# EDGAR Filing Document

**Accession Number:** 0001645194
**File Stem:** 0001655589-26-000539
**Filing Date:** 2026-4
**Character Count:** 5055
**Document Hash:** 8c198cdc668c296ba7cd1e349788f6c7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001655589-26-000539.hdr.sgml**: 20260417

**ACCESSION NUMBER**: 0001655589-26-000539

**CONFORMED SUBMISSION TYPE**: 497K

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20260417

**DATE AS OF CHANGE**: 20260417

**EFFECTIVENESS DATE**: 20260417

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Legg Mason ETF Investment Trust
- **CENTRAL INDEX KEY:** 0001645194

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1130

**FILING VALUES:**
- **FORM TYPE:** 497K
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-206784
- **FILM NUMBER:** 26869860

**BUSINESS ADDRESS:**
- **STREET 1:** 620 EIGHTH AVE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10018
- **BUSINESS PHONE:** 877-721-1926

**MAIL ADDRESS:**
- **STREET 1:** 620 EIGHTH AVE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10018

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Legg Mason ETF InvestmentTrust
- **DATE OF NAME CHANGE:** 20170221

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Legg Mason ETF Equity Trust
- **DATE OF NAME CHANGE:** 20150615

## Series and Classes Contracts Data

### Franklin International Low Volatility High Dividend Index ETF (Series ID: S000054583)

| Class ID   | Class Name                                                    | Ticker Symbol   |
|:---|:---|:---|
| C000171451 | Franklin International Low Volatility High Dividend Index ETF | LVHI            |

GOF-P23 04/26

![](img_99ba915c4d434f1.jpg)<br>

**LEGG MASON ETF INVESTMENT TRUST**<br>**SUPPLEMENT DATED APRIL 17, 2026,** <br>**TO THE SUMMARY PROSPECTUS, PROSPECTUS AND** <br>**STATEMENT OF ADDITIONAL INFORMATION ("SAI")** <br>**OF EACH FUND LISTED IN <u>SCHEDULE A</u>** 

**All changes described below are effective June 1, 2026.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**I. The following replaces the reference to Vaneet Chadha in the section titled "Management – Portfolio managers" in the Summary Prospectus and Prospectus, respectively, of each fund listed in Schedule A:** 

---

| | | |
|:---|:---|:---|
| **Portfolio manager** | **Title** | **Portfolio manager**<br>**of the fund since** |
| Brett E. Risser | Portfolio Manager | June 2026 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**II. The following replaces the reference to Vaneet Chadha in the section titled "More on fund management – Portfolio managers" in the Prospectus of each fund listed in Schedule A:** 

---

| | | |
|:---|:---|:---|
| **Portfolio manager** | **Title and recent biography** | **Portfolio manager**<br>**of the fund since** |
| Brett E. Risser | Portfolio Manager of Franklin Advisers. Mr. Risser joined Franklin Templeton in 2023. Prior to joining Franklin Templeton, Mr. Risser was a portfolio manager for Putnam Investment Management, LLC, which he joined in 2003. | <u>International Low Volatility High Dividend Index ETF</u>:<br>June 2026<br><u>U.S. Low Volatility High Dividend Index ETF</u>:<br>June 2026 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**III. The following replaces the reference to Vaneet Chadha in the table in the section titled "Portfolio Managers – Other Accounts Managed by the Portfolio Managers" in the SAI of each fund listed in Schedule A:** 

------

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Portfolio Managers**<br>| **Type of** <br>**Account**<br>| **Number of**<br>**Accounts**<br>**Managed** <br>| **Total** <br>**Assets<br>Managed<br>(Billions)** <br>**($)** <br>| **Number of<br>Accounts<br>Managed for<br>which** <br>**Advisory**<br>**Fee is**<br>**Performance-**<br>**Based** <br>| **Assets<br>Managed for<br>which** <br>**Advisory**<br>**Fee is**<br>**Performance-**<br>**Based**<br>**(Billions) ($)**<br>|
| Brett E. <br>Risser\* | &nbsp;&nbsp;&nbsp;Registered <br>Investment <br>Companies | 8 | 5.41 |  |  |
|  | &nbsp;&nbsp;&nbsp;Other Pooled <br>Investment <br>Vehicles | 9 | 1.94 |  |  |
|  | &nbsp;&nbsp;&nbsp;Other Accounts | 4 | 1.51 | 1 | 0.64 |

---

\* The information is as of February 28, 2026.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**IV. The following replaces the references to Vaneet Chadha in the table in the section titled "Portfolio Managers – Portfolio Managers Securities Ownership" in the SAI of each fund listed in Schedule A:** 

---

| | |
|:---|:---|
| **Portfolio Managers**<br>| **Dollar Range of Ownership of Securities ($)**<br>|
| Brett E. Risser\* | &nbsp;&nbsp;&nbsp;None |

---

\* The information is as of March 31, 2026.

#### SCHEDULE A

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| | |
|:---|:---|
| **Fund**<br>| **Date of Summary**<br>**Prospectus,**<br>**Prospectus and**<br>**SAI**<br>|
| **<u>LEGG MASON ETF</u>** <br>**<u>INVESTMENT TRUST</u>** |  |
| Franklin International Low Volatility High Dividend Index ETF  | August 1, 2025 |
| Franklin U.S. Low Volatility High Dividend Index ETF  | August 1, 2025 |

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#### Please retain this supplement for future reference.

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