Martin Currie International Sustainable Equity Fund
Data updated: 2022-10-28
C000161762 — Martin Currie International Sustainable Equity Fund. Emerging Markets Value Thematic Equity. Holdings, fees, performance and SEC filings.
C000161762 Fund Overview
Martin Currie International Sustainable Equity Fund is a US mutual fund managed by Legg Mason Global Asset Management Trust, categorised as Emerging Markets Value Thematic Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Legg Mason Global Asset Management Trust
- Category: Emerging Markets Value Thematic Equity
- Assets under management: $33.18M
- 1-year return: -33.2%
- SEC CIK: 0001474103
- SEC series ID: S000051299
- Share class ID: C000161762
C000161762 Investment Objective and Strategy
Martin Currie International Sustainable Equity Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Legg Mason Global Asset Management Trust.
Investment objective
Long-term capital appreciation.
Principal investment strategy
Under normal market conditions, the fund pursues its objective by investing at least 80% of its net assets plus borrowings for investment purposes, if any, in equity and equity related securities of foreign companies and other investments with similar economic characteristics. (The fund does not currently intend to borrow for investment purposes.) The fund is generally unconstrained by any particular sector, geography or market capitalization. The subadviser focuses on companies that it believes have a strong history of offering high and sustainable returns on invested capital over time and seeks to acquire securities of companies with reasonable valuations based on the subadvisers assessment of the companys long-term potential. When the subadviser identifies an opportunity it finds attractive, it aims to make a long-term capital commitment.
The equity securities in which the fund will invest may include common stocks, preferred stocks, securities convertible into common stock, depositary receipts, exchange traded funds (ETFs) and synthetic foreign equity securities, including international warrants and other instruments with similar economic characteristics. A synthetic foreign equity security is a type of derivative, typically issued by a bank or other financial institution, designed to replicate the economic exposure of buying an equity security directly in a particular foreign market. The fund may use synthetic foreign equity securities to obtain market exposure where direct access is not otherwise available. The fund may also enter into derivatives as a substitute for buying or selling securities; to obtain market exposure; and to manage cash.
The fund may seek investment opportunities in any foreign country and under normal market conditions will invest in or have exposure to securities of companies located in at least three foreign countries. The fund may invest without limit in securities of companies located in any foreign country, including countries with developed or emerging markets. The fund may invest in companies of any size and market capitalization, but will typically invest in those companies with market capitalizations in excess of $5 billion. The funds portfolio is expected to be highly concentrated, with approximately 25-40 holdings. While the fund is generally unconstrained within its equity universe, the subadviser seeks to be risk aware and to control company risk through due diligence. Instances when the subadviser may sell a portfolio holding include the following: Structural change in the business that the subadviser believes will have a negative impact on its long-term potential, in particular its return on investment capital; Breach of what the subadviser considers to be good corporate governance; Where valuation of the business is meaningfully above the subadvisers assessment of fair valuation; and Where the subadviser believes that other investments offer superior long-term potential.
C000161762 Performance
Total returns for C000161762 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -33.2% |
| 3 years (annualised) | 4.4% |
C000161762 Risk Information
Risk metrics for C000161762, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 23.6%
C000161762 Costs and Fees
C000161762 costs about $85 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.85%
- Gross expense ratio: 1.87%
- Portfolio turnover: 25%
- Brokerage commissions: 4.47 bps of average net assets (SEC N-CEN)
C000161762 Cashflows
Over the 12 months to 2022-08, Martin Currie International Sustainable Equity Fund had net inflows of $50.19M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2022-08 | $829.89K |
| 2022-07 | $2.06M |
| 2022-06 | $5.69M |
| 2022-05 | $1.28M |
| 2022-04 | $2.35M |
| 2022-03 | $2.66M |
C000161762 Debt Constituents
No individual debt constituents are reported in Martin Currie International Sustainable Equity Fund's latest SEC N-PORT filing.
C000161762 Prospectus and SEC Filings
Official Martin Currie International Sustainable Equity Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2022-09-23
- Prospectus (485BPOS) — filed 2021-09-23
- Prospectus (485BPOS) — filed 2020-09-24
- Portfolio holdings (N-PORT) — filed 2022-10-28
- Portfolio holdings (N-PORT) — filed 2022-07-25
- Portfolio holdings (N-PORT) — filed 2022-04-27
- Annual census (N-CEN) — filed 2022-08-08
- Annual census (N-CEN) — filed 2021-08-05
Related Funds
Related funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.