ACTIVESHARES® ETF TRUST
LEGG MASON ETF INVESTMENT TRUST
SUPPLEMENT DATED JULY 7, 2021
TO THE PROSPECTUS AND
STATEMENT OF ADDITIONAL INFORMATION (“SAI”)
OF EACH FUND LISTED IN SCHEDULE A
Effective immediately Legg Mason Investor Services, LLC, the distributor of creation units for each Fund listed in Schedule A, is renamed Franklin Distributors, LLC. All references to “Legg Mason Investor Services, LLC” and “LMIS” in each Fund’s Prospectus and SAI are removed and replaced with “Franklin Distributors, LLC” and “Franklin Distributors,” respectively.
SCHEDULE A
| Fund |
Date of | |
| ACTIVESHARES® ETF TRUST |
||
| ClearBridge Focus Value ESG ETF |
January 29, 2021 | |
| LEGG MASON ETF INVESTMENT TRUST |
||
| ClearBridge All Cap Growth ESG ETF |
January 29, 2021 | |
| ClearBridge Dividend Strategy ESG ETF |
March 31, 2021 | |
| ClearBridge Large Cap Growth ESG ETF |
March 31, 2021 | |
| Legg Mason Global Infrastructure ETF |
March 1, 2021 | |
| Legg Mason International Low Volatility High Dividend ETF |
March 1, 2021 | |
| Legg Mason Low Volatility High Dividend ETF |
March 1, 2021 | |
| Legg Mason Small-Cap Quality Value ETF |
November 25, 2020 | |
| Western Asset Short Duration Income ETF |
November 25, 2020 | |
| Western Asset Total Return ETF |
May 1, 2021 | |
Please retain this supplement for future reference.
LMFX648509