UDBI

Fund Description
Legg Mason US Diversified Core ETF seeks to track the investment results of an index composed of publicly traded U.S. equity securities. The QS DBI US Diversified Index (the Index ) seeks to provide exposure to equities of U.S. companies and is based on a proprietary methodology created and sponsored by QS Investors, LLC ( QS ). The Index is composed of U.S. companies that are included in the MSCI USA IMI Index. The proprietary rules-based process initially groups this universe of securities into multiple investment categories based on industries. Within each of these investment categories, securities are weighted by market capitalization. The process then combines those investment categories with more highly correlated historical performance into a smaller number of clusters. A cluster is a group of investment categories based on industry that have demonstrated a tendency to behave similarly (high correlation). Thereafter, each of these clusters is equally weighted in the Index to produce a highly diversified portfolio. QS anticipates that the number of component securities in the Index will range from 2,200 to 2,500. The Index may include large, medium and small capitalization companies. The components of the Index, and the degree to which these components represent certain industries, may change over time. The Index s components are reconstituted annually and rebalanced quarterly.
Fund Profile
Fund Name Legg Mason US Diversified Core ETF
Fund Exchange Ticker UDBI
Fund Sponsor Legg Mason
Fund ISIN US52468L3078
Net Expense Ratio 0.30 %
Fund Inception Date 28 December 2015
Fund Legal Structure ETF (Open end fund)
Exchange NASDAQ
Listing Country Code US
Fund Investment Objective
ETF Type Specific US Equities - Broad Market & Size
Asset Class Equities (Stocks)
Index Linked Passive
Index Name QS DBI US Diversified Index
Index Provider QS Investors
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Market Capitalization Range Broad Market / Multi-Cap
Growth Value Core / Blend
Continent North America
Key Statistics
Return As of Date 15 January 2019
Asset Under Management 2.92 Million (USD)
1 Month Total Return -7.01 %
Year To Date Return 7.30 %
1 Year Total Return -6.32 %
3 Year Annualized Total Return 10.80 %
NAV 28.05
Share Outstanding 104,000
Top 10 Holdings (16 January 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
APPLE INC AAPL EQUI 0.0198
AMAZON.COM INC AMZN EQUI 0.0161
CISCO SYSTEMS INC CSCO EQUI 0.0159
SCHLUMBERGER LTD SLB EQUI 0.0145
MICROSOFT CORP MSFT EQUI 0.0118
BERKSHIRE HATHAWAY INC-CL B BRK/B EQUI 0.0114
PROCTER & GAMBLE CO/THE PG EQUI 0.0114
EXXON MOBIL CORP XOM EQUI 0.0101
VERIZON COMMUNICATIONS INC VZ EQUI 0.0088
NIKE INC -CL B NKE EQUI 0.0087