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Legg Mason WA EM Corp Bd A Dist (M) USD

Ranked 10 out of 13 in - Emerging Markets Global Corporates over 12 months
All calculations are in USD unless stated

Managed by

Chia-Liang Lian

Chia-Liang Lian, CFA, is head of emerging markets debt at Western Asset Management Company. He joined the firm in 2011 and prior to this was head of emerging Asia portfolios at Pacific Investment Management Company. Lian graduated with a degree in economics as part of the MAS scholars programme from the National University of Singapore.

Objective

The Fund's investment objective is to maximise total return, consisting of income and capital appreciation. The Fund invests at least 70 per cent of its Net Asset Value in Emerging Market Corporate Bonds. All debt securities purchased by the Fund will be, at the time of purchase, rated at least B3 or B- by an NRSRO or if unrated of a comparable quality as determined by the Sub-Investment Managers. Due to the investment policies of the Fund, it may have highly volatile performance.

Showing fund performance in Hong Kong View performance globally

Performance

Emerging Markets Global Corporates over : 30/11/2017 - 30/11/2018

Total Return

Quarterly Performance

to 30/09/2018 Annual Q1 Q2 Q3 Q4
2018 -1.8% -3.4% 0.9%
2017 8.5% 3.6% 1.5% 2.5% 0.7%
2016 9.2% 3.8% 4.3% 3.0% -2.0%
2015 -3.7% 0.7% 1.5% -5.6% -0.2%
2014 -2.7% 2.3% 4.5% -1.9% -7.2%
2013 -2.8% -0.6% -5.1% 1.2% 1.8%
2012 14.4% 5.3% 0.3% 5.7% 2.5%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/10/2018

Top 10 Holdings

Stock Size
PETROBRAS GL FIN 6.25% 03/17/24 SR: 2.74%
Lukoil Intl Fin 6.656% 07-Jun-2022 2.30%
Hutchison Whampo 3.625% 31-Oct-2024 2.09%
PETROBRAS GL FIN 6.85% 06/05/15 SR: 1.90%
SHINHAN BANK 3.875% 24-Mar-2026 1.76%
Vale Overseas 6.875% 10-Nov-2039 1.52%
Oversea-Chinese Banking Corporation Ltd 4.250% 19-Jun-2024 1.48%
Abu Dhabi National Energy Company PJSC 4.875% 23-Apr-2030 1.40%
Itau Uniban PERP 1.35%
Teva Pharma IV 3.650% 10-Nov-2021 1.35%
31/10/2018

Registered For Sale In

  1. Austria
  2. Chile
  3. France
  4. Germany
  5. Hong Kong
  6. Ireland
  7. Macau
  8. Switzerland
  9. United Kingdom

Fund Info

  • Launch date21/10/2011
  • Share Class size00Mn
  • Base currencyUSD
  • ISIN IE00B45DY544

Purchase Info

  • Min. initial investment1,000
  • Min. regular additional investment500

Charges

  • Annual management1.50%

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).