Legg Mason Western Asset Global Inflation-Linked Fund

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About The Fund

Investment Aim

The Fund seeks to maximise total return, through income and capital appreciation, by investing at least 80% of its Total Asset Value in inflation-indexed debt securities that are denominated in US Dollars, Pound Sterling, Euro and a variety of other currencies.

Performance Benchmark

Barclays Capital World Government Inflation-Linked All Maturities Index (Hedged) USD

	Class A Dis (D)
NAV:	USD 106.31
High*	USD 107.76
Low*	USD 98.18
* Based on since inception month end prices

Fund Size:	USD 74 million
Current Yield^:	1.30%
Number of Holdings	32
Weighted Average Life	12.77 years
Effective Duration	11.26 years
S&P Credit Quality	AA+

^Current yield (gross of expenses), is not representative for an individual share class as the yield does not deduct the Total Expense Ratio or any applicable taxes and other locally applied costs. All data are as of 31 March 2012.

About the Investment Strategy

The Fund will invest at least 80% of its total asset value in inflation-indexed debt securities issued by national governments, and supranational organisations that are denominated in US Dollars, Pound Sterling, Euro and a variety of other currencies and are listed or traded on Regulated Markets.
The Sub-Investment Managers will purchase only investments that are rated Investment Grade or, if unrated, of comparable quality.
The Sub-Investment Managers expect the average duration of the Fund’s investment to range between 3 and 20 years depending on the Sub-Investment Managers’ forecast for interest rates and yields.
The Fund may also invest in certain types of derivatives for investment purposes or efficient portfolio management. The Fund may be leveraged to up to 100 percent of its net asset value as a result of its use of derivative instruments.

About the Investment Team

Founded in 1971, Western Asset has decades of experience and is now one of the world's largest managers of fixed income investments. Western Asset follows a team-focused approach comprising groups of specialists dedicated to all the major areas of the fixed income market. Its expertise extends globally across major bond markets.

General Fund Literature

Fact Sheet
Prospectus
Annuel Report
Interim Report
Product Highlights Sheet

This document, prepared by Legg Mason Asset Management Singapore Pte. Limited ("Legg Mason"), is for information only and does not constitute an offer nor solicitation to buy or sell any units of the Fund. The prospectus of the Fund is available and may be obtained from Legg Mason or its authorised distributors. Investors should read the prospectus prior to any subscription. All applications for units in the Fund must be made on the application forms accompanying the prospectus. An investment in the Fund is subject to investment risks, including the possible loss of the principal amount invested. The value of units and the income accruing to the units, if any, may fall or rise and past performance is not necessarily a guide for future performance.

The Fund may invest in certain types of derivatives for investment purposes or for efficient portfolio management. Please refer to the prospectus for more information.

All opinions and estimates in this document constitute Legg Mason's house view as of the date of this document and is subject to change without notice. Legg Mason, its affiliates, officers or directors, may have an interest in the acquisition or disposal of the securities mentioned herein.

Distribution of this document may be restricted in certain jurisdictions; persons into whose possession this publication comes should inform themselves of and observe such restrictions. This document does not constitute the distribution of any information or the making of any offer or solicitation by anyone in any jurisdiction in which such distribution or offer is not authorized or to any person to whom it is unlawful to distribute this document. This Fund is not available to US citizens, residents or greencard holders and may not be available in all jurisdictions.