Legg Mason Global Asset Management Trust
02/02/2026 | Press release | Distributed by Public on 02/02/2026 08:32
Summary Prospectus by Investment Company (Form 497K)
VGOF-P18 02/26
LEGG MASON GLOBAL ASSET MANAGEMENT TRUST
SUPPLEMENT DATED FEBRUARY 2, 2026, TO THE
SUMMARY PROSPECTUS, AS APPLICABLE, PROSPECTUS, AND
STATEMENT OF ADDITIONAL INFORMATION ("SAI")
OF EACH FUND LISTED IN SCHEDULE A
I. Effective May 1, 2026, Paul Sloane will retire and step down as a member of the portfolio management team for each fund listed on Schedule A. All references to Mr. Sloane in each fund's Summary Prospectus, as applicable, Prospectus and SAI are deleted in their entirety.
II. Effective May 1, 2026, the following changes are made to each fund's Summary Prospectus, as applicable, Prospectus and SAI:
a. The following is added to the section titled "Management - Portfolio managers" in each fund's Summary Prospectus, as applicable, and Prospectus:
|
Portfolio manager |
Title |
Portfolio manager of the fund since |
|
Robbie McNab, CFA |
Portfolio Manager |
May 2026 |
b. The following is added to the section titled "More on fund management - Portfolio managers" in each fund's Prospectus:
|
Portfolio manager |
Title and recent biography |
Portfolio manager of the fund since |
|
Robbie McNab, CFA |
Mr. McNab is a Portfolio Manager on the Emerging Markets Strategy at CIML, where he is primarily responsible for researching stocks in the industrials and utilities sectors. He has 18 years of investment industry experience. Mr. McNab was formerly a Senior Portfolio Manager and global Investment Analyst at Martin Currie, which became part of CIML in 2025. Since starting his career in 2007 at Martin Currie, he has held positions as a global investment analyst, a specialist on the Global Resources strategy, and a portfolio manager for the North America product before joining the former Martin Currie Long-Term Unconstrained team in 2018. |
May 2026 |
c. The following is added to the section titled "Portfolio Managers - Other Accounts Managed by the Portfolio Managers" in each fund's SAI:
|
Portfolio Managers |
Type of Account |
Number
of |
Total
Assets ($) |
Number of
Advisory |
Assets
Advisory ($) |
|
Robbie McNab* |
Registered investment companies |
None |
None |
None |
None |
|
Other pooled investment vehicles |
None |
None |
None |
None |
|
|
Other accounts |
None |
None |
None |
None |
* The information is as of December 31, 2025 and does not reflect additional accounts (including the Fund) for which Mr. McNab will join the portfolio management team effective May 1, 2026.
d. The section entitled "Portfolio Managers - Portfolio Managers Securities Ownership" in each fund's SAI is deleted in its entirety and replaced with the following:
As of January 1, 2026, the portfolio managers did not own shares of the Fund. It is not tax efficient for the portfolio managers, as residents of the United Kingdom, to invest in the Fund.
SCHEDULE A
|
Fund |
Date of Summary |
|
LEGG MASON GLOBAL ASSET MANAGEMENT TRUST |
|
|
ClearBridge Emerging Markets Fund |
February 1, 2026 |
|
Clearbridge SMASh Series EM Fund |
December 1, 2025 |
Please retain this supplement for future reference.
Legg Mason Global Asset Management Trust published this content on February 02, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on February 02, 2026 at 14:32 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]