Legg Mason Gets Active with New Products

Legg Masonhas filed anapplicationwith theSecurities and Exchange Commissionfor an exemption order for two equity and one fixed income offering via an ETF Trust.

Specifically, the trust will initially offer theLegg Mason Western Asset Ultra-Short Duration ETF,Legg Mason Capital Management Systematic Equity FundandLegg Mason Equal-Weighted Equity Sector 3.

A spokesperson for the firm was not immediately available for comment on the filing.

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