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Western Asset UK£ Inflation Linked Plus Bond Fund

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About the Fund

Investment Aim

To maximise total return, consistent with capital preservation, by investing primarily in inflation index debt securities denominated in sterling and issued or guaranteed by national governments, their agencies, instrumentalities and political sub-divisions based or operating predominantly in the UK. The Fund may also invest in other types of freely transferable debt securities denominated in sterling that are not indexed to inflation.

Performance Benchmark

FTSE-A Index-Linked Gilts Over 5 Years Index
 
  • Invests primarily in inflation index debt securities denominated in sterling.
  • Credit quality: The Investment Manager will only purchase investments that are rated at least investment grade by a nationally recognised statistical rating organisation (NRSRO).
 
 
 

About the Investment Strategy

  • Construct a well diversified, higher yielding, inflation-protected portfolio with a bias towards inflation-linked securities.
  • Value is added through sector rotation.
  • The portfolio will invest opportunistically in non-sterling bonds.

About the Investment Team

Founded in 1971, Western Asset has decades of experience 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. Its expertise extends globally across major bond markets.

 
 
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 Institutional Funds plc, which describe the full risk factors associated with this Fund.