The Legg Mason Global Funds US Small Cap Equity fund is aiming to up its number of holdings to 260 a...
The Legg Mason Global Funds US Small Cap Equity fund is aiming to up its number of holdings to 260 as the fund's assets grow in size. The portfolio, launched in August as a sub-fund of Legg Mason's Dublin-based Oeic, is currently running with a strong micro-cap bias and looking to diversify risk by increasing its stock list over the coming months. Currently the fund, which is based on the 260 stock US-based Royce Opportunities Mutual fund, has $6m in assets invested in 104 stocks. Managed by Boniface Zaino of Legg Mason's Florida-based subsidiary Royce & Associates, the fund is in t...
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