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Legg Mason Western Asset Asian Opportunities Fund

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About The Fund

Investment Aim

The Fund seeks to maximise total return through income and capital appreciation by investing at least 70% of its Total Asset Value in debt securities issued by Asian issuers and in derivatives on Asian interest rates and currencies. The Fund seeks to achieve its investment objective by investing primarily in debt securities of issuers located in a number of different Asian and emerging Asia/Pacific countries. The types of derivatives that the Fund may use include options, futures, swaps and forward currency exchange contracts.

Performance Benchmark

HSBC Asian Local Bond Overall Index

Invests principally in debt securities issued by Asian issuers and in derivatives on Asian interest rates and currencies
Local currency issues, duration and sector allocation are the key focal points for analysis
Managed by one of the world's largest fixed income managers
Standard and Poor’s fund management rating: A.

About the Investment Strategy

Focus on duration, local currency issues, and sector allocation
Long-term and value orientation
Diversified strategy

About the Investment Team

Founded in 1971, Western Asset Management has decades of experience and is now one of the world's largest managers of fixed income investments. Western Asset Management follows a team-focused approach comprising groups of specialists dedicated to all the major areas of the fixed income market. Its expertise extends globally across major bond markets.

General Fund Literarture

Fact Sheet

Annual Report

Semi-Annual Report

Summary Prospectus


		The Fund may invest up to 100% of its NAV in mortgage related securities, including mortgage-backed securities (MBS), stripped securities, and asset-backed securities (ABS) and derivatives (e.g. options, futures and options on futures, swaps and/or forward currency exchange contracts), which can involve material additional risks, e.g. counterparty default risk, and may expose the Fund to significant losses.

		Investors should read and understand the Fund’s most current offering document, including details of risk factors relevant to the Fund and, in particular, the risk of investment in the securities of emerging markets issuers, MBS, stripped securities, ABS and derivatives, before making an investment in the Fund.

		An investment in the Fund may not be suitable for all investors and should not constitute a substantial proportion of an investment portfolio. The investment decision is yours but you should not invest in the Fund unless the intermediary who sells it to you has advised you that it is suitable for you and has explained why, including how buying it would be consistent with your investment objectives.