Legg Mason Euroland Cash Fund

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About the Fund

Investment Aim

The Fund seeks to provide returns in line with the euro cash market mainly through investments in euro denominated bonds, although up to 25% can be invested in non-euro denominated bonds (hedged back to the euro). The Fund invests in fixed or floating rate securities, so that the average weighted maturity of the Fund’s portfolio does not exceed 12 months.

Performance Benchmark

Citigroup 3 Month Eurodeposit Index
 
  • Invests principally in euro-denominated money market and short term debt instruments.
  • Managed by one of the world's largest fixed income managers.
 
 
 

About the Investment Strategy

  • The Fund's portfolio comprises money market and short-term debt instruments, with the maximum maturity of its investments limited to 12 months.
  • The Fund's investments include fixed or floating rate securities.
  • 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 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.

 
 
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 Managed Solutions Sicav, which describe the full risk factors associated with this Fund.