The Case for Asean Equities
Diversity and vibrancy in and from ASEAN
Economic momentum remains solid with regional GDP growth above 5% year-over-year in 1Q18
The region continues to benefit from resilient domestic demand with intra-ASEAN trade leading the way
The skilled and young population will be a key driver of growth in the longer term.
Foreign reserves are in a much better position now compared to Global/Asian financial crises
ASEAN is the important gateway for the world to the most vibrant Asia-Pacific and vice versa.
Blossom with Legg Mason Martin Currie Southeast Asia Trust
We use a High Conviction Approach to Capture Asean Alpha.
Key Fund Features include:
Emerging Markets Equities
The World's Largest Shopping Event
Head of Asia
30 years of industry experience.
Joined the firm in 2010.
Portfolio Manager, Asia
25 years of industry experience.
Joined the firm in 2007.
Singapore Pte. Limited
1 George Street #23-02
Fax: +65 6317 8947
1. Source: Legg Mason, as at 28 February 2019.
Source: Legg Mason and Martin Currie, as of 28 February 2019. This document, provided by Legg Mason Asset Management Singapore Pte. Limited (“Legg Mason”) (Registration Number (UEN): 200007942R), is for information only and does not constitute an offer or solicitation to buy or sell any units in any fund.
The prospectus of the fund is available and may be obtained from Legg Mason or its authorised distributors. Investors should check with Legg Mason or its authorised distributors on whether a particular class of the fund is available for subscription. Investors should read the prospectus prior to any subscription. All applications for units in the fund must be made on the application forms accompanying the prospectus. Past performance is not necessarily indicative of future performance. All investments involve risk, including possible loss of principal. The value of the units in the fund and the income accruing to the units, if any, may fall or rise.
The Fund may invest in derivatives for hedging and/or efficient portfolio management purposes, and transferable securities embedding a financial derivative may be used for the purposes of hedging, efficient portfolio management and/or optimising returns. The Fund’s net asset value may have higher volatility characteristics as a result of its portfolio management style. Please refer to the prospectus for more information.
The minimum CPF interest rate for the Ordinary Account (OA) is 2.5% per annum. As announced in September 2018, the Government will maintain a 4% per annum minimum rate for interest earned on all Special Account (SA) and Medisave Account (SMA) and Retirement Account (RA) monies until 31 December 2019. Thereafter, interest rates on all CPF account monies will be subject to a minimum rate of 2.5% per annum unless otherwise announced by the Government. The first S$60,000 of your combined CPF accounts earns an extra 1% interest. To enable members to earn extra interest, only monies in excess of S$20,000 in your OA and S$40,000 in your SA can be invested. Please visit the CPF Board website for information on how the CPF interest rate is calculated.
Investors should note that the applicable interest rates for each of the CPF accounts may be varied by the CPF Board from time to time. Subscriptions using CPF monies shall at all times be subject to inter alia regulations and such directions or requirements imposed by the CPF Board from time to time.
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The mention of any individual securities / funds should neither constitute nor be construed as a recommendation to purchase or sell securities, and the information provided regarding such individual securities / funds is not a sufficient basis upon which to make an investment decision. Portfolio allocations, holdings and characteristics are subject to change at any time. Although information has been obtained from sources that Legg Mason believes to be reliable, no guarantee can be given as to its accuracy and such information may be incomplete or condensed and may be subject to change at any time without notice. Legg Mason, its affiliates, officers or directors, may have an interest in the acquisition or disposal of the securities mentioned herein.
The views expressed are opinions of the portfolio managers as of the date of this document and are subject to change based on market and other conditions and may differ from other portfolio managers or of the firm as a whole. These opinions are not intended to be a forecast of future events, a guarantee of future results or investment advice.
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