During the 5th Fund Forum, a conference bringing together investment funds experts, the Alfa Awards 2014 were granted for the best funds of 2014 in Poland according to independent analysts.
The Fund Forum and the Alfa 2014 competition are annual events organized by Analizy Online, an independent institution analyzing the whole Polish investment funds market.
This year, the prestigious Alfa 2014 Award in the active allocation funds category went to Legg Mason Strategist, a subfund of the Legg Mason Umbrella OEIF. Legg Mason Strategist is a mixed subfund investing from 20% to 80% of assets in equity, and the remaining part of the assets in other deposits, including debt securities or money market instruments. Unique in Poland, the fund's investment policy assumes strategic allocation of assets. In the event of expected long-term equity price gains, Legg Mason Strategist makes a model investment of 75% of the subfund assets in equity and 25% in debt securities. In the event of an expected long-term equity price fall, the model allocation is a 25% share of the subfund assets in equity and a 75% share in debt securities. Legg Mason Strategist has operated in Poland under the current investment strategy since 20 July 2011. By the end of February 2015, the subfund had over PLN 160 million (approximately USD 42 million) AUM, and it continues to be one of the best among Polish mixed funds with active allocation in terms of performance, according to Analizy Online classification.
IMPORTANT INFORMATION
Detailed information concerning the Legg Mason Strategist (“Subfund”) within Legg Mason Umbrella Open-End Investment Fund is the prospectus and the key investor information documents, which are available on the www.leggmason.pl website, at individual fund distribution outlets and in a written form at the registered office of the Fund. The Fund’s prospectus and the key investor information documents include the information required to assess the investment and indicate the risk related to fund participation, charges, fees and information of taxes. Before investing in the Subfund you should analyze the key investor information documents concerning the selected category of the Subfund’s participation units as well as the Fund’s prospectus. Past performance is no guarantee of future returns. The Subfund’s performance does not cover the capital gains tax and fees charged at the purchase of participation units. The individual rate of return depends on the purchase and redemption day, as well as on the fees and taxes collected. The Fund does not guarantee that the investment objective will be achieved or that a specific investment result will be achieved. Subfund’s participants must take into account the possibility of losing at least a part of the deposited funds. The Fund may invest more than 35% of the subfund’s asset value in securities issued, backed and guaranteed by the Treasury, the National Bank of Poland, the European Bank for Reconstruction and Development, the European Investment Bank, the European Central Bank, the European Union as well as in securities issued by a Member State, a regional government or a regional government of a Member State provided that the issuer has a relevant investment grade rating. The Net Asset Value of the subfund may be subject to strong volatility due to the composition of the investment portfolio.
This document is of promotional character and the graphs and charts presented herein are for illustrative purposes only. The material does not constitute an investment offer in view of the Civil Code, investment advice or recommendation concerning the purchase or sale of any financial instruments. Source of data: calculations of Legg Mason TFI S.A., apart from the part "Risk statistics" which are supplied by Analizy Online.
Legg Mason TFI SA, which manages Legg Mason funds in Poland, operates on the basis of the decision of 18 June 1998 issued by the Polish Securities and Exchange Commission.