BETHESDA, MD--(Marketwire - Apr 26, 2011) - AdvisorShares Investments, LLC, a sponsor of actively managed Exchange Traded Funds (ETFs), announced today a partnership with Accuvest Global Advisors ("AGA"), to develop an actively managed ETF which will utilize a proprietary global country rotation strategy. The proposed ETF would join AdvisorShares' growing stable of innovative actively managed ETFs and add a global investment strategist to the AdvisorShares family for Financial Advisors to gain insights from.
Noah Hamman, CEO and Founder of AdvisorShares said, "We feel investment advisors will be as excited as we are to be able to offer their clients access to AGA's extensive global equity investing experience. The strategy utilizes a unique top-down macro-economic scoring system as they evaluate and pick countries, not individual equities. AGA has a tremendous track record of success and the upcoming ETF will provide investors with another solution to gain global equity exposure."
David Garff, President of AGA said, "We believe that global equity markets provide ongoing return opportunities for disciplined investors, and that the best way to gain exposure to these markets is through a broadly diversified portfolio that minimizes individual security risks by investing in a portfolio of price efficient, single country ETFs."
Garff added, "We're looking forward to our partnership with AdvisorShares in creating this investment vehicle which will pair our extensive global country ranking research with AdvisorShares' ETF expertise."
To request more information on AdvisorShares, please contact Noah Hamman at 202-657-6383 or firstname.lastname@example.org. For media inquiries, please contact Richard Stern at 212-888-0044 or email@example.com.
AdvisorShares is one of the leading providers of actively managed ETFs. As of 4/15/2011 AdvisorShares offers 6 active ETFs with over $270,000,000 of assets under management. AdvisorShares is pleased to offer actively managed ETFs, including the Dent Tactical ETF (NYSE: DENT), the Mars Hill Global Relative Value ETF (NYSE: GRV), the WCM/BNY Mellon Focused Growth ADR ETF (NYSE: AADR), the Cambria Global Tactical ETF (NYSE: GTAA) the Peritus High Yield ETF (NYSE: HYLD) and the Active Bear ETF (NYSE: HDGE). AdvisorShares provides educational support to help investors understand ETFs, and the underlying investment strategy for each of the AdvisorShares ETFs. AdvisorShares continues to seek qualified sub-advisor investment partners to offer compelling investment strategies in an active ETF structure. Visit our website at www.advisorshares.com to learn more about us. Follow the AdvisorShares Team on Twitter or 'Like' us on Facebook.
About Accuvest Global Advisors
Accuvest Global Advisors ("AGA"), located at Walnut Creek, CA was established in 2005. AGA serves as investment adviser to a variety of individual and institutional investor accounts. Since its formation, AGA has grown to be one of the premier investment managers for their work in global equity portfolios and endowment style portfolios. For more information, please visit www.accuvest.com.
Before investing you should carefully consider the Fund's investment objectives, risks, charges and expenses. This and other information is in the prospectus, a copy of which may be obtained by visiting the Fund's website at www.AdvisorShares.com. Please read the prospectus carefully before you invest.
Foreside Fund Services, LLC, Distributor.
An investment in ETFs is subject to risk, including the possible loss of principal amount invested. The risks associated with each Fund include the risks associated with the underlying ETFs, which can result in higher volatility, and are detailed in each Fund's prospectus and on each Fund's webpage. Newly organized, actively managed Funds have no trading history and there can be no assurance that active trading markets will be developed or maintained. The Funds may not be suitable for all investors.