Catch A Rising Star
With The Best Asia Bond Fund*

Legg Mason Western Asset
Asian Opportunities Fund

*Morningstar Award 2020©. Copyright 2020 Morningstar, Inc. All rights reserved.
 Awarded to Legg Mason Western Asset Asian Opportunities Fund (Class A USD Acc)
 for Category Winner, Best Asia Bond Fund, Hong Kong.

Annual Outlook:
The Price of Opportunity

Our managers expect positive growth for the world economy in 2020,
but the pace may continue to slow. There will be selective opportunities
for gains, but at a price: episodes of market volatility driven by
political and policy concerns may test investors’ resolve along the way.

Our Affiliates