SOURCE: AdvisorShares

AdvisorShares

June 23, 2010 13:30 ET

AdvisorShares Announces Partnership With Cambria Investment Management to Develop a Global Tactical Asset Allocation ETF

Partnership Will Create an Actively Managed ETF That Will Take a Quantitative Approach to Global Tactical Asset Allocation ("GTAA")

BETHESDA, MD--(Marketwire - June 23, 2010) -   AdvisorShares Investments, LLC, a developer of and investment adviser to actively managed Exchange Traded Funds, announced today a partnership with Cambria Investment Management, Inc., a Los Angeles based investment manager, to create a GTAA strategy in an actively managed ETF. The proposed ETF would join AdvisorShares' growing stable of innovative actively managed ETFs which includes the Dent Tactical ETF (NYSE: DENT).

"Cambria has an excellent track record using their proprietary quantitative approach to investing," said Noah Hamman, CEO and Founder of AdvisorShares. "Cambria has done an outstanding job developing research and education related to a GTAA strategy via their popular white paper, 'A Quantitative Approach to Tactical Asset Allocation,' and their recent book, 'The Ivy Portfolio.'"

Mebane Faber, Chief Investment Officer of Cambria Investment Management said, "Buying and holding a diversified portfolio did little to protect countless investors from the global market meltdown in 2008 and 2009. In these volatile markets investors need to be more proactive in managing their risk."

Eric Richardson, Chairman and CEO of Cambria Investment Management, said, "At Cambria, our mission for our separately managed accounts and private funds has been to grow capital by seeking to produce long term absolute returns with reduced volatility and manageable risk and drawdowns."

To request more information on AdvisorShares, please contact Noah Hamman at 202.684.6383 or nh@advisorshares.com. Look for us at the Morningstar Investment Conference (Booth #153) in Chicago, June 23rd-25th.

About AdvisorShares
AdvisorShares is a turnkey platform for investment managers seeking to offer their investment strategy in an actively managed ETF. AdvisorShares works with some best-of-breed money managers to combine their money management expertise with the benefits the ETF structure provides. AdvisorShares provides sales, marketing and educational support to help financial advisors use AdvisorShares ETFs to help them achieve their clients' investment goals and objectives. AdvisorShares is a leader in actively managed ETFs and is dedicated to investor education. Fund.com (OTCBB: FNDM) is the majority owner of AdvisorShares Investments, LLC. Visit our website at http://www.advisorshares.com to learn more about us.

About Cambria Investment Management, Inc.
Cambria Investment Management, Inc. is an investment management firm employing a disciplined multi-asset, global quantitative research process. Cambria provides investment management services through a number of portfolio strategies to high net worth individuals and institutions through separately managed accounts and private funds. Cambria believes that any single style or approach that relies on subjective methods can be inconsistent over time, may bias the investment process, and potentially hinder performance. Global diversification through asset allocation, coupled with prudent risk management, is the foundation of Cambria's investment philosophy. Visit their website at www.cambriainvestments.com.

Before investing you should carefully consider the Dent Tactical ETF's investment objectives, risks, charges and expenses. This and other information is in the Dent Tactical ETF prospectus, a copy of which may be obtained by visiting www.AdvisorShares.comPlease read the prospectus carefully before you invest.

Foreside Fund Services, LLC is the distributor of the AdvisorShares ETFs.
An investment in the Dent Tactical ETF is subject to risk, including the possible loss of principal amount invested. Other Fund risks include asset allocation risk, trading risk, early closing risk, turnover risk, and temporary defensive positions risk which can increase Fund expenses and may decrease Fund performance. The Fund is, also, subject to the risks associated with the underlying ETFs that comprise this "fund of funds". The underlying ETFs' risks, as detailed in the prospectus, include small and large cap company risk, real estate investment trusts (REITs) risk, interest rate risk, credit risk, fixed income risk, foreign securities and currency risks, emerging markets risk, derivative risk, and commodity-linked derivative investment risk. Newly organized, actively managed funds have no trading history and there can be no assurance that active trading markets will be developed or maintained.

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