Our goal1
High total return, consisting of capital appreciation and current income
What we invest in
The Fund's managers invest about 70% of the portfolio in U.S. equities and about 30% primarily in investment-grade fixed-income securities of financially sound companies they identify as demonstrating a positive awareness of their impact on the society in which they operate, relative to other companies in their industries. The Fund can also invest a portion of its assets in equity and fixed-income securities of foreign issuers.
Our approach
The Fund's managers employ a Socially Responsive Investment (SRI) approach, using fundamental analysis to screen a universe of potential equity and fixed-income investments to identify undervalued securities. The SRI screens are then applied to ensure the Fund's holdings are not only economically attractive but also socially responsible in the manner in which they conduct business. Socially responsible criteria includes reasonable employment practices, ecological and environmental preservation, support for communities and respect for human rights.
What should I know before investing?
Equity securities are subject to price fluctuation and possible loss of principal. Fixed-income securities involve interest rate, credit, inflation and reinvestment risks; and possible loss of principal. As interest rates rise, the value of fixed-income securities falls. International investments are subject to special risks, including currency fluctuations and social, economic and political uncertainties, which could increase volatility. These risks are magnified in emerging markets. The Fund may focus its investments in certain regions or industries, increasing its vulnerability to market volatility. The manager's investment style may become out of favor and/or the manager's selection process may prove incorrect; which may have a negative impact on the Fund's performance.
Meet your Legg Mason Investment Counsel managers
Ronald T. Bates and David Kafes co-manage your Fund, and they have over 22 and 18 years of investment industry experience, respectively.
They're part of the investment team at Legg Mason Investment Counsel, a globally recognized asset management firm. The cornerstone of LMIC's investment process is proprietary, independent, fundamental research and an emphasis on quality, risk management and diversification.
Legg Mason's unique structure provides you with access to this specialized expertise. We offer a powerful portfolio of solutions through our independent investment management firms.
Category: Mixed-Asset Target Alloc Growth Funds
Rankings Details >
| CLASS | NASDAQ | CUSIP |
| A | SSIAX | 52469A102 |
|
| B | SESIX | 52469A201 |
|
| C | SESLX | 52469A300 |
|
| I | LMRNX | 52469A409 |
|
Prior to October 5, 2009, the Fund was known as Legg Mason Partners Social Awareness Fund. The Fund's investment objective, portfolio managers and investment strategy have not changed. Please see the prospectus for details.
Morningstar ratings are only shown for those funds that have achieved a 4 or 5 star rating.1There is no guarantee that the Fund’s objective will be met.
Information on Sales Charges, Breakpoints, Sales Charge Waivers and Exchanges
Click here for more information about:
Class A shares:
- what are the front-end sales loads charged on the purchase of Class A shares
- how to qualify for reduced sales charges or breakpoints
- what kinds of accounts can be combined to qualify for reduced sales charges
- what waivers of front-end sales charges are available
Class B shares:
- what are the contingent deferred sales charges payable upon redemption
- what waivers of deferred sales charges are available
Class C shares:
- what are the contingent deferred sales charges payable upon redemption
- what waivers of deferred sales charges are available
Exchange privileges:
- which funds are exchangeable
- what conditions are applicable
Other share classes may be available for which sales charges, breakpoints, sales charge waivers and exchanges may differ. Please speak to a financial professional or click on the link above.
Exchange Privileges: Many mutual funds that charge front-end sales loads offer a discount on the sales loads for a large investment. The investment levels required to obtain a reduced sales load are commonly referred to as "breakpoints." Typically, you may be entitled to a lower front-end load based on a single transaction if the dollar amount exceeds one or more breakpoints. In addition, some funds offer discounts based on purchases made over time, under a right of accumulation or letter of intent. The criteria for breakpoints for each mutual fund are set out in the fund prospectus and statements of additional information. FINRA issued an Investor Alert to ensure that investors better understand how breakpoints work and what you may need to know to make sure that, should you purchase shares eligible for breakpoints, you are charged the lowest possible front-end sales charge. Visit the
FINRA Website to read the FINRA Investor Alert.
Diversification does not assure a profit or protect against market loss.
INVESTMENT PRODUCTS: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE
All investments involve risk, including possible loss of principal.Investors should consider a fund's investment objectives, risks, charges and expenses carefully before investing. The prospectus contains this and other information about a fund. To obtain a free prospectus, please view the product specific page on this website and click on the prospectus link. An investor should read the prospectus carefully before investing.All investment managers mentioned are subsidiaries of Legg Mason, Inc. Legg Mason Investor Services, LLC, is a subsidiary of Legg Mason, Inc.
| This site is intended for U.S. investors only. The products and services described on this site are generally not available to non-U.S. investors. |
Copyright © 2010 Legg Mason Investor Services, LLC. Member
FINRA,
SIPC
