 |
 |
 |
|
|
|
|
|
|
Legg Mason Funds Management and Legg Mason Capital Management
Our Investment Team is comprised of 19 Investment Professionals who provide portfolio management and equity analysis for over $27 billion* in mutual fund, pooled account and separate account assets. No other fund manager has duplicated Bill Miller's record of beating the S&P 500 in each of the past twelve calendar years**. Over the years, Bill Miller has received numerous accolades for his management record and distinct style, which focuses on a detailed understanding of businesses and their intrinsic value. The success of our portfolios is not only a testimony to the investment prowess of Bill Miller but also his success in developing a distinctive investment team. Legg Mason Funds Management and Legg Capital Management are wholly owned subsidiaries of Legg Mason, Inc.
Legg Mason, Inc.
Legg Mason Inc. is a global financial services company with one product: Advice. Through this product, we serve many types of clients: individual and institutional investors, corporations, high net worth individuals, government entities, endowments and foundations, pension plans, associations, and insurance companies. Our core businesses are: investment advisory services, securities brokerage and capital markets.
* as of July 31, 2003
** Past performance does not guarantee future results. Value Trust's inception date is April 16, 1982. The Fund's 1, -5, and 10 year average annual total returns for the period ended 6/30/03 were 18.84%, 4.82%, and 16.46% respectively. The investment return and principal value of the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than original cost. Calculations assume reinvestment of dividends and capital gain distributions. Performance would have been lower if fees had not been waived in various periods. Please refer to the Fund's most recent Shareholder's Report for complete details.
For a free prospectus containing more complete information on Legg Mason Value Trust, including charges and expenses, contact your Legg Mason financial advisor, or call 1-800-577-8589, or visit our website at www.leggmasonfunds.com. Please read the prospectus carefully before investing or sending money.
|
|
|
|
|
|
|
|
|
|