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Western Asset U.S. Core Plus Bond Fund

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About The Fund

Investment Aim

The Fund seeks to maximise total return (Income plus capital appreciation) by investing primarily in investment grade US fixed income securities.

Performance Benchmark

Barclays Capital U.S. Aggregate Index (Lehman Brothers Long Government/Credit Index prior to 01/05/2008).
 
  • Seeks to maximise returns by primarily investing in US investment grade bonds.
  • Managed by one of the world's largest fixed income managers.
 
 
 

About the Investment Strategy

  • The Fund invests in investment grade securities, including US government bonds, US corporate debt securities, mortgage-related instruments and asset-backed securities.
  • By taking a total return approach, ain investor may be able to take advantage of both yield and price fluctuations.
  • The Fund aims to maintain an average credit quality of AA-.

About the Investment Team

Founded in 1971, Western Asset Management has decades of experience in fixed income investing 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. Western Asset Management's philosophy is to provide diversified, tightly controlled, value-oriented portfolios through a focus on long-term fundamental value investing and by applying multiple diversified strategies.

 
 
Risk Factors: Fluctuations in exchange rates can affect the value of the Fund and the income from it. Investment in a fixed income fund does not include security of capital which is characteristic of a deposit with a bank or building society. Please refer to the offering document for Legg Mason Global Funds plc, which describe the full risk factors associated with this Fund