Legg Mason Australian Equity Income Trust

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About the Trust

Investment Aim

The Trust aims to provide an annual franked income of more than 25% in excess of the S&P/ASX 200 Index yield before fees and taxes. The Trust also aims to provide long term growth in it’s income stream in excess of the rate of inflation (as measured by the Consumer Price Index).

Performance Benchmark

The Legg Mason Australian Equity Income Trust does not have a benchmark.

Technical Fund Details

About the Investment Strategy

The Legg Mason Australian Equity Income Trust is designed to deliver a reliable income with long term inflation protection and low volatility of capital. The strategy invests in companies listed on the Australian Stock Exchange that have a solid track record of paying dividends. Even in times of market volatility, the selected companies are expected to continue paying dividends and provide regular income. The strategy aims to be a true to label equity income product and does not seek to enhance income through exotic derivative structures, by trading around dividend dates or through gearing. The Fund expects to hold around 50 securities.

About the Investment Team

The assets of the Legg Mason Australian Equity Income Trust are managed by Legg Mason Australian Equities, a dedicated asset management business that relies on fundamental research to provide superior investment outcomes for Australian institutional investors and platform providers. Legg Mason Australian Equities is part of Legg Mason Australia. Legg Mason Australian Equities possesses a strong mix of fundamental research skills, quantitative analysis experience and market expertise.

General Trust Literature

Fund Highlights
Product Disclosure Statement
Application Form
Monthly Report
Quarterly Report