← All funds
Global
Closed to investmentLegg Mason Funds ICVC - Legg Mason If Martin Currie Global Alpha Fund
Managed by Liontrust Investment Partners LLP
Latest factsheet
Aug 2026
Fund size
£122.4m
Yearly charge
1.12%
Manager fee
1.00%
Income yield
0.00%
Holdings
66
Launched
31 Dec 2001
The fund managers aim to deliver alpha (capital growth in excess of the MSCI AC World Index) by running an actively managed portfolio and investing in securities using a combination of economic, industry and stock specific analysis irrespective of a benchmark index.
Mark Hawtin (Fund Manager) · Pieran Maru (Fund Manager)
Cumulative performance
| Period | Fund | Sector average | Benchmark | vs sector |
|---|---|---|---|---|
| 1M | -0.60% | +1.80% | +1.30% | Bottom 25% |
| 3M | +10.30% | +6.60% | +8.70% | Top 25% |
| 6M | +9.10% | +11.20% | +13.40% | Lower half |
| YTD | +3.70% | +2.20% | +1.90% | Top 25% |
| 1Y | +15.30% | +17.00% | +21.90% | Lower half |
| 3Y | +52.50% | +46.80% | +63.40% | Upper half |
| 5Y | +16.90% | +43.20% | +70.20% | Bottom 25% |
| Since launch | +32.00% | +59.80% | +90.50% | – |
Calendar-year performance
| 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|
| -33.80% | +20.20% | +19.40% | +12.10% |
Top holdings
| # | Holding | Weight | |
|---|---|---|---|
| 1 | NVIDIA Corp | 3.90% | |
| 2 | Alphabet Inc | 3.90% | |
| 3 | Crowdstrike Holdings Inc | 3.00% | |
| 4 | Credicorp Ltd | 3.00% | |
| 5 | Amazon.com Inc | 2.40% | |
| 6 | Thermo Fisher Scientific Inc | 2.40% | |
| 7 | BayCurrent Inc | 2.30% | |
| 8 | Keyence Corp | 2.20% | |
| 9 | FANUC Corp | 2.20% | |
| 10 | Nomura Holdings Inc | 2.10% |
Portfolio breakdown
Sector
| Information Technology | 31.40% | |
| Industrials | 15.90% | |
| Financials | 11.60% | |
| Consumer Discretionary | 9.20% | |
| Communication Services | 8.30% | |
| Health Care | 7.80% | |
| Materials | 6.30% | |
| Cash & Derivatives | 4.20% | |
| Energy | 3.00% | |
| Other | 2.40% |
Geography
| United States | 47.70% | |
| Other | 13.30% | |
| Japan | 11.90% | |
| United Kingdom | 4.80% | |
| France | 4.60% | |
| Cash & Derivatives | 4.20% | |
| Germany | 4.20% | |
| Canada | 3.50% | |
| Peru | 3.00% | |
| Denmark | 2.70% |
Market cap
| Large | 74.80% | |
| Small | 9.60% |
Share classes
| Class | ISIN | SEDOL | Type | Hedged | Manager fee | Yearly charge | Minimum |
|---|---|---|---|---|---|---|---|
| – | GB0031190555 | 3119055 | – | – | 0.75% | 0.87% | £250k |
| – | GB0031190449 | 3119044 | – | – | 2.00% | 2.08% | £1k |
| – | GB00BMWB3R26 | BMWB3R2 | – | – | 1.00% | 1.12% | £1k |
Source factsheets
| Month | Published by the manager | Read on |
|---|---|---|
| Aug 2026 | View original factsheet ↗ | 14 Sept 2026 |
| Jul 2026 | View original factsheet ↗ | 21 Aug 2026 |