Close Close

Login
By choosing a path, you are agreeing to our Terms & Conditions for this service.

Legg Mason Growth Fund

Increase font size Decrease font size
Print  |  Adjust Font Size
 

About The Fund

Investment Aim

The Fund seeks to maximise long-term capital appreciation with a minimum long term risk to principal by investing at least two-thirds of its Total Asset Value in equity securities of U.S. issuers that, in the Sub-Investment Manager's opinion, are undervalued at the time of purchase that appear to have strong potential for growth.

Performance Benchmark

Russell 1000 Growth Index
 
  • Invests primarily in large-cap US companies that have the potential for growth.
  • Uses a highly concentrated portfolio.
  • Highly experienced investment team.
 
 
 

About the Investment Strategy

  • The Fund's focus is on large-cap secular growth companies that stand to benefit from specific long-term trends such as changing demographics.
  • Companies are targeted that exhibit above average economic growth and possess a sustainable long-term competitive position.
  • Portfolio construction is developed in the belief that the Fund should be tightly focused on the best long-term investment opportunities, and the Fund aims to achieve a concentrated portfolio of 20 to 30 holdings.
  • The Fund aims to keep turnover low as the investment team follows a 'buy-and-hold' strategy.

About the Investment Team

Legg Mason Capital Management is a specialist in the management of US large-cap equities. Based in Baltimore, Maryland, LMCM is well-known for its distinctive value investment process and long history of outperforming its benchmarks.

General Fund Literarture

pdf Fact Sheet
pdf Annual Report
pdf Semi-Annual Report
pdf Summary Prospectus
 
 
Risk Factors: Fluctuations in exchange rates can affect the value of the Fund and the income from it. The Fund may select fewer equities in which to invest and this concentration carries more risk than funds investing in a larger number of companies. Please refer to the offering document for Legg Mason Global Funds plc, which describes the full risk factors associated with this Fund.