Western Asset US Money Market Fund

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About The Fund

Investment Aim

The Fund seeks to provide a reasonable level of current income, consistent with the preservation of capital, by investing at least two-thirds of its Total Asset Value in high-quality, short-term Money Market Instruments denominated in U.S. Dollars and issued by U.S. issuers.

Performance Benchmark

Citigroup 1 Month US Treasury Bill Index

	Class A (Acc)	Class A (Dis)
NAV:	USD 104.94	USD 1.00
High*:	USD 104.94	USD 1.00
Low*:	USD 100.29	USD 1.00
*Based on since inception month end prices.

Fund Size:	USD 4,185 million
30-Day Yield^:	Class A (Dis) 1.98%
Number of Holdings:	173
S&P Credit Quality:	AA+
Weighted Average Life:	1.80 Months
Effective Duration:	1.68 Months

^Annualised. The 30-day yield is a measure of the average net actual investment income per share, earned over a specific 30-day period, expressed as a percentage rate.

About the Investment Strategy

The Fund invests at least two thirds of its total asset value in high quality, short-term money market instruments, denominated in US dollars and originated by US issuers.
Value is added through credit selection, yield curve positioning, and duration management. Duration measures a portfolio's sensitivity to changes in interest rates.
Portfolio risk is controlled through investing in only the highest quality short-term instruments and limiting the maximum maturity of the instruments to 13 months.

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 Literarture

Fact Sheet
Prospectus
Annual Report
Interim Report

This document, prepared by Legg Mason International Equities (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.

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.

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