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Legg Mason US Dollar Money Fund

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About The Fund

Investment Aim

The Fund seeks to provide returns in line with major money markets, mainly by investing in investment grade transferable securities denominated in US dollars or foreign currencies fully hedged back to the US dollar.

Performance Benchmark

Citigroup 3 Month US Domestic T-Bill
 
  • Invests principally in US money market instruments.
  • Managed by one of the world's largest fixed income managers.
 
 
 

About the Investment Strategy

  • The Fund primarily invests in securities with low volatility, minimal credit risk and high marketability, with an initial or residual maturity of less than 12 months.
  • The Fund aims to maintain an average credit quality of the Fund's portfolio is 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 FCP (Luxembourg), which describe the full risk factors associated with this Fund.