martin Currie Property Securities Fund	Property Securities

About Legg Mason

Guided by a mission of ‘Investing to Improve LivesTM, Legg Mason helps investors globally achieve better financial outcomes by expanding choice across investment strategies, vehicles and investor access through independent investment managers with diverse expertise in equity, fixed income, alternative and liquidity investments. As at 31 December 2018, Legg Mason’s assets under management are over AUD$1 trillion.

Visit our new website at www.leggmason.com.au

 

Snapshot of new Legg Mason mFunds

 

Legg Mason Brandywine Global Income Optimiser Fund (ASX: LMA10)

Asset class: Global Fixed Income

Investment objective: Seeks to generate a high and consistent level of income in all market conditions over a full market cycle with a secondary objective of capital preservation.

Highlights:

• An actively managed portfolio of global fixed income securities that the investment manager believes are undervalued and aims to offer high real yield returns
• Designed to provide long-term performance by capturing market upside whist avoiding market downside
• Takes advantage of currency opportunities to enhance returns

For more information about this Fund, visit the Product page on the Legg Mason website

Legg Mason Western Asset Global Bond Fund (ASX: LMA20)

Asset class: Global Fixed Income

Investment objective: aims to outperform the Bloomberg Barclays Global Aggregate Bond Index (hedged into Australian dollars) over rolling three to five-year periods.

Highlights:

• An actively managed global bond fund that aims to add value through country and currency allocation, sector rotation, duration and yield curve management, as well as issue selection
• Opportunistic allocations to high yield credit and emerging market debt securities
• Risk controlled through broad diversification across markets and sectors, duration management and active hedging of currency exposure

For more information about this Fund, visit the Product page on the Legg Mason website

Legg Mason Western Asset Macro Opportunities Bond Fund (ASX: LMA21)

Asset class: Global Fixed Income

Investment objective: 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.

Highlights:

• A total-return focused, unconstrained fixed income fund that invests in a combination of investment grade, high yielding debt securities and financial derivative instruments
• Provides concentrated and opportunistic exposures to investment manager’s key themes
• Designed to potentially have low correlations to equity and traditional fixed income over the long term

For more information about this Fund, visit the Product page on the Legg Mason website

Legg Mason Martin Currie Core Equity Fund (ASX: LMA11)

Asset class: Australian Equities

Investment objective: Aims to earn an after-fee return in excess of the S&P/ASX 200 Accumulation Index over rolling three-year periods.

Highlights:

• Invest in Australian listed securities trading below intrinsic values based on the investment manager’s analysis
• Target to maximise risk-reward opportunities across the cycle with a concentrated portfolio
• Designed to take advantage of market behavioural bias and stand against the investment crowd

For more information about this Fund, visit the Product page on the Legg Mason website

Legg Mason Martin Currie Ethical Income Fund (ASX: LMA13)

Asset class: Australian Equities

Investment Objective: aims to provide an after tax income yield above the S&P/ASX 200 Index and to grow this income above the rate of inflation.

Highlights

• Aims to deliver a high and growing income stream by investing in quality, ethically screened Australian listed companies
• Strong focus on income growth to protect purchasing power
• ESG factors provide a key input into stock selection, retention and realisation

For more information about this Fund, visit the Product page on the Legg Mason website

Legg Mason Martin Currie Ethical Values with Income Fund (ASX: LMA14)

Asset class: Australian Equities

Investment objective: Aims to provide an after tax income yield above the S&P/ASX 200 Index and to grow this income above the rate of inflation.

Highlights:

• Aims to deliver a high and growing income stream by investing in quality, ethically screened Australian listed companies
• Strong focus on income growth to protect purchasing power
• ESG factors provide a key input into stock selection, retention and realisation

For more information about this Fund, visit the Product page on the Legg Mason website

Legg Mason Martin Currie Select Opportunities Fund (ASX: LMA17)

Asset class: Australian Equities

Investment Objective: Aims to earn an after-fee return in excess of the S&P/ASX 200 Accumulation Index over rolling five-year periods.

