Mid-Cap is designed for investors seeking a long-term capital appreciation through an investment in securities in the mid-cap segment of U.S. markets that are trading at a significant discount to their expected value. The strategy focuses on stocks of companies facing special situations such as unusual or possibly one-time developments that the manager believes make them attractive for investment and on the company's ability to generate excess cash flow, earn high returns on capital, and allocate capital efficiently.
* Includes Mutual Funds, Registered and Non-Registered Accounts as of 03/31/08.
** Legg Mason Investor Services, LLC is the distributor of this fund. LMIS is a subsidiary of Legg Mason, Inc.
