BetaShares Legg Mason Real Income Fund
Australian ETF Manager, BetaShares, and global asset management group, Legg Mason, have launched their second income-oriented active ETF - the BetaShares Legg Mason Real Income Fund (managed fund) (ASX: RINC)- on the Australian Securities Exchange (ASX).
This fund focusses on listed companies that own ‘hard’ physical assets, such as property, utilities and infrastructure. These kinds of companies can deliver strong dividend income from reliable revenue streams that can grow ahead of inflation.
It is based upon the Legg Mason Martin Currie Real Income Fund's strategy.
The BetaShares Legg Mason collaboration has also launched the BetaShares Legg Mason Equity Income Fund.