Legg Mason Western Asset US Short-Term Government Fund

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About the Fund

Investment Aim

The Fund seeks to generate current income, while preserving the value of its shareholders’ investment, by investing at least 70% of its Total Asset Value in debt securities issued or guaranteed by the US government, its agencies, instrumentalities or political sub-divisions. The Fund is designed with a view to providing a higher level of current income than is generally available from money market funds.

Performance Benchmark

Barclays Capital Government 1-3 Year
 
  • Seeks to generate income while preserving capital.
  • Managed by one of the world's largest fixed income managers.
 
 
 

About the Investment Strategy

  • The Fund seeks to generate higher income than a money market fund.
  • It focuses on short-term US government securities, including mortgage-backed securities, US Treasury obligations and collateralised mortgage obligations.
  • The Fund aims to maintain an average credit quality of AAA.

About the Investment Team

Founded in 1971, Western Asset has decades of experience in fixed income investing and is now one of the world's largest managers of fixed income investments. Western Asset follows a team-focused approach comprising groups of specialists dedicated to all the major areas of the fixed income market. Western Asset'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.

General Fund Literature

Fact Sheet
Quarterly Commentary
Annual Report
Semi-Annual Report
Full Prospectus
Simplified Prospectus
Prospectus Supplement
Initial Application Form
Subsequent Subscription Form
Redemption Form
 
 
Risk Factors: Fluctuations in exchange rates can affect the value of the Fund and the income from it. Please refer to the Simplified Prospectus and Prospectus documentation for Legg Mason Global Funds plc, which describe the full risk factors associated with this Fund