Legg Mason is to rename its Strategic Bond fund Legg Mason Sterling Corporate Plus Bond fund, with e...
Legg Mason is to rename its Strategic Bond fund Legg Mason Sterling Corporate Plus Bond fund, with effect from tomorrow. The fund’s underlying investment objectives will not change, with the name to better reflect the underlying securities in which the fund invests. The Legg Mason Sterling Corporate Plus Bond fund has a corporate bond exposure of at least 70% with a limited exposure to fixed income securities with higher alpha-generating capabilities, such as high yield, MBS and ABS.
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