Legg Mason ETF Investment Trust - Western Asset Short Duration Income ETF

Legg Mason ETF Investment Trust - Western Asset Short Duration Income ETF is an exchange traded fund launched and managed by Franklin Templeton Fund Adviser LLC. It is co-managed by Western Asset Management Company, LLC, Western Asset Management Company Limited, Western Asset Management Company Ltd. and Western Asset Management Company Pte. Ltd. The fund invests in fixed income markets of global region. It primarily invests in U.S. dollar-denominated corporate debt securities, including notes, bonds, debentures and commercial paper. The fund maintains an effective duration of two years or less. It employs fundamental analysis with bottom-up and top-down securities picking approach to create its portfolio. The fund seeks to benchmark the performance of its portfolio against the Bloomberg U.S. Corporate 1-3 Year Index and the Bloomberg U.S. Aggregate Index. Legg Mason ETF Investment Trust - Western Asset Short Duration Income ETF was formed on February 7, 2019 and is domiciled in the United States.