Legg Mason QS Emerging Markets Equity Fund

ISIN {{shareClass.altcodes.isin}} -

Share Class Inception Date

Performance Inception Date


Morningstar Rating

Fund Aim

The Fund seeks to provide long-term capital appreciation by investing at least 80% of its Net Asset Value in equity securities of companies whose seat, registered office or principal activities are in emerging market countries. The Fund may invest in one or a few countries, either broadly or in particular geographic regions, and generally will be broadly diversified among industries.

Fund Managers

Russell Shtern, CFA
Michael J. LaBella, CFA
Legg Mason QS Emerging Markets Equity 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 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 - © 2019, 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.

    From 25 March 2019, the pricing of securities held in the Fund will use the mean (or mid) value of the bid and ask prices, to calculate the Fund’s Net Asset Values (“NAV”). The Fund previously used a bid price methodology for fixed income securities, and last traded price for equity securities.

    " - " 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
Base Currency
Distribution frequency
Annual management fee (%)

Daily Statistics

As of
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12-month low -
Total AUM (in millions) -

Fund codes

Fund Codes data is not available for selected share class

Three-Year risk statistics (Annualised)

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


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 29/02/2020
Financials 14.88
Communication Services 12.04
Consumer Staples 10.91
Industrials 9.91
Materials 9.91
Consumer Discretionary 8.86
Health Care 7.53
Utilities 7.25
Energy 7.21
Real Estate 6.34
Information Technology 4.21
Other -0.49
Cash & Cash Equivalents 1.44

Currency Exposure (%)

As of 29/02/2020
Hong Kong Dollar 19.47
Brazilian Real 8.56
Thai Baht 8.04
South African Rand 7.73
US Dollar 7.48
South Korean Won 7.33
Indian Rupee 6.28
Indonesian Rupiah 4.64
New Taiwan Dollar 4.26
Malaysian Ringgit 4.10
Chinese Yuan Renminbi 3.78
Mexican Peso 2.81
Chilean Peso 2.47
Turkish Lira 2.43
Philippine Peso 2.13
Polish Zloty 1.83
Euro 1.17
Hungarian Forint 1.07
UAE Dirham 1.06
Qatari Rial 1.02
Czech Koruna 0.80
Colombian Peso 0.80
Egyptian Pound 0.74
British Pound 0.01
Russian Ruble 0.01

Country Allocation (%)

As of 29/02/2020
China 26.41
Brazil 8.46
Thailand 8.00
South Africa 7.71
South Korea 7.33
India 6.26
Indonesia 4.62
Taiwan 4.22
Malaysia 4.08
Mexico 2.80
Russia 2.62
Chile 2.46
Turkey 2.43
Philippines 2.13
Poland 1.83
Greece 1.13
Hungary 1.07
United Arab Emirates 1.06
Qatar 1.01
Colombia 0.78
Czechia 0.78
Egypt 0.74
Peru 0.65
Cash & Cash Equivalents 1.44

Market Cap Exposure (In Millions) (%)

As of 29/02/2020
More than $50,000 13.45
$25,000 - $50,000 9.43
$10,000 - $25,000 29.08
$5,000 - $10,000 24.87
$1,000 - $5,000 23.15
Less than $1,000 0.02

  • 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. 


Product Literature

Forms & Applications

Regulatory Documents

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Investment Risks

Risk Reward Profile*

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  • 2
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  • 4
  • 5
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  • 7

1Lower risk

Potentially lower reward

7Higher risk

Potentially higher reward


Top 10 Holdings (%)

As of 29/02/2020
Tencent Hldg 1.87
Alibaba Group Holding 1.54
Bidvest Group Ltd. 1.06
Telekom Ind. DMT 0.86
Naspers Ltd. 0.82
Astra Int'l 0.81
BIM Birlesik 0.77
Commercial Internat Egp10 0.74
Oriental Pearl Group 0.70
Bangkok Dusit Medical Services 0.66

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 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.


    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 Legg Mason, Inc. company or affiliate (together "Legg Mason").

    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.