*Formerly the UBS Australia Composite Bond Index. Bloomberg Finance L.P. and its affiliates (collectively 'Bloomberg') do not approve or endorse this material and disclaim all liability for any loss or damage of any kind arising out of the use of all or any part of this material.
Legg Mason Asset Management Australia Ltd (ABN 76 004 835 849 AFSL 240827) is part of the global Legg Mason Inc. group. Any reference to Legg Mason is a reference to Legg Mason Asset Management Australia Limited. Any reference to "Western" is a reference to Western Asset Management Company, "Brandywine" to Brandywine Global. Neither Legg Mason Australia, nor any of its related parties, guarantees the repayment of capital or performance of any of the funds referred to in this document. Past performance is no guarantee of future performance. Applications to invest in the Legg Mason Western Asset Australian Bond Fund (ARSN 088 670 286), Legg Mason Brandywine Global Opportunistic Fixed Income Fund (ARSN 127 583 411), Legg Mason Western Asset Cash Fund (ARSN 088 670 080), Legg Mason Western Asset Cash Plus Fund (ARSN 088 670 197), Legg Mason Western Asset Global Bond Fund (ARSN 616 233 017), Legg Mason Brandywine Global Fixed Income Fund (ARSN 127 583 948), Legg Mason Western Asset Macro Opportunities Bond Fund (ARSN 608 220 711), Legg Mason Martin Currie Real Income Fund (ARSN 146 910 349), Legg Mason Martin Currie Equity Income Fund (150 751 821), Legg Mason Martin Currie Diversified Income Fund (ARSN 169 461 116) can be made using an application form comprising part of the current Product Disclosure Statements, which can be obtained by contacting Legg Mason on 1800 679 541 or at
. Certain eligibility criteria applies. Legg Mason Australia does not guarantee the accuracy or completeness of this document. To the extent permissible by law, Legg Mason Australia accepts no liability in contract, tort (including negligence) or otherwise for any loss or damage suffered as a result of reliance on this document. This document does not constitute investment advice, and has not been prepared to take into account the investment objectives, financial objectives or particular needs of any particular person. Before making an investment decision you should read the Product Disclosure Statement carefully and you need to consider, with or without the assistance of a financial advisor, whether such an investment is appropriate in light of your particular investment needs, objectives and financial circumstances.
The Lonsec Rating (assigned as Legg Mason Western Asset Australian Bond Fund - April 2017; Legg Mason Brandywine Global Opportunistic Fixed Income Fund – October 2017) presented in this document is published by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421 445. The Rating is limited to "General Advice" (as defined in the Corporations Act 2001 (Cth)) and based solely on consideration of the investment merits of the financial product(s). Past performance information is for illustrative purposes only and is not indicative of future performance. It is not a recommendation to purchase, sell or hold Legg Mason Asset Management product(s), and you should seek independent financial advice before investing in this product(s). The Rating is subject to change without notice and Lonsec assumes no obligation to update the relevant document(s) following publication. Lonsec receives a fee from the Fund Manager for researching the product(s) using comprehensive and objective criteria. For further information regarding Lonsec's Ratings methodology, please refer to our website at:
The Zenith Investment Partners ("Zenith") Australian Financial Services License No. 226872 rating (Legg Mason Western Asset Australian Bond Fund assigned June 2017; Legg Mason Brandywine Global Opportunistic Fixed Income Fund assigned March 2017) referred to in this document is limited to "General Advice" (s766B Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual and is subject to change at any time without prior notice. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of, and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Past performance is not an indication of future performance. Zenith usually charges the product issuer, fund manager or related party to conduct Product Assessments. Full details regarding Zenith's methodology, ratings definitions and regulatory compliance are available on our Product Assessments and at
© 2018 Morningstar as at 28 February 2018. Inc. All rights reserved. Neither Morningstar, its affiliates, nor the content providers guarantee the data or content contained herein to be accurate, complete or timely nor will they have any liability for its use or distribution. Any general advice or 'class service' have been prepared by Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892) and/or Morningstar Research Ltd, subsidiaries of Morningstar, Inc, without reference to your objectives, financial situation or needs. Refer to our Financial Services Guide (FSG) for more information at www.morningstar.com.au/s/fsg.pdf. You should consider the advice in light of these matters and if applicable, the relevant Product Disclosure Statement before making any decision to invest. Our publications, ratings and products should be viewed as an additional investment resource, not as your sole source of information. Past performance does not necessarily indicate a financial product's future performance. To obtain advice tailored to your situation, contact a professional financial adviser.
The Morningstar Rating is an assessment of a fund's past performance – based on both return and risk – which shows how similar investments compare with their competitors. A high rating alone is insufficient basis for an investment decision.
Legg Mason Brandywine Global Opportunistic Fixed Income Fund received 4-star, Legg Mason Western Asset Australian Bond Fund received 5-star Morningstar RatingTM as at 28 February 2018.
The Morningstar Analyst Rating™ for Legg Mason Western Asset Australian Bond strategy is 'Silver' as at 2 October 2017.
The Morningstar Analyst Rating™ for Legg Mason Brandywine Global Opportunistic Fixed Income strategy is 'Silver' as at 30 May 2017.
Morningstar Awards 2018 (c). Morningstar, Inc. All Rights Reserved. Awarded to Legg Mason Western Asset for Morningstar Fund Manager of the Year, Fixed Income Category, Australia.
The Professional Planner | Zenith Fund Awards are determined using proprietary methodologies. Fund Awards were issued October 6, 2017 and are solely statements of opinion and do not represent recommendations to purchase, hold or sell any securities or make any other investment decisions. Fund Awards are current for 12 months from the date awarded and are subject to change at any time. Fund Awards for previous years are referenced for historical purposes only.
© 2018 FE Money Management. all rights reserved. The information, data, analyses, and opinions contained herein (1) include the proprietary information of FE Money Management and Lonsec (2) may not be copied or redistributed (3) do not constitute investment advice offered by FE Money Management or Lonsec (4) are provided solely for informational purposes and therefore are not an offer to buy or sell a security (5) are not warranted to be correct, complete, or accurate. FE Money Management and Lonsec shall not be responsible for any trading decisions, damages, or other losses resulting from, or related to, this information, data, analyses, or opinions or their use. FE Money Management and Lonsec does not guarantee that a fund will perform in line with its Fund Manager of the Year award as it reflects past performance only. Likewise, the Fund Manager of the Year award should not be any sort of guarantee or assessment of the creditworthiness of a fund or of its underlying securities and should not be used as the sole basis for making any investment decision.