Combining the Benefits of ETFs with Specialized Expertise

 

Legg Mason ETFs: Dynamic Strategies Managed by Experts

Set apart by its affiliate structure, Legg Mason brings together nine independent investment managers — each with their own area of expertise. Together, they deliver specialized strategies in multiple investment vehicles, including exchange traded funds (ETFs).

Our ETF managers include storied investment firms such as Western Asset Management, ClearBridge Investments, QS Investors, RARE, and Royce & Associates.

At Legg Mason, we bring together these independent asset managers, leveraging their unique skills to deliver innovative active and strategic beta ETFs. Our suite of ETFs gives investors and advisors access to specialized solutions, helping them pursue the outcomes they desire. 

 


 

Why ETFs?

ETFs have become an integral component of the global investing landscape and have been widely adopted by many investors and financial intermediaries.

Benefits including lower costs, tax efficiency, flexibility, and intraday liquidity have helped to drive their popularity.

 

Cost-effective

Cost-effective

Streamlined operations can help lower structural costs/expenses
 

Tax Efficient Investing

Tax-efficient

May offer advantages for tax efficiency

 

Flexible Investing

Flexible

Choice of multiple management styles – active, passive & strategic beta

 

Liquid ETFs

Liquid

Can be bought or sold anytime during market hours at real-time prices


 

Insights & Education

Legg Mason is dedicated to partnering with financial intermediaries by providing ETF education and thought leadership to help them grow their practice. For more information, please contact us or call a Legg Mason representative at 1-888-772-9996. 

 

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No Chalk refers to Legg Mason’s commitment to corporate social responsibility.

IMPORTANT INFORMATION: All investments involve risk, including loss of principal. Past performance is no guarantee of future results. Please see each product’s webpage for specific details regarding investment objective, risks, performance and other important information. Review this information carefully before you make any investment decision. Investors cannot invest directly in an index, and unmanaged index returns do not reflect any fees, expenses or sales charges.

Carefully consider a fund’s investment objectives, risks, charges and expenses before investing. Please view the prospectus or summary prospectus for this and other information. Read it carefully. 

Authorized participants ("APs") may acquire shares in the primary market directly from the ETFs and may tender their shares for redemption directly to the ETFs, at net asset value per share only in Creation Units or Creation Unit Aggregations. Once created, shares of the funds generally trade in the secondary market in amounts less than a Creation Unit.

Retail investors buy and sell shares of ETFs at market price (not NAV) in the secondary market throughout the trading day. These shares are not individually available for purchase or redemption directly from the ETF. 

Legg Mason Investor Services, LLC (LMIS) serves as the distributor of Creation Units for the ETFs on an agency basis. LMIS does not maintain a secondary market in the funds' shares. 

If you are neither a resident nor a citizen of the United States or if you are a non-U.S. entity, the ETF's ordinary income dividends (which include distributions of net short-term capital gains) will generally be subject to a 30% U.S. federal withholding tax, unless a lower treaty rate applies. For further information, please see each fund’s prospectus.

Redemption payments will be effected within the specified number of calendar days following the date on which a request for redemption in proper form is made.  Please see each fund’s statement of additional information (SAI) for more information.  

FINANCIAL ADVISORS: Please note that not all products may be available for sale at your firm. Please call the Legg Mason Sales Desk 1-800-822-5544 or your Legg Mason Sales contact for more information.

Exchange Traded Funds (ETFs) — A type of investment company which is bought and sold on a securities exchange. ETFs generally represent a portfolio of securities, derivative instruments, currencies or commodities. The risks of owning an ETF generally reflect the risks of owning the underlying securities or commodities the ETF is designed to track. ETFs also have management fees and operating expenses that increase their costs.

Legg Mason, Inc., its affiliates, and its employees are not in the business of providing tax or legal advice to taxpayers. These materials and any tax-related statements are not intended or written to be used, and cannot be used or relied upon, by any such taxpayer for the purpose of avoiding tax penalties or complying with any applicable tax laws or regulations. Tax-related statements, if any, may have been written in connection with the “promotion or marketing” of the transaction(s) or matter(s) addressed by these materials, to the extent allowed by applicable law. Any such taxpayer should seek advice based on the taxpayer’s particular circumstances from an independent tax advisor.

Equity securities are subject to price fluctuation and possible loss of principal.

Income and dividends are not guaranteed, and a company may reduce or eliminate its dividend at any time.

Diversification does not guarantee a profit or protect against a loss.