- INVESTMENT INVOLVES RISKS. The value of the Fund can be volatile and investors may not get back the amount originally invested. Past performance is not indicative of future results.
- The Fund is a sub-fund of Legg Mason Global Funds plc, an open-ended umbrella investment company constituted in Ireland. The Fund seeks to maximise total return through income and capital appreciation by investing at least 70% of its Net Asset Value in debt securities issued by Asian issuers and in derivatives on Asian interest rates and currencies.
- Investors will be exposed to debt securities (including risks of Government securities), interest rate, credit, liquidity, concentration, currency, Asian market, custody and settlement and China market risks.
- The Fund may be invested in 'non-investment grade' debt securities, which carry a higher degree of counterparty default and liquidity risks.
- The Fund may invest in mortgage-backed securities and asset-backed securities, which may give rise to higher liquidity, credit, counterparty and interest rate risks.
- The Fund may use certain types of financial derivative instruments ("FDIs"). The Fund may suffer a substantial loss arising from the use of FDIs.
- The Fund may invest in emerging markets which involve special risks, including liquidity, volatility, currency, political, economic, legal and regulatory risks.
- The Fund may invest in debt instruments that have contingent write down or loss absorption features, these instruments involve risks which may potentially lead to losses to the Fund.
- The directors of Legg Mason Global Funds Plc may at their discretion pay dividends out of capital of a Distributing Plus Share Class. The payment of dividends out of capital effectively amounts to a return or withdrawal of an investor´s original capital investment or of capital gains attributable to that original investment. Such distribution will result in a corresponding immediate decrease in the Net Asset Value per share of these Share Classes.
- Investors should not invest based on this marketing material alone. Offering documents should be read for further details, including the risk factors.
The Legg Mason Western Asset Asian Opportunities Fund seeks to maximise total return through income and capital appreciation by investing at least 70% of its Net Asset Value in debt securities issued by Asian issuers and in derivatives on Asian interest rates and currencies.
Asian Bond Market Review & Outlook - April 2020
Our base case remains for continued monetary accommodation and proactive fiscal response where necessary in the year ahead.
Coronavirus Taskforce Review: COVID-19 Outlook
We believe investment-grade debt could lead the credit markets in the early stage of recovery, with the Fed and ECB providing policy backstops if necessary.
The Fed: Support Beyond the Pandemic
The Fed is far from done with its response to the immediate concerns confronting the economy.
Preparing for the Asia Bond Rebound. Simplifying your Asia Bond Portfolio is key
“There is massive global stimulus in the system and, once the virus kinetics abate, financial markets can rebound,” says Desmond Soon.
Portfolio Manager and Head of Investment Management
Asia (ex Japan)
Chia Liang Lian
Head of Emerging Markets Debt,
One of the world’s leading global fixed income managers. Founded in 1971, the firm is known for team management, proprietary research and a long-term fundamental value approach.