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  5. Legg Mason Diversified Fixed Income A - Managed fund profile

Legg Mason Diversified Fixed Income A - Managed Fund (Closed)

Fund Objective
To earn a gross return of 1% p.a. in excess of a composite benchmark over rolling three-year periods. The composite benchmark comprises 50% the UBS Australian Composite Bond Index and 50% the Lehman Brothers Global Aggregate Index (hedged into Australian dollars).
Fund Strategy
The Investment Strategy is an active management approach that aims to capture incremental returns from a variety of diversified sources.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 1.18% 2.81% 4.33% 8.39% 11.92% 8.67% 6.21% 5.84%
Growth return 1.18% 2.81% 4.33% 5.1% 8.68% 4.88% 1.56% -0.14%
Income return 0% 0% 0% 3.29% 3.24% 3.79% 4.65% 5.98%
Market index (MorningstarAus BBG AuBd Cmp/BCGA TR HAUD)
Total return 0.41% 1.15% 2.25% 3.58% 4.56% 3.13% -0.32% 2.05%
As at 31 May 2011. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Legg Mason Diversified Fixed Income A
Cash
0.21%
Fixed Interest
99.79%
International Equities
0%
Alternatives
0%
Average Allocation of Peers
Cash
3.15%
Fixed Interest
96.82%
International Equities
0%
Alternatives
0.03%

General Information

Fund Details
Type Description
Legg Mason Diversified Fixed Income A (Wholesale)
Closed
Legg Mason Asset Management Ltd (AU)
JPM0018AU
Bonds - Global / Australia
starstarstar (as at 31 May 2011)
Investment Fund
1 Oct 1999
$0.24 million (as at 31 May 2011)
$1.01278 (as at 21 Jun 2011)
$1.01156 (as at 21 Jun 2011)
Finalised
Offer information
Type Description
MER 0.57% (as at 30 Jun 2005)
Indirect Cost Ratio (ICR) 0.72% (as at 30 Jun 2010)
Minimum initial investment $500,000

FAQs about the Legg Mason Diversified Fixed Income A

The objective of the Legg Mason Diversified Fixed Income A managed fund is To earn a gross return of 1% p.a. in excess of a composite benchmark over rolling three-year periods. The composite benchmark comprises 50% the UBS Australian Composite Bond Index and 50% the Lehman Brothers Global Aggregate Index (hedged into Australian dollars).

The strategy of the Legg Mason Diversified Fixed Income A managed fund is The Investment Strategy is an active management approach that aims to capture incremental returns from a variety of diversified sources.

The APIR code of the Legg Mason Diversified Fixed Income A managed fund is JPM0018AU.

Legg Mason Diversified Fixed Income A’s total return last month was 1.18%. This was made up of a growth return of 1.18% and an income return of 0%. These returns were calculated as at 31 May 2011.

Legg Mason Diversified Fixed Income A’s total return for the last three months was 2.81%. This was made up of a growth return of 2.81% and an income return of 0%%. These returns were calculated as at 31 May 2011.

Legg Mason Diversified Fixed Income A’s one-year total return is 8.39%. This was made up of a growth return of 5.1% and an income return of 3.29%. These returns were calculated as at 31 May 2011.

Legg Mason Diversified Fixed Income A’s one-year total return is 8.67%. This was made up of a growth return of 4.88% and an income return of 3.79%. These returns were calculated as at 31 May 2011.

The asset allocation of the Legg Mason Diversified Fixed Income A managed fund is :

Cash
0.21%
Fixed Interest
99.79%
International Equities
0%
Alternatives
0%

The Responsible Entity for the Legg Mason Diversified Fixed Income A managed fund is Legg Mason Asset Management Ltd (AU).

The Legg Mason Diversified Fixed Income A managed fund belongs to the Bonds - Global / Australia sector/asset class.

As at 31 May 2011, the size of the Legg Mason Diversified Fixed Income A managed fund was $0.24 million.

The Legg Mason Diversified Fixed Income A managed fund has an inception date of 1 Oct 1999.

The current entry price of the Legg Mason Diversified Fixed Income A managed fund is $1.01278 per unit and the current exit price is $1.01156 per unit (as at 21 Jun 2011).

The current exit price of the Legg Mason Diversified Fixed Income A managed fund is $1.01156 per unit and the current entry price is $1.01278 per unit (as at 21 Jun 2011).

The minimum initial investment amount for the Legg Mason Diversified Fixed Income A managed fund is $500,000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.