Legg Mason IF Martin Currie European Equity Income X Inc


Buy/Sell Price  (as of 09/12/2016) £3.555   Day Change :  0.14%     Fund Code:  MAEEI 

Important documents Before investing please ensure that you have read the Fidelity Key Features Document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found by clicking on the 'Important documents' link.

Our View

Provider Logo

Biography

David Forsyth - David began his career with Ernst & Young, qualifying as a chartered accountant. He then moved to Scottish Life in 1999, where he worked as an analyst covering Asian markets. In April 2001 he joined Abbey National Asset Managers US desk as an investment manager. David joined Martin Currie in 2005 to enhance our expertise in North American equities. He is co-manager of our North American Fund.

Biography

Ross joined Martin Currie in 2005 and manages the Martin Currie UK Equity Income Fund, the Securities Trust of Scotland and the accounts of a number of our charity clients. He came to us from Aberdeen Asset Managers, where he worked for five years. During his time there, he managed the Murray Income Trust, Jersey Phoenix Trust, Murray Extra Return Investment Trust and The Income & Growth Trust. Before that, Ross worked for Gartmore, where he spent 12 years managing its high-income UK equity portfolios. He has also worked for Dunedin Fund Managers as a UK fund manager. Ross started his investment career in 1983 as a trainee analyst with First Scottish Investment Trust.
Investment HouseMartin Currie
Fund ProviderLegg Mason Investment Funds Limited
ManagerDavid Forsyth   Biography
ManagerRoss Watson   Biography

Fund Objective The Fund aims to provide an income as well as the potential for capital growth.

Key Statistics

Fund Status
Fund TypeOEIC
ISINGB00BVZ6V281
12-Month NAV High £3.71
12-Month NAV Low £3.02
Fund Comparative Index -
Morningstar CategoryTMEurope ex-UK Large-Cap Equity
Dividend FrequencyQuarterly
Historic Yield3.12%

Annual Charges

Morningstar ratings

 as of  31/10/2016
Overall2 star
3 Years2 star
5 YearsN/A
10 YearsN/A

One or more funds cannot be shown as they have less than one year of performance data.

Growth of £1000 Help

 as of  09/12/2016

Past Performance (%) Help

as of 

This Fund

     
-----

Fund versus Morningstar Category

     
-1.04-1.80-2.34-6.88
Important Information

The value of the fund and the income from it can go down as well as up so you may get back less than you invested. If your fund invests in overseas markets, changes in currency exchange rates may affect the value of your investment. If your fund invests in small and emerging markets, these can be more volatile than other more developed markets. Past performance is not a guide to future returns.
For funds that invest in bonds, please be aware that the price of bonds is influenced by movements in interest rates, changes in the credit rating of bond issuers, and other factors such as inflation and market dynamics. In general, as interest rates rise the price of a bond will fall. The risk of default is based on the issuer's ability to make interest payments and to repay the loan at maturity. Default risk may therefore vary between different government issuers as well as between different corporate issuers.

 Some of the performance and risk data presented may start before the share class was launched. If so, the data prior to the launch date of the share class is based on the fund or share class that has similar or higher charges, in order to provide an indication of longer term performance and risk. Please refer to the launch date and performance start date in the fund factsheet to determine whether the data has been extended.Past Performance and Risk & Volatility figures are presented in British Pounds Sterling (GBP). Fund returns are calculated on a Nav to Nav or Bid to Bid basis with income reinvested either after tax (for UK-domiciled funds) or gross of tax (for offshore funds). Performance figures include the effect of the OCF/TER. To cover distribution costs a separate service fee is now also charged on most funds, which is not included in the past performance figures. Consequently the past performance of the fund may be less than that shown on the chart due to the effect of the service fee.

Nothing to display.