VGOF-P28 05/24
LEGG MASON ETF INVESTMENT TRUST
LEGG MASON ETF INVESTMENT TRUST II
SUPPLEMENT DATED MAY 28, 2024
TO THE STATEMENT OF ADDITIONAL INFORMATION (“SAI”)
OF EACH FUND LISTED IN SCHEDULE A
Notwithstanding anything to the contrary in the Statement of Additional Information (SAI) for each of the Funds listed on Schedule A hereto, effective May 28, 2024, in accordance with applicable regulations, the “regular way” settlement date for ETF creation and redemption orders is generally the first business day following the trade date (i.e., “T+1”) except as otherwise agreed by the parties. Accordingly, effective May 28, 2024, all references to “T+2” regular way settlement throughout each Fund’s SAI are hereby revised as the context may require to state: “T+1 (except as otherwise agreed by a Fund and an Authorized Participant)”.
SCHEDULE A
| Fund |
Date of SAI | |
| LEGG MASON ETF INVESTMENT TRUST II |
||
| ClearBridge Focus Value ESG ETF |
August 1, 2023 | |
| LEGG MASON ETF INVESTMENT TRUST |
||
| ClearBridge All Cap Growth ESG ETF |
August 1, 2023 | |
| ClearBridge Dividend Strategy ESG ETF |
August 1, 2023 | |
| ClearBridge Large Cap Growth ESG ETF |
August 1, 2023 | |
| Royce Quant Small-Cap Quality Value ETF |
August 1, 2023 | |
| Franklin International Low Volatility High Dividend Index ETF |
August 1, 2023 | |
| Franklin U.S. Low Volatility High Dividend Index ETF |
August 1, 2023 | |
| Fund |
Date of SAI | |
| Western Asset Short Duration Income ETF |
August 1, 2023 | |
| Western Asset Total Return ETF |
August 1, 2023 |
Please retain this supplement for future reference.