Legg Mason Martin Currie strategies added to Macquarie Wrap’s SMA

Legg Mason, one of the world’s largest funds management groups, today announced that the Legg Mason
Martin Currie Real Income and Equity Income funds are now available to financial advisers across the
Separately Managed Account (SMA) investment option on Macquarie Wrap.
The inclusion of our real income and equity funds on Macquarie Wrap reflects the growing demand from
investors who are keen to access income generating strategies in this low yield, low return environment says
Legg Mason Managing Director, Australia and New Zealand, Andy Sowerby.
Sowerby adds: “The Legg Mason Martin Currie Equity Income and Real Income SMAs are based on the same
investment process as the highly successful funds launched in the Australian market few years ago, managed by
specialist equity manager, Martin Currie Australia.”
Launched in 2010, the Legg Mason Martin Currie Real Income strategy invests in a blend of listed real assets
across Australian REITs, utility, infrastructure and like securities available on the Australian Stock Exchange. The
fund, with more than $500 million in FUM, provides an income that is at least 20% higher that the S&P ASX 200
index and aims to grow this income stream in excess of the rate of inflation (as measured by the Consumer
Price Index). The fund has received high independent research ratings by Lonsec and Zenith.
Legg Mason Martin Currie’s Equity Income Strategy aims to provide a high growth and well diversified income
stream. It also seeks to achieve inflation protection from increasing dividends and tax effectiveness through
maximising franking benefits.
“Lonsec’s ‘Highly Recommended’ rating and Zenith’s ‘Recommended’ rating of the Legg Mason Martin Currie
Equity Income Trust are a solid endorsement of the strategy (which the SMA is based on),” says Sowerby.
About Legg Mason
Legg Mason is one of the world’s largest funds management groups, with a history that dates back to 1899. The
firm is listed on the New York Stock Exchange and employs approximately 3,400 employees in 40 offices
worldwide. One of Legg Mason’s most distinguishing characteristics is its global multi-affiliate model. Legg
Mason provides a global platform and centralised business and distribution support for its nine affiliated fund
managers that include: Brandywine, Clarion Partners, ClearBridge, EntrustPermal, Martin Currie, RARE
Infrastructure (in addition to its own domestic distribution), Royce & Associates, QS Investors and Western
Asset. Each affiliate operates independently under its own brand and investment process, and is considered an
industry expert in its asset class. Legg Mason offers a diverse set of investment solutions across institutional,
wealth management and direct investor channels, covering a range of asset classes including Australian
equities, global equities, fixed income, real assets, income, alternatives, emerging markets, direct lending and
multi-asset products.
 Established 1899
 Head office Baltimore, USA
 Australia operations started in 1954
 Funds managed A$952.4 billion (US$728.4 billion) as at 31 March 2017

SOURCE: Legg Mason Global Asset Management