Legg Mason IF QS Emerging Markets Class X Accumulation GBP


Buy/Sell Price  (as of 23/09/2016) £1.161   Day Change :  0.61%     Fund Code:  LMPXA 

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.

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Biography

Russell Shtern, CFA, Head of Equity Portfolio Management Implementation Responsible for equity portfolio management and trading. Formerly portfolio manager for Diversification Based Investing Equity and Tax Managed Equity for Deutsche Asset Managements Quantitative Strategies Group, from 2003 to 2010. Prior to this he spent three years at Deutsche Bank Securities supporting equity derivatives and global program trading desks. Education: BBA from Pace University.

Biography

Investment HouseLegg Mason
Fund ProviderLegg Mason Investment Funds Limited
ManagerRussell Shtern   Biography
ManagerRobert Y. Wang  

Fund Objective To achieve long-term capital growth through investment in emerging markets. The Fund seeks to achieve its objective by investing primarily in equity securities of companies domiciled or having their principal activities in emerging market countries and which are listed or traded on regulated markets (subject to applicable limitations established by such countries on investments by foreign investors). The Fund may also invest up to 30% of its assets in equity securities of companies domiciled or having their principle activities in non-emerging market countries and other transferable securities, money market instruments, deposits and collective investment schemes.

Key Statistics

Fund Status
Fund TypeOEIC
ISINGB00B7GH9K65
12-Month NAV High £1.18
12-Month NAV Low £0.82
Fund Comparative IndexMSCI EM NR USD
Morningstar CategoryTMGlobal Emerging Markets Equity
Dividend FrequencyYearly
Historic Yield1.50%

Annual Charges

Morningstar ratings

OverallN/A
3 YearsN/A
5 YearsN/A
10 YearsN/A

Growth of £1000 Help

 as of  23/09/2016

Past Performance (%) Help

as of 

This Fund

     
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Fund versus Morningstar Category

     
-0.966.011.992.27-1.57
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.

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