Equity

Legg Mason Martin Currie European Unconstrained Fund

ISIN {{shareClass.altcodes.isin}} -

Share Class Inception Date

Performance Inception Date

AUM

Morningstar Rating

Fund Objective

Fund Managers

Zehrid Osmani
Sam Cottrell
Legg Mason Martin Currie European Unconstrained Fund

  • The value of investments and the income from them may go down as well as up and you may not get back the amount you originally invested. 

Rolling 12 Month performance (%)

As of
Annual discrete performance data is not available for selected share class
The reported share class has insufficient data history to be able to show past performance.

Cumulative Performance (%)

As of
The reported share class has insufficient data history to be able to show past performance.
YTD % 1-m % 3-m % 1-y % 3-y % 5-y % 10-y %

Calendar Year Performance (%)

As of 
Calendar performance data is not available for selected share class
The reported share class has insufficient data history to be able to show past performance.

Annualised Performance (%)

As of
The reported share class has insufficient data history to be able to show past performance.
1-y % 3-y % 5-y % 10-y % Inception

(As of ) At NAV
The reported share class has insufficient data history to be able to show past performance.

(As of ) At NAV excluding sales charges
The reported share class has insufficient data history to be able to show past performance.

  • Past performance is not a reliable indicator of future results. Source for performance figures - Legg Mason. NAV to NAV, with gross income reinvested without initial charges but reflecting annual management fees. Sales charges, taxes and other locally applied costs have not been deducted, had they been deducted performance results would be lower. Investment return and principal value of an investment in the Fund will fluctuate, and shares may be worth more or less than their original cost when redeemed. Comparisons to relevant indexes and peer groups are included as a standard against which the performance of a fund can be measured. Index and peer group returns do not reflect any fees, expenses or sales charges. An investor cannot invest directly in an index or peer group. 
    Source for sector average performance: Copyright - © Morningstar Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. For more information, visit www.morningstar.co.uk.

    " - " indicates no data available.

  • Performance shown includes periods prior to the Fund’s inception date, reflecting performance of a predecessor fund with a substantially similar investment objective and policy and whose assets were transferred into this Fund on the date indicated above. The performance data should be used for illustrative purposes only, as performance prior to the inception date has not been adjusted to reflect the higher fees of the Fund.

Fund Facts

Fund inception date
Share class inception date
Predecessor Fund inception date
Benchmark
Domicile
Base Currency
Distribution frequency
Annual management fee (%)

Daily Statistics

As of
Daily Statistics data is not available for selected share class
NAV -
Change -
% Change -
12-month high -
12-month low -
Total AUM (in millions) -

Fund codes

Fund Codes data is not available for selected share class
ISIN
Bloomberg
CUSIP
SEDOL
WKN
Valorennummer

Three-Year risk statistics (Annualised)

As of
Three Year Risk Statistics data is not available for selected share class
Risk adjusted alpha
Beta
Standard deviation (%)
Information ratio
Tracking error (%)
R-squared (%)
M-squared (%)
Treynor ratio
Sharpe ratio

Charges

Minimum initial investment
Entry Charge
Exit Charge
Ongoing Charge
Performance Fee

Portfolio Characteristics

Portfolio statistics

As of
Number of Holdings
Weighted average Price to Book
Weighted average Price to Earnings
Debt to equity
Percentage of top 10 holdings (%)

Sector Allocation (%)

As of 30/06/2021
Consumer Discretionary 26,99
Information Technology 26,56
Health Care 14,45
Industrials 14,30
Consumer Staples 7,02
Financials 6,15
Materials 3,74
Other 0,24
Cash & Cash Equivalents 0,55

Country allocation

As of 30/06/2021
France 18,41
Sweden 13,57
Germany 12,04
Ireland 10,70
Netherlands 10,58
Italy 10,40
United Kingdom 5,94
Switzerland 5,44
Denmark 5,44
United States 4,63
Cayman Islands 2,08
Euro 0,24
Cash & Cash Equivalents 0,55

Market Cap Exposure (In Millions) (%)

As of 30/06/2021
More than €100,000 17,23
€50,000 - €100,000 19,14
€25,000 - €50,000 34,92
€10,000 - €25,000 13,88
€5,000 - €10,000 13,42
Less than €5,000 1,41

  • Percentages are based on total portfolio as of date displayed and are subject to change at any time. Holdings and allocations breakdowns are provided for information purposes only and should not be deemed a recommendation to buy or sell the securities mentioned or securities in the industries shown. Due to rounding totaled percentages may not equal 100%.

    A negative cash position may be apparent, which is primarily due to the Fund’s unsettled trade activity. This is a more concise approach to defining the cash position and it best represents sector exposures in the Fund. 

