Western Asset
Investment Objective
To maximize total return, through income and capital appreciation by investing primarily in the global fixed income markets as opportunities arise. The Fund will invest primarily in debt securities denominated in various currencies, with a bias toward non-sovereign debt securities, including corporate debt securities, mortgage-backed securities, and debt securities of issuers that are domiciled in Emerging Markets countries.
Strategy
Construct a portfolio using all major global investment-grade fixed income markets and currencies with a bias towards non-sovereign debt securities. Value is added through issuer selection, sub-sector allocation and ratings allocation. Portfolio risk is controlled through broad diversification across markets and sector. The Fund may opportunistically invest in a concentrated or limited number of issuers or sectors.
Snapshot
Indicative Strategy: None Stated
Credit Quality: The Investment Manager, in its discretion, will invest in both debt securities rated investment grade at the time of purchase by an NRSRO and debt securities rated below investment grade by an NRSRO.
Minimum Subscription: Not Applicable
Domicile: Dublin, Ireland
Ticker Symbol: Not Applicable
SEDOL Code: Not Applicable
ISIN Number: Not Applicable
Inception Date: Not Applicable
General Fund Literature
How to Invest
Please follow the attached instruction and application form. If you have any questions about the funds or the attached forms, please feel free to contact your Client Service Executive or call our main number.

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Legg Mason Institutional Funds plc is an investment company with variable capital incorporated with limited liability in Ireland with registerd number 352814 and established as an umbrella fund. Registered office: Guild House, Guild Street, International Financial Services Centre, Dublin 1, Ireland.