Shareholder Report | 12 Months Ended |
Jul. 31, 2024 USD ($) $ / shares |
Shareholder Report [Line Items] | | |
Document Type | N-CSR | |
Amendment Flag | false | |
Registrant Name | Legg Mason Global Asset Management Trust | |
Entity Central Index Key | 0001474103 | |
Entity Investment Company Type | N-1A | |
Document Period End Date | Jul. 31, 2024 | |
Martin Currie SMASh Series EM Fund | | |
Shareholder Report [Line Items] | | |
Fund Name | Martin Currie SMASh Series EM Fund | |
Class Name | Martin Currie SMASh Series EM Fund | |
No Trading Symbol Flag | true | |
Annual or Semi-Annual Statement [Text Block] | This annual shareholder report contains important information about Martin Currie SMASh Series EM Fund for the period August 1, 2023, to July 31, 2024. | |
Shareholder Report Annual or Semi-Annual | annual shareholder report | |
Additional Information [Text Block] | You can find additional information about the Fund at https://www.franklintempleton.com/regulatory-fund-documents . You can also request this information by contacting us at 877-6LM-FUND/656-3863 . | |
Additional Information Phone Number | 877-6LM-FUND/656-3863 | |
Additional Information Website | https://www.franklintempleton.com/regulatory-fund-documents | |
Expenses [Text Block] | WHAT WERE THE FUND COSTS FOR THE LAST YEAR? (based on a hypothetical $10,000 investment) Fund Name Costs of a $10,000 investment Costs paid as a percentage of a $10,000 investment * Martin Currie SMASh Series EM Fund 1 $0 0.00% | [1],[2] |
Expenses Paid, Amount | $ 0 | [1] |
Expense Ratio, Percent | 0% | [1] |
Factors Affecting Performance [Text Block] | HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE? For the twelve months ended July 31, 2024, Martin Currie SMASh Series EM Fund returned 0.47%. The Fund compares its performance to the MSCI Emerging Markets Index-NR, which returned 6.27% for the same period. PERFORMANCE HIGHLIGHTS Top contributors to performance: ↑ Robust short- and medium-term demand for artificial intelligence (AI)-enabling technologies provided a tailwind for Taiwan Semiconductor Manufacturing Company, a global semiconductor foundry that is recognized as a key supplier of AI chips for Nvidia ↑ SK hynix, a major supplier of high bandwidth memory chips used by AI chip makers, revised its earnings projections upwards, which benefited its stock ↑ Capitec Bank, which strongly outperformed other South African banks year to date, improved its operational delivery model and posted solid earnings growth Top detractors from performance: ↓ LG Chem was impacted by weaker fundamentals within its core operating unit, petrochemicals, where margins softened due to supply-demand imbalances ↓ AIA Group, a Pan-Asian insurer with a rapidly growing Hong Kong and China market presence, was pressured by negative Chinese equity market performance over the period ↓ Cosan, a Brazilian conglomerate focused on bioethanol, sugar and energy production, faced cyclical headwinds across their underlying businesses and a reduction in the value of their stake in Vale | |
Performance Past Does Not Indicate Future [Text] | The Fund’s past performance is not necessarily an indication of how the Fund will perform in the future. | |
Line Graph [Table Text Block] | | |
Average Annual Return [Table Text Block] | AVERAGE ANNUAL TOTAL RETURNS (%) Period Ended July 31, 2024 1 Year 5 Year Since Inception (1/10/2018) Martin Currie SMASh Series EM Fund 0.47 6.19 1.70 MSCI All Country World ex-US Index-NR 9.75 6.29 3.70 MSCI Emerging Markets Index-NR 6.27 3.41 1.00 | |
No Deduction of Taxes [Text Block] | The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares, or the effect of fees and expenses borne by investors at the separately managed account level. | |
Updated Performance Information Location [Text Block] | For current month-end performance, please call Franklin Templeton at 877-6LM-FUND/656-3863 or visit https://www.franklintempleton.com/investments/options/mutual-funds . Important data provider notices and terms available at www.franklintempletondatasources.com. | |
Net Assets | $ 1,362,327,818 | |
Holdings Count | $ / shares | 31 | [3] |
Advisory Fees Paid, Amount | $ 0 | |
Investment Company Portfolio Turnover | 26% | |
Additional Fund Statistics [Text Block] | KEY FUND STATISTICS (as of July 31, 2024) Total Net Assets $1,362,327,818 Total Number of Portfolio Holdings * 31 Total Management Fee Paid $0 Portfolio Turnover Rate 26% | [3] |
Holdings [Text Block] | | |
Updated Prospectus Web Address | https://www.franklintempleton.com/regulatory-fund-documents | |
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[1] 1 Does not reflect the effect of fees and expenses associated with a separately managed account, or a management fee or other operating expenses of the Fund. * Reflects fee waivers and/or expense reimbursements, without which expenses would have been higher. * Does not include derivatives, except purchased options, if any. |