Legg Mason Dynamic Multi-Strategy VIT Portfolio — new fund registration

LEGG MASON PARTNERS VARIABLE EQUITY TRUST registered 1 new fund series on Form 485APOS, filed 2011-08-31. Featured series: Legg Mason Dynamic Multi-Strategy VIT Portfolio.

Registration

Registrant / trust: LEGG MASON PARTNERS VARIABLE EQUITY TRUST
CIK: 0001176343
Form: 485APOS
Filed: 2011-08-31
State of incorporation: MD
Accession: 0001193125-11-237935
Reported net assets: $26.9M

Series & classes (2)

Series	Class	Ticker	New
Legg Mason Dynamic Multi-Strategy VIT Portfolio	Class I Shares	—	Yes
Legg Mason Dynamic Multi-Strategy VIT Portfolio	Class II Shares	—	Yes

Fees (from the effective prospectus)

12b-1 fee: 0.00%
Gross expense ratio: 1.02%
Management fee: 0.45%
Net expense ratio: 1.06%
Other expenses: 0.03%

Investment objective

The fund seeks the highest total return (that is, a combination of income and long-term capital appreciation) over time consistent with its asset mix.

Legg Mason Dynamic Multi-Strategy VIT Portfolio — new fund registration

Registration

Series & classes (2)

Fees (from the effective prospectus)

Investment objective

Advisers

Other filings by this registrant (15)

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