American Leading Companies Equity

Portfolio Manager:

Strategy:

American Leading Companies Equity is designed for investors seeking long-term capital appreciation and current income consistent with prudent investment management. It invests primarily in companies that have a major market share in one or more products or services.

Investment objective: Long-term capital appreciation and current income consistent with prudent investment risk.

Inception of style: 1993

American Leading Companies Equity Style Assets Under Management: $239 million*

* As of 12/31/09.
** Legg Mason Investor Services, LLC is the distributor of this fund. LMIS is a subsidiary of Legg Mason, Inc.