- Analysis
- Barani Krishnan
- 32
Legg Mason ETF Investment Trust - Clearbridge Large Cap Growth ESG ETF is an exchange traded fund launched and managed by Franklin Templeton Fund Adviser LLC. The fund is co-managed by Western Asset Management Company, LLC and ClearBridge Investments, LLC. It invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in growth stocks of large-cap companies, within the market capitalization range of the Russell 1000 Growth Index. The fund invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. It employs fundamental analysis with bottom-up stock picking approach to create its portfolio. The fund seeks to benchmark the performance of its portfolio against the Russell 1000 Growth Index and the Russell 3000 Index. The fund does not invest in stocks of companies operating across tobacco, coal, controversial arms and gambling sectors. It employs proprietary research to create its portfolio. Legg Mason ETF Investment Trust - Clearbridge Large Cap Growth ESG ETF was formed on May 22, 2017 and is domiciled in the United States.