Products November 27, 2006
Legg Mason Offers 'R' Shares for Mutual Funds
November 27, 2006 (PLANSPONSOR.com) - Legg Mason has
announced it will offer "R" shares for 11 of its
mutual funds, effective December 1, 2006.
Reported by Fred Schneyer
According to a news release the move means investors in small- to mid-sized retirement plans will have the opportunity to invest in the funds. Legg Mason said in the announcement it already offers share-class pricing options targeted at medium- sized to large retirement plans, as well as micro-market plans.
According to the announcement, R shares will be offered for the following funds:
- Legg Mason Value Trust,
- Legg MasonOpportunity Trust,
- Legg Mason Growth Trust,
- Legg Mason Special Investment Trust,
- Legg Mason International Equity Trust,
- Legg Mason Partners Aggressive Growth Fund,
- Legg Mason Partners Large Cap Growth Fund,
- Legg Mason Partners Appreciation Fund,
- Legg Mason Small Cap Growth Fund,
- Legg Mason Partners Core Plus Bond Fund, and
- Legg Mason Partners Core Bond Fund.
You Might Also Like:
Products |
Product and Service Launches
TIAA Distributes Annuity to Empower DC plans; HSA Bank launches emergency savings accounts; Navia partnership launches custom 401(k) plans; and...
Target-Date Assets Reach Record High $3.5 Trillion in 2023
Fees continued to fall, performance rallied and assets grew, according to Sway Research.
Products |
Investment Product and Service Launches
Voya officially launches dual QDIA; MassMutual introduces first sub-advised municipal bond strategy and selects sub-adviser; SEI signs on as trustee...