Global Infrastructure:

An Investment Now Is an Investment in the Future.


Infrastructure investment in the U.S. and around the globe is in high demand and poised to accelerate, with assets expected to exceed $110 trillion by 2030.1

 

GLOBAL INFRASTRUCTURE: An Investment Now is an Investment in the Future


 

Explore INFR, the Legg Mason
Global Infrastructure ETF ➜


Employing global infrastructure in a portfolio may offer investors
a beneficial and timely solution to their investment needs.

 



What's Trending

Developed Markets: Projected Maintenance, Upgrades and Capacity.

Infrastructure investment in the U.S. and around the globe is in high demand and poised to accelerate, with assets expected to exceed $110 trillion by 2030.1
 

What's Trending Developed Markets: Projected maintenance, upgrades and capacity.

 

Emerging Markets: Population Growth and Urbanization.

By 2040 the global population will grow by almost two billion people — up 25%6

 

Emerging Markets: Population growth and Urbanization. By 2040 the global population will grow by almost two billion people — up 25%


Forecasts are inherently limited, subject to change, should not be relied upon as an indicator of future performance, and are not a guarantee of future results.

 


The Legg Mason Global Infrastructure ETF
 

Legg Mason Global Infrastructure ETF Highlights


RARE Infrastructure: Making the Difference

 

The RARE Difference

 

Before investing, carefully consider a fund’s investment objectives, risks, charges and expenses. You can find this and other information in each prospectus, and summary prospectus, if available, at www.leggmason.com. Please read the prospectus carefully.
 

1 2014-2030. David Hale Global Economics (2014) and RARE. There is no guarantee these objectives will be met.

2 2016-2040. International Energy Agency (2016).

3 2014-2034. Measured in Revenue Passenger Kilometres (RPKs), Boeing (2015).

4 2011-2032. Westconnex (http://www.westconnex.com.au/about/why_westconnex.html).

5 2011-2030. US EPA (2016).

6 The Global Infrastructure Outlook, sourced by the World Bank (http://blogs.worldbank.org/ppps/forecasting-infrastructure-investment-needs-50-countries-7-sectors-through-2040).

7 Morningstar Infrastructure Category consisting of 36 funds, including 11 ETFs. Effective May 4th, the expense ratio on the Legg Mason Global Infrastructure ETF (INFR) was reduced from 53 bps to 40 bps. This includes a contractual fee waiver of .05% that is set to expire in February 29, 2020.

IMPORTANT INFORMATION: The Fund is newly organized, with a limited history of operations. Equity securities are subject to price fluctuation and possible loss of principal. Companies in the infrastructure industry may be subject to a variety of factors that could adversely affect their business or operations, including high interest costs in connection with capital construction programs, high degrees of leverage, costs associated with governmental, environmental and other regulations, the effects of economic slowdowns, increased competition from other providers of services, uncertainties concerning costs, the level of government spending on infrastructure projects, and other factors. International investments are subject to special risks, including currency fluctuations and social, economic and political uncertainties, which could increase volatility. These risks are magnified in emerging markets. In rising markets, the value of large-cap stocks may not rise as much as that of smaller-cap stocks. Small- and mid-cap stocks involve greater risks and volatility than large-cap stocks. The Fund may focus its investments in certain industries, increasing its vulnerability to market volatility. There is no guarantee that the Fund will achieve a high degree of correlation to the index it seeks to track. The Fund does not seek to outperform the index it tracks, and it does not seek temporary defensive positions when markets decline or appear overvalued. Derivatives, such as options and futures, can be illiquid, may disproportionately increase losses and have a potentially large impact on Fund performance. 

All investments involve risk, including loss of principal. Companies in the infrastructure industry may be subject to a variety of factors that could adversely affect their business or operations, including high interest costs in connection with capital construction programs, high degrees of leverage, costs associated with governmental, environmental and other regulations, the effects of economic slowdowns, increased competition from other providers of services, uncertainties concerning costs, the level of government spending on infrastructure projects, and other factors.

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 the ETF’s prospectus, which is available on the website www.leggmason.com. 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. For more information, please see the ETF’s statement of additional information (SAI), which can be found on www.leggmason.com.

Any information, statement or opinion set forth herein is general in nature, is not directed to or based on the financial situation or needs of any particular investor, and does not constitute, and should not be construed as, investment insight, a forecast of future events, a guarantee of future results, or a recommendation with respect to any particular security or investment strategy or type of retirement account. Investors seeking financial advice regarding the appropriateness of investing in any securities or investment strategies should consult their financial professional.

 

IMPORTANT INFORMATION: All investments involve risk, including loss of principal. Past performance is no guarantee of future results. Please see each product’s web page for specific details regarding investment objective, risks, performance and other important information. Review this information carefully before you make any investment decision.

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.

FINANCIAL ADVISORS: Please note that not all share classes 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.