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  5. Legg Mason Permal Global Absolute Trust A - Managed fund profile

Legg Mason Permal Global Absolute Trust A - Managed Fund (Closed)

Fund Objective
The Trust aims to earn a gross return of 8 to 10% p.a. over a full market cycle (three to five year periods).
Fund Strategy
The trust aims to achieve the investment objective primarily by holding shares in Legg Mason Permal global Absolute fund, domiciled in Ireland. The Legg Mason Permal Global Absolute Fund Seeks to generate absolute returns over the medium-term through a macro style investment process. The Legg Mason Permal Global Absolute Fund offers broad exposure to a wide range of investments and has the flexibility to invest where the best investment opportunities. The trust may also hold cash and derivatives whether directly or through unit trusts.

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 0.41% 1.92% 5.28% 7.63% 3.42% -% -% -%
Growth return 0.41% 1.92% 4.54% 6.88% 1.78% -% -% -%
Income return 0% 0% 0.74% 0.75% 1.64% -% -% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.34% 1.02% 2.13% 4.35% 4.28% 3.67% 2.21% 1.99%
As at 30 Nov 2012. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Legg Mason Permal Global Absolute Trust A
International Equities
16.73%
Cash
55.30%
Property
5.91%
Fixed Interest
10.87%
Alternatives
11.19%
Australian Equities
0%
Average Allocation of Peers
International Equities
7.52%
Cash
43.46%
Property
1.93%
Fixed Interest
17.40%
Alternatives
25.41%
Australian Equities
4.28%

General Information

Fund Details
Type Description
Legg Mason Permal Global Absolute Trust A (Wholesale)
Closed
Legg Mason Asset Management Ltd (AU)
SSB0016AU
Alternative - Other
Not Rated
Investment Fund
26 May 2010
$0 million (as at 30 Nov 2012)
$1.06905 (as at 19 Dec 2012)
$1.06905 (as at 19 Dec 2012)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 2.06% (as at 30 Jun 2012)
Minimum initial investment $500,000
Minimum additional investments $10.00

FAQs about the Legg Mason Permal Global Absolute Trust A

The objective of the Legg Mason Permal Global Absolute Trust A managed fund is The Trust aims to earn a gross return of 8 to 10% p.a. over a full market cycle (three to five year periods).

The strategy of the Legg Mason Permal Global Absolute Trust A managed fund is The trust aims to achieve the investment objective primarily by holding shares in Legg Mason Permal global Absolute fund, domiciled in Ireland. The Legg Mason Permal Global Absolute Fund Seeks to generate absolute returns over the medium-term through a macro style investment process. The Legg Mason Permal Global Absolute Fund offers broad exposure to a wide range of investments and has the flexibility to invest where the best investment opportunities. The trust may also hold cash and derivatives whether directly or through unit trusts.

The APIR code of the Legg Mason Permal Global Absolute Trust A managed fund is SSB0016AU.

Legg Mason Permal Global Absolute Trust A’s total return last month was 0.41%. This was made up of a growth return of 0.41% and an income return of 0%. These returns were calculated as at 30 Nov 2012.

Legg Mason Permal Global Absolute Trust A’s total return for the last three months was 1.92%. This was made up of a growth return of 1.92% and an income return of 0%%. These returns were calculated as at 30 Nov 2012.

Legg Mason Permal Global Absolute Trust A’s one-year total return is 7.63%. This was made up of a growth return of 6.88% and an income return of 0.75%. These returns were calculated as at 30 Nov 2012.

Legg Mason Permal Global Absolute Trust A’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 30 Nov 2012.

The asset allocation of the Legg Mason Permal Global Absolute Trust A managed fund is :

International Equities
16.73%
Cash
55.30%
Property
5.91%
Fixed Interest
10.87%
Alternatives
11.19%
Australian Equities
0%

The Responsible Entity for the Legg Mason Permal Global Absolute Trust A managed fund is Legg Mason Asset Management Ltd (AU).

The Legg Mason Permal Global Absolute Trust A managed fund belongs to the Alternative - Other sector/asset class.

As at 30 Nov 2012, the size of the Legg Mason Permal Global Absolute Trust A managed fund was $0 million.

The Legg Mason Permal Global Absolute Trust A managed fund has an inception date of 26 May 2010.

The current entry price of the Legg Mason Permal Global Absolute Trust A managed fund is $1.06905 per unit and the current exit price is $1.06905 per unit (as at 19 Dec 2012).

The current exit price of the Legg Mason Permal Global Absolute Trust A managed fund is $1.06905 per unit and the current entry price is $1.06905 per unit (as at 19 Dec 2012).

The minimum initial investment amount for the Legg Mason Permal Global Absolute Trust A managed fund is $500,000. Minimum additional investment is $10.

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.