Highlights

• A high conviction, concentrated Fund investing in Australian listed securities trading below their intrinsic value
• An unconstrained approach allows investment in the manager’s best ideas
• Designed to take advantage of market behavioural bias and prepared to take a contrarian view to the market

For more information about this Fund, visit the Product page on the Legg Mason website

Legg Mason Martin Currie Emerging Markets Fund (ASX: LMA12)

Asset class: Global Equities

Investment Objective: Aims to deliver capital growth by investing directly or indirectly in equities of companies that are quoted in or operating in one or more countries deemed to be emerging markets. The Fund aims to generate after fee returns in excess of the MSCI Emerging Markets Index expressed in Australian dollars over rolling five-year periods.

Highlights

• A high conviction portfolio of the best emerging market companies identified by Martin Currie’s fundamental bottom up research process
• Focuses on companies where the investment team believes long-term growth prospects are not yet reflected in their stock prices
• Flexible portfolio construction as investments are not restricted by market cap, country or sector limits

For more information about this Fund, visit the Product page on the Legg Mason website

Legg Mason QS Investors Global Equity Fund (ASX: LMA18)

Asset class: Global Equities

Investment Objective: Aims to earn an after-fee return in excess of the MSCI World ex Australia Index, net dividends reinvested, in Australian dollars over rolling three-year periods.

Highlights

• Provides core, active global equity exposure with a long track record of alpha generation
• Competitive pricing structure
• An attractive alternative to passive investment that blends well with more concentrated, factor biased investment strategies

For more information about this Fund, visit the Product page on the Legg Mason website

Legg Mason Martin Currie Property Securities Fund (ASX: LMA16)

Asset class: Property Securities

Investment Objective: Aims to earn an after-fee return in excess of the S&P/ASX 300 A-REIT Accumulation Index over rolling three-year periods.

Highlights

• The Fund invests in a diversified portfolio of listed Australasian (ex-Japan) property or related securities trading below intrinsic values
• Focused on replacement cost rents and securities with sustainable cash flows
• Dedicated local team with deep knowledge of property markets enables research insights to be captured and implemented quickly and consistently

For more information about this Fund, visit the Product page on the Legg Mason website

Legg Mason Western Asset Cash Plus Fund (ASX: LMA19)

Asset class: Cash Plus

Investment objective: Aims to achieve a before-fee-and-tax return in excess of the Bloomberg Ausbond Bank Bill Index over rolling one year periods.

Highlights:

• Invests in a portfolio of Australian short duration credit, cash and cash-like securities
• Seeks to protect capital and deliver returns in excess of the cash rate
• Designed to capture relative value opportunities in duration management as well to identify securities with attractive yield characteristics

For more information about this Fund, visit the Product page on the Legg Mason website

Legg Mason Asset Management Australia Ltd (ABN 76 004 835 849 AFSL 240827) (Legg Mason) is part of the Global Legg Mason Inc. group. Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. The information in this document is of a general nature only and is not intended to be, and is not, a complete or definitive statement of matters described in it. It has not been prepared to take into account the investment objectives, financial objectives or particular needs of any particular person. Legg Mason Australia does not guarantee the accuracy or completeness of this document. Before making an investment decision you should read the Product Disclosure Statement (PDS) for the Funds carefully and you need to consider, with or without the assistance of a financial advisor, whether such an investment is appropriate in light of your particular investment needs, objectives and financial circumstances. The PDSs are available and can be obtained by contacting Legg Mason Australia on 1800 679 541 or at www.leggmason.com.au. Neither Legg Mason Australia, nor any of its related parties guarantees any performance or the return of capital invested. Past performance is not necessarily indicative of future performance. Investments are subject to risks, including, but not limited to, possible delays in payments and loss of income or capital invested. These opinions are subject to change without notice and do not constitute investment advice or recommendation. Some material is copyright and published under licence from ASX Operations Pty Ltd ACN 004 523 782 ("ASXO").