Legg Mason Asset Management Singapore Pte. Limited

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Legg Mason Asset Management Singapore Pte. Limited is wholly owned by Legg Mason Inc., a 100-year-old U.S. based financial services holding company that provides securities brokerage, asset management, trusts and investment banking services. As of 31 Mar 2005, Legg Mason, Inc. was responsible for US$373 billion of assets under management invested in a broad range of global equity, fixed interest, and currency products through its subsidiaries.

Legg Mason Asset Management Singapore Pte. Limited advises and manages an extensive range of portfolios on behalf of institutions, public authorities, corporations, retail and private clients. Funds under management were S$10.6 billion as of 31 Mar 2005. Legg Mason Asset Management Singapore Pte. Limited completed its acquisition of Rothschild Asset Management (Singapore) Limited as a going concern.

Legg Mason Asset Management Singapore Pte. Limited operates with two divisions, namely: Western Asset Management (Asia) which manages the fixed interest business and, Legg Mason Equities (Asia) which manages the equity and equity related business.

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Notes
The information provided herein is strictly for general information only and should not be considered as an offer, or solicitation, to deal in any of the unit trusts mentioned herein. Investors may wish to seek advice from a financial adviser before making a commitment to invest in units of the relevant fund. In the event that an investor chooses not to seek advice from a financial adviser, the investor should consider whether the fund is suitable for him. Investments in the unit trusts are not deposits or other obligations of, or guaranteed or insured by the Investment Manager or United Overseas Bank Group. Investments are subject to investment and foreign exchange risks, including the possible loss of the principal amount invested. The value of the units and the income from them may fall as well as rise. The Investment Manager's past performance is not indicative of its future performance. Any forecast made is not necessarily indicative of future or likely performance of the unit trusts. All applications for units in the unit trusts must be made on the application forms accompanying the relevant prospectuses. Investors should read the prospectuses for details.


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