Legg Mason has also partnered with ClearBridge Investments to launch the ClearBridge All Cap Growth ETF (NasdaqGM: CACG). The active ETF is managed by the ClearBridge team and tries to achieve long-term capital appreciation by investing in a diversified portfolio of large, medium and small capitalization stocks that have the potential for above-average long-term earnings and cash flow growth.

“We really developed these products for what we saw coming down the pike and I think advisors really are struggling in that ‘what do I do with my money, how do I invest my client money going forward,'” James Norman, President and Head of Equity Strategy for QS Investors, said. “They are excited about equity returns but they’re a little nervous at these valuation levels.”

For instance, investors may consider smart beta plays like the Legg Mason Low-Volatility High-Dividend ETF (NASDAQ: LVHD). The low volatility high dividend ETF should help investors who are seeking new sources of yield in a changing market environment. The funds focus on companies with relatively high yield and low price and earnings volatility, and the funds also targets profitable companies.

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