Legg Mason Western Asset US Money Market Fund

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About The Fund

Investment Aim

The Fund seeks to provide a reasonable level of income consistent with the preservation of capital through investments in high quality, short-term money market instruments denominated in US dollars.

Performance Benchmark

Citi 1 Month US Treasury Bill Index
 
  • Seeks to generate income while preserving capital.
  • Managed by one of the world's largest fixed income managers.
 
 
 

About the Investment Strategy

  • The Fund invests at least two thirds of its assets in high quality, short-term money market instruments, denominated in US dollars and originated by US issuers.
  • Value is added through credit selection, yield curve positioning, and duration management. Duration measures a portfolio's sensitivity to changes in interest rates.
  • Portfolio risk is controlled through investing in only the highest quality short-term instruments and limiting the maximum maturity of the instruments to 12 months.

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 Literature

Fact Sheet
Annual Report
Semi-Annual Report
Extract Prospectus
 
 

  		•  The Fund may invest in a single country which may give rise to increased risk over more diversified funds.
  		• Investors should read and understand the Fund’s most current offering document, including details of risk factors relevant to the Fund 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.