BETASHARES LEGG MASON EQUITY INCOME FUND (MANAGED FUND)

ASX: EINC 30 JUNE 2021

OBJECTIVE FUND INFORMATION EINC invests in an actively managed portfolio of income-oriented Australian shares that aims to generate an after-tax yield higher than that produced by the S&P/ASX 200 Index, and to grow that income above the BetaShares Funds can be rate of inflation. EINC is managed by Martin Currie, a leading equities manager and member of the Franklin bought or sold during the Templeton Group. trading day on the ASX, and trade like shares. BENEFITS ASX CODE EINC BLOOMBERG CODE EINC AU ATTRACTIVE INCOME FROM QUALITY COMPANIES IRESS CODE EINC.AXW EINC actively selects quality Australian companies paying attractive income, and with the potential IRESS INAV CODE for long-term income growth EINCINAV.ETF DISTRIBUTIONS QUARTERLY SIMPLE INVESTMENT STRATEGY, TAX EFFICIENT MGT FEE 0.85% P. A . EINC invests only in high-quality shares and does not use derivatives to generate income. It also FUND INCEPTION 13 FEB 18 aims to maximise the benefits of franking credits for investors

LOWER VOLATILITY EINC’s active management approach targets lower portfolio volatility than the S&P/ASX 200 Index and less concentrated stock and sector exposures

PERFORMANCE

PERIOD 1 mth 3 mth 6 mth 1 yr 3 yr (p.a.) 5 yr (p.a.) Inception (p.a.)

FUND 1.74% 5.06% 11.85% 23.73% 5.75% - 5.98%

CALENDAR YEAR PERFORMANCE Martin Currie , a wholly owned Specialist Investment PERIOD YTD 2020 2019 2018 2017 2016 2015 Manager of Franklin Templeton, is the investment manager. FUND 11.85% -4.50% 21.31% - - - - Martin Currie is a global active equity specialist, crafting high- conviction portfolios, which aim to deliver attractive and Value of $100 invested since inception consistent risk-adjusted returns 130 for clients. Founded in 1881, the company has a long history 120 in funds management. Martin Currie has a significant presence 110 in Australia dating back to 1954, 100 through Martin Currie Australia. In Australia, Martin Currie are 90 multiple award winners for 80 both investment performance and product innovation. Martin 70 Currie Australia’s success is built Feb-18 Sep-18 Mar-19 Oct-19 May-20 Dec-20 Jun-21 upon a fundamental research process and strong portfolio Source: BetaShares, Bloomberg. Past performance is not indicative of future performance. construction disciplines that Fund returns are calculated in A$ using net asset value per unit at the start and end of the specified period and do not reflect the brokerage or bid-ask are combined with the aim of spread that investors may incur when buying and selling units on the ASX. Returns are after fund management costs, assume reinvestment of any delivering superior investment distributions and do not take into account income tax. outcomes for investors.

CATEGORISATION

AUSTRALIAN SHARES

ACTIVELY MANAGED

INCOME GENERATION

There are risks associated with an investment in EINC, including market risk, individual CONTACT � 1300 487 577 (Australia) � + 61 2 9290 6888 (ex Aust) security risk and market making risk. For more information on risks and other features of EINC, please see the Product Disclosure Statement. � [email protected] � betashares.com.au BETASHARES LEGG MASON EQUITY INCOME FUND (MANAGED FUND)

ASX: EINC 30 JUNE 2021

SECTOR ALLOCATION PORTFOLIO FORECAST YIELD (%) - NEXT 12 MONTHS Banks 19.8% Consumer Discretionary 16.0% FORECAST UNFRANKED PORTFOLIO YIELD 4.9% Non-bank financials 15.1% Communication Services 11.1% FORECAST FRANKED PORTFOLIO YIELD 6.4% Metals & Mining 8.0% Real Estate 7.8% Yield forecast is calculated using the weighted average of broker consensus forecasts of each portfolio holding and research conducted by Legg Mason Australia, and excludes the Fund’s Consumer Staples 7.5% fees and costs. Franking credit benefit assumes a zero tax rate. It is not to be interpreted as the Utilities 6.7% offset achieved by unitholders during this period. Actual yield may differ due to various factors, Industrials 3.2% including changes in the prices of the underlying securities and the number of units on issue. Other 4.7% Neither the yield forecast nor past performance is a guarantee of future results. Not all investors will be able to benefit from the full value of franking credits.

TOP 10 EXPOSURES COMPANY Holdings

Australia & New Zealand Banking

BHP Group

Commonwealth Bank of Australia

Harvey Norman Holdings

JB Hi-Fi

Medibank Private

National Australia Bank

Nine Entertainment Co

Telstra Corp

MONTHLY COMMENTARY The Australian equity market rose 2.3% in June (as measured by the S&P/ASX 200 Accumulation Index), with growth-style stocks rallying during the month and commodity prices, excluding gold, continuing to rise. At the sector level, information technology bounced off recent weakness to be the best performer. The sector was supported by a decline in bond yields, which fell on peak growth data and tapering talk from the U.S. Federal Reserve, despite concerns of inflation which is seen as transitionary. Communication services were also strong, while banks were the weakest sector, giving back after recent strength. The Fund was up 1.74% in June. At the sector level, consumer staples and non-bank financials were the largest contributors, while banks detracted. At the stock level, Corporation and IOOF Holdings were among the top contributors. On the other side, and Alumina were the key detractors. The Fund is expected to provide a yield of 6.4% (grossed up for franking credits) over the next 12 months on a forward-looking basis.

BetaShares Capital Ltd (ABN 78 139 566 868 AFSL 341181) (BetaShares) is the issuer and responsible entity of the BetaShares Legg Mason Equity Income Fund (managed fund) (ARSN 621 856 406) (Fund). BetaShares has appointed Legg Mason Asset Management Australia Ltd (ABN 76 004 835 849 AFSL 240827) (Legg Mason Australia) as investment manager for the Fund. Legg Mason Australia is part of Franklin Resources, Inc. Martin Currie Australia, a division within Legg Mason Australia, provides the investment management services for the Fund. Any reference to ‘Legg Mason Australia’ or ‘Martin Currie Australia’ is a reference to Legg Mason Asset Management Australia Limited. Before making an investment decision you should read the Product Disclosure Statement (PDS) for the Fund carefully and consider, with or without the assistance of a financial adviser, whether such an investment is appropriate in light of your particular investment needs, objectives and financial circumstances. The PDS is available and can be obtained by contacting BetaShares on 1300 487 577 or Legg Mason Australia on 1800 679 541 or at www.betashares.com.au or www. leggmason.com.au. This information does not take into account the investment objectives, financial objectives or particular needs of any particular person. Neither BetaShares, Legg Mason Australia, nor any of their related parties guarantees any performance or the return of capital invested. Past performance is not necessarily indicative of future performance. Investments are subject to risks, including, but not limited to, possible delays in payments and loss of income or capital invested.