The Legg Mason ETF Funds (Nasdaq: DDBI, UDBI, EDBI, LVHD) to Ring the Nasdaq Stock Market Opening Bell
ADVISORY, Feb. 08, 2016 (GLOBE NEWSWIRE) --
Legg Mason, a global asset management firm with $671.5 billion in assets under management, will visit the Nasdaq MarketSite in Times Square, in celebration of its newly launched ETF funds: Legg Mason US, Developed ex-US and Emerging Markets Core ETFs (Nasdaq:UDBI) (Nasdaq:DDBI) (Nasdaq:EDBI) and Legg Mason Low Volatility High Div ETF (Nasdaq:LVHD). Better diversification in equity exposure can help investors navigate volatile markets, such as the ones seen since the beginning of the year.
Legg Mason US, Developed ex-US and Emerging Markets Core ETFs (UDBI, DDBI, EDBI):
These strategies seek to provide a diversified core exposure to their equity markets to better capture the opportunities – and address the concentration risk within – market capitalization weighted indexes. This strategy diversifies across industries in the US, and countries and sectors in the developed international and emerging markets, based on historical correlations instead of market capitalization to mitigate macroeconomic risks.
Legg Mason Low Volatility High Div ETF (LVHD):
This ETF seeks more stable income and capital appreciation by buying stocks of profitable US companies with relatively high yields and lower price and earnings volatility across a wide range of market capitalization. More specifically it focuses on income, risk mitigation and capital appreciation.
In honor of the occasion, Tom Hoops, Executive Vice President of Business Development at Legg Mason, will ring the Opening Bell.
Nasdaq MarketSite – 4 Times Square – 43rd & Broadway – Broadcast Studio
Tuesday, February 9, 2016 – 9:15 a.m. to 9:30 a.m. ET
Legg Mason Media Contact:
Fiber Line (Encompass Waterfront): 4463
Gal 3C/06C 95.05 degrees West
18 mhz Lower
DL 3811 Vertical
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A LiveStream of the Nasdaq Opening Bell will be available at:
https://new.livestream.com/nasdaq/live or http://www.nasdaq.com/about/marketsitetowervideo.asx
To obtain a hi-resolution photograph of the Market Open, please go to http://www.nasdaq.com/reference/marketsite_events.stm and click on the market open of your choice.
About Legg Mason
Legg Mason is a global asset management firm with $671.5 billion in assets under management as of December 31, 2015. The Company provides active asset management in many major investment centers throughout the world. Legg Mason is headquartered in Baltimore, Maryland, and its common stock is listed on the New York Stock Exchange (symbol:LM).
Nasdaq (Nasdaq:NDAQ) is a leading provider of trading, clearing, exchange technology, listing, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to more than 3,700 listed companies with a market value of approximately $9.6 trillion and nearly 10,000 corporate clients. To learn more, visit: nasdaq.com/ambition or business.nasdaq.com.
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