Legg Mason Western Asset Asian Bond Trust

Adjust Font Size

About The Fund

Investment Aim

To maximise returns over the long term by investing mainly in the bond markets of Asia's developing economies.

Performance Benchmark

From 1 April 2011, benchmark is US$ 3-month LIBOR hedged to S$. From Nov 06, benchmark is Customised JP Morgan Asian Credit Index, Sovereign & Quasi Sovereign, fully hedged into SGD. From Oct 02 to Oct 06, benchmark was JP Morgan Asian Credit Index - Sovereign and Quasi Sovereign (Hedged in S$). Since Jan 99 to Sep 02, benchmark was JP Morgan Asian Credit Index Sovereign (Hedged in S$).

	Unit NAV
NAV:	SGD 1.340
High*:	SGD 1.348
Low*:	SGD 0.730
*Based on since inception month end prices.

Fund Size:	SGD 45 million
All data are as of 31 December 2011.

About the Investment Strategy

The Managers will pursue an active but prudent approach which employs fundamental economic and market analysis to take maximum advantage of short and medium to long term investment opportunities in interest rate and currency trends of the bond markets.
To help limit foreign exchange risk, a minimum of 70% of non-S$ currency exposure of the fund will be hedged to S$.
The Fund has no target industry or sector

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's expertise also extends across all of the world's major bond markets.

General Fund Literature

Fact Sheet
Fact Sheet (Chinese)
Prospectus
Product Highlight Sheet
Annual Report
Interim Report

This document, prepared by Legg Mason Asset Management Singapore Pte. Limited ("Legg Mason"), is for information only and does not constitute an offer nor solicitation to buy or sell any units of the Fund. The prospectus of the Fund is available and may be obtained from Legg Mason or its authorised distributors. Investors should read the prospectus prior to any subscription. All applications for units in the Fund must be made on the application forms accompanying the prospectus. An investment in the Fund is subject to investment risks, including the possible loss of the principal amount invested. The value of units and the income accruing to the units, if any, may fall or rise and past performance is not necessarily a guide for future performance.

The Fund may invest in derivatives for hedging or efficient portfolio management purposes. Please refer to the prospectus for more information.

All opinions and estimates in this document constitute Legg Mason's house view as of the date of this document and is subject to change without notice. Legg Mason, its affiliates, officers or directors, may have an interest in the acquisition or disposal of the securities mentioned herein.

Distribution of this document may be restricted in certain jurisdictions; persons into whose possession this publication comes should inform themselves of and observe such restrictions. This document does not constitute the distribution of any information or the making of any offer or solicitation by anyone in any jurisdiction in which such distribution or offer is not authorized or to any person to whom it is unlawful to distribute this document. This Fund is not available to US citizens, residents or greencard holders and may not be available in all jurisdictions.