Literature

Product Literature

Forms & Applications

Regulatory Documents

Document List

Martin Currie builds global, stock-driven portfolios based on fundamental research, devoting all of its resources to delivering optimum investment outcomes and superior client relationships.

Investment Risks

Risk Reward Profile*

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7

1Lower risk

Potentially lower reward

7Higher risk

Potentially higher reward

Holdings

Top 10 Holdings (%)

As of 30/06/2021
ASML Holding NV 9,18
Kering SA 6,34
Ferrari NV 5,66
Hexagon AB 4,76
Moncler SpA 4,74
adidas AG 4,66
Mettler-Toledo International Inc 4,63
Infineon Technologies AG 4,52
Atlas Copco AB 4,47
Sartorius Stedim Biotech 4,38

Detailed Holdings

Detailed Holdings data is not available for selected share class
Par/Shares Securities description Market value % of investments Country Maturity Date Asset Type S&P Credit Quality Moodys Credit Quality

  • Portfolio holdings are subject to change at any time without notice. This information is provided for information purposes only and should not be construed as a recommendation to purchase or sell any security. The summation of the "Total Net assets %" may not equal 100%. Any difference is due to the portfolio's allocation to cash and cash equivalents.

    Derivatives, if any, such as options and futures, which can be illiquid, may disproportionately increase losses and have a potentially large impact on Fund performance.

Distributions

Distributions data is not available for selected share class
Ex-dividend/Reinvest date Payable date Reinvest price () Ordinary income ()

  • Distributions are not guaranteed and are subject to change.

SUSTAINABILITY-RELATED DISCLOSURES

Environmental or social characteristics of the financial product (Article 8)

The environmental and social characteristics of the product include the binding considerations of sustainability risks which may include; supply chain, data protection, pollution/hazardous waste policies, water usage, and climate change policies.

The product is also bound to consider governance characteristics such as: shareholder rights, accounting standards, remuneration, and board structure.

Investment strategy

The Fund seeks to achieve its objective through a policy of investing primarily in a portfolio of equity securities of companies domiciled or listed in Europe, or which conduct the predominant part of their economic activity in Europe. When selecting investments for the strategy the investment manager seeks to invest in businesses which exhibit durable quality growth profiles and supportive accounting practices and environmental, social and governance (ESG) practices. The investment manager applies its ESG process (as set out in Methodology) to 100% of the portfolio. The Fund will maintain a portfolio ESG rating higher than that of the Fund’s investment universe.

Methodology

The investment manager uses an established proprietary process to assess ESG factors/characteristics. These factors/characteristics are assessed both quantitatively and qualitatively, through its proprietary ESG rating system and its direct research and engagement process. The manager’s proprietary ESG ratings capture the forward-looking analysis with companies assigned a risk rating on each of Governance and Sustainability from 1 (low risk) to 5 (high risk) following consideration of Environment, Social affairs and Corporate Governance sustainability factors. Companies that have a Sustainability or Governance Risk rating of 4 or higher will not be included.

 The Fund will not invest in companies which generate more than 5% of revenue from tobacco production, production of weapons including nuclear weapons, or direct involvement in extraction of fossil fuels. The Fund will not invest in companies generating revenue from mining of metals and minerals as defined by GICS sub-industries Diversified Metals and Mining, Copper, Gold and Precious Metals and Minerals.

The Fund will not invest in companies involved in the production, sale or distribution of dedicated and key components of antipersonnel mines and cluster munitions. The Fund will not invest in companies that are assessed as ‘fail’ under the UN Global Compact.

Data source(s) and processing (sustainability indicators)

A combination of internal and external sources is deployed:

  • Internal Scoring – Governance Risk rating and Sustainability Risk rating
  • Engagement activity and tracking – Environmental, Social or Governance topics and stages of engagement
  • External Data Metrics (e.g. MSCI) – Carbon footprint and ESG scoring
  • Other measures include carbon Intensity, SDG alignment and Carbon VAR.

Designated reference benchmark for Sustainability

No index has been designated as a reference benchmark for sustainability

  • IMPORTANT INFORMATION

    This is a sub-fund of Legg Mason Global Funds plc ("LMGF plc"). LMGF is an open-ended investment company with variable capital, organised as an undertaking for collective investment in transferable securities ("UCITS").   LMGF is authorised in Ireland by the Central Bank of Ireland.

    Information has been prepared from sources believed reliable. It is not guaranteed in any way by any Franklin Resources, Inc. company or affiliate (together 'Franklin Templeton').

    Before investing investors should read in their entirety LMGF plc's application form and a fund's share class KIID and the Prospectus (which describe the investment objective, charges and expenses, and risk factors in full). These and other relevant documents are available under the Literature tab. Read them carefully before investing.