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Legg Mason Western Asset Emerging Markets Bond Fund

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About The Fund

Investment Aim

The Fund seeks to maximise total return by investing primarily in a wide range of emerging market government and corporate debt, denominated in US dollars.

Performance Benchmark

JP Morgan Emerging Markets Bond Index Plus
 
  • Invests in emerging market debt securities across the major fixed-income sectors.
  • Focuses on higher quality bond issuers using rigorous credit analysis.
  • Managed by one of the world's largest fixed income managers.
 
 
 

About the Investment Strategy

  • The Fund is invested in a diversified portfolio of government and corporate bond issues across emerging fixed income markets in Latin America, Eastern Europe, Asia and Africa.
  • It is focussed on higher quality bond issuers using rigorous credit analysis and an emphasis on higher quality debt.
  • Risk is controlled through country and sector diversification together with close monitoring of economic and political developments.
  • The Fund aims to maintain an average credit quality of BB+/Ba1.

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.

 
 

  • 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), 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 investments 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. 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.