Legg Mason ClearBridge Large Cap Growth Fund

Our goal1

Long-term capital growth

What we invest in

The Fund invests primarily in equity securities of U.S. companies with large market capitalizations, focusing on companies with an established, competitive market position and a demonstrated ability to endure temporary setbacks through product, distribution or service strength. Many of these companies are strategically positioned for growth in the U.S. and overseas.

Our approach

The Fund manager emphasizes individual security selection and diversification across industries to help manage risk. To identify large-cap companies with the highest growth potential, the manager considers such factors as the company's management, competitive position, technological innovation and financial condition. The manager generally takes a buy-and-hold approach, but investments are constantly re-evaluated as the market landscape evolves. Diversification does not assure a profit or protect against market loss.

What should I know before investing?

Equity securities are subject to price fluctuation and possible loss of principal. Short selling is a speculative strategy. Unlike the possible loss on a security that is purchased, there is no limit on the amount of loss on an appreciating security that is sold short. The managers' investment style may become out of favor and/or the managers' selection process may prove incorrect; which may have a negative impact on the Fund’s performance. Additional risks may include those risks associated with investing in foreign and madcap securities. Please see the prospectus for more information.

Meet your ClearBridge managers

Peter Bourbeau and Scott Glasser are co-portfolio managers of your Fund, each with over 19 years of investment industry experience.

They're part of the investment team at ClearBridge Advisors, Legg Mason's largest equity manager.ClearBridge offers institutional and individual investors a variety of traditional and alternative equity strategies. With an investment heritage dating back over 45 years, ClearBridge offers distinctive manager insights and proprietary fundamental research.

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.

Lipper Rankings

Category: Large-Cap Growth Funds

Rankings Details >

Symbols

CLASSNASDAQCUSIP
ASBLGX52469H826
BSBLBX52469H818
CSLCCX52469H792
ISBLYX52469H784
RLMPLX52469H693



Past performance is no guarantee of future results. Each fund is ranked based on average annual total returns assuming reinvestment of dividends and capital gains, distributions, at net asset value and the deduction of all fund expenses. Each fund is ranked within a universe of funds similar in portfolio characteristics and capitalizations as defined by Lipper Inc. Rankings do not include the effect of the fund's sales charges. Results would have been less favorable had sales charges been included. A high Lipper ranking does not necessarily imply that a fund achieved positive results for the period. Lipper Inc. is a nationally recognized organization that ranks the performance of mutual funds.

Prior to October 5, 2009, the Fund was known as Legg Mason Partners Large Cap Growth Fund. The Fund's investment objective, portfolio managers and investment strategy have not changed. Please see the prospectus for details.

Effective August 6, 2009, Scott Glasser joined Peter Bourbeau as a co-portfolio manager of the Fund. Peter Bourbeau became co-portfolio manager as of July 15, 2009.

Morningstar ratings are only shown for those funds that have achieved a 4 or 5 star rating.

Lipper Top Quartile rankings are shown for those funds that are ranked in the top 25% of their Lipper category.

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.


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