Legg Mason IF WA Retirement Inc Bd X Inc (FUND:B88V5W7) - Fund price

Fund Report

Legg Mason IF Western Asset Retirement Income Bond Fund Class X Income

Key Stats
Morningstar® CategoryGlobal Corporate Bond - GBP Hedged
Manager Name-
Inception Date07/01/2013
NAV 04/06/2020GBP 0.95
Day Change0.35%
12 Month Yield3.66%
Dividend FrequencyMonthly
Net Assets (mil) 31/05/202011.60 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time11:00:00
Regular InvestmentYes
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Ongoing Cost0.45%
Fund Rebate0.05%

Morningstar Rating™


Morningstar® Sustainability Rating

No Rating

No Rating

Sustainability Rating as of -


Fund Benchmark

50% ICE BofA 1-10Y Sterling Corp TR GBP, 20% ICE BofA 1-10Y UK Gilt TR GBP, 30% BBgBarc US HY Corp 2% Issuer Hdg GBP

Morningstar® Benchmark

Bloomberg Barclays Global Aggregate Corporate TR Hdg GBP

Growth Of 10,000 (GBP) 31/05/2020

How has this security performed
  • Fund: Legg Mason IF Western Asset Retirement Income Bond Fund Class X Income
  • Category: Global Corporate Bond - GBP Hedged
  • Benchmark: Bloomberg Barclays Global Aggregate Corporate TR Hdg GBP
Trailing Returns % (GBP) 04/06/2020
3 Years Annualised2.302.733.46
5 Years Annualised3.083.183.82
10 Years Annualised2.733.974.64

Morningstar SRRI

Lower Risk
Higher Risk
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Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

The fund seeks to provide a regular income stream, in excess of the prevailing level of interest rates in the U.K., with a focus on capital preservation. The Fund seeks to achieve its objective by investing in a range of fixed interest securities including, but not limited to, corporate bonds, government bonds and asset backed securities. The Fund will invest a minimum of 60% of its net asset value in global investment grade corporate bonds and UK government bonds (gilts). In addition, the Fund may invest up to 35% of its net asset value in global high yield bonds.

Portfolio Profile31/05/2020

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond72.72
Cash & Equivalents2.32
Asset Backed1.98
Agency Mortgage Backed1.48
Top Holdings
IncreaseDecreaseNew since last portfolio
DecreaseLegg Mason WA US Hi Yld LM USD Dis(M) Ireland10.32
Credit Suisse AG New York Branch 3.62% Switzerland2.68
BNP Paribas 3.25% France2.62
Bank of America Corporation 3% United States2.37
United Kingdom of Great Britain and Northern Ireland 1.62% United Kingdom2.24
AJ Bell Management Limited (company number 03948391), AJ Bell Securities Limited (company number 02723420) and AJ Bell Asset Management Limited (company number 09742568) are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at 4 Exchange Quay, Salford Quays, Manchester M5 3EE. See website for full details. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
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