Legg Mason Western Asset Brazil Equity Fund

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About the Fund

Investment Aim

The Fund's investment objective is to achieve long-term capital appreciation.

Performance Benchmark

MSCI Brazil Total Return Net Dividend Index
 
  • The Fund aims to achieve long-term capital appreciation
  • The Fund pursues a "Growth at a Reasonable Price" approach
  • Highly experienced investment team
 
 
 

About the Investment Strategy

  • Bottom-up, fundamental, research-driven approach
  • "Growth at a Reasonable Price" the objective
  • The aim is to buy and hold stocks trading well below their intrinsic value, but which present an above-average growth outlook
  • Team decision process

About the Investment Team

Western Asset Brazil is focused on their local market. The equities team has an average of over 13 years' experience in the Brazilian equities market.

General Fund Literature

Fact Sheet
Full Prospectus
Simplified Prospectus
 
 

Risk Factors: The value of investments and the income from them can go down as well as up, and investors may not get back the amount originally invested. Past performance is no guide to future returns and may not be repeated.

The Fund may invest in certain types of derivatives whether for investment purposes or the purposes of efficient portfolio management including, but not limited to, options, futures, futures and options on futures and swaps to gain or hedge exposure to the investments contemplated in these investment policies. The Fund will not directly short securities but instead will hold short positions exclusively through financial derivative instruments. The Fund will not be leveraged, including any synthetic short positions, in excess of 100 per cent of its Net Asset Value.

Assets of the Fund will be invested in investments denominated in currencies other than the Base Currency. The Fund may be exposed to currency risk due to fluctuations in the exchange rate between such other currencies and the US Dollar. The Sub- Investment Manager will not hedge currency risk. More information concerning such currency hedging strategies and the risks associated therewith are set forth in the “Investment Techniques and Instruments and Financial Derivative Instruments” and “Risk Factors” sections herein.

Due to its investment policies, this Fund may have particularly volatile performance.

An investment in the Fund should not constitute a substantial proportion of an investment portfolio and may not be appropriate for all investors.

Please refer to the Simplified Prospectus and Prospectus documentation, which describe the full objective and risk factors associated with this Fund.