SOURCE: AdvisorShares Investments, LLC

AdvisorShares Investments, LLC

September 23, 2009 09:00 ET

AdvisorShares Dent Tactical ETF (DENT) Trades Over 1 Million Shares

The DENT Actively Managed ETF Is the Fastest Growing Since Launch

BETHESDA, MD--(Marketwire - September 23, 2009) - AdvisorShares Investments, LLC (www.advisorshares.com), an innovative investment management firm designed to offer actively managed ETFs, is excited to announce that its first product, the Dent Tactical ETF (NYSE: DENT), has traded more than 1 million shares in the first 4 days of its launch, making it the largest and fastest growing actively managed ETF.

"We are very pleased about the early success of the Dent Tactical ETF," said Noah Hamman, CEO and Founder of AdvisorShares. "As a pioneer in providing innovative products and services, our mission is to provide sophisticated advisors and investors with access to some of the best of breed, independent money managers. We look forward to continuing to develop a diversified selection of investment strategies that enable true diversification."

DENT is the first actively managed ETF that only uses other ETFs in its portfolio (ETF of ETFs). Sub-advised by economic research and forecasting company HS Dent Investment Management, LLC, which uses their proprietary demographic research to select the strongest performing market sectors, providing a potentially long-term core investing solution with diversification and transparency.

As recently reported by CNBC "Are Actively Managed ETFs Making a Difference?," DENT has attracted surprisingly heavy volume for its first days of trading at a time when very few actively managed ETFs have come to market.

The investment objective of the DENT is to seek long-term growth of capital by identifying, through proprietary economic and demographic analysis, the overall trend of the U.S. and global economies. DENT invests in ETFs across many asset classes, including domestic and foreign equities, domestic or foreign fixed income, cash or commodities. Portfolio Managers Harry S. Dent, Jr. and Rodney Johnson determine how offensive or defensive the portfolio will be, and then select ETFs based on a quantitative, non-emotional relative strength model. Based on this technique, DENT systematically selects the ostensibly strongest performing sectors and specific ETFs within those sectors. The selection process is monitored daily and a sell discipline is utilized to assist with mitigating risk.

For press and media inquires, please contact Katrine Winther-Olesen at 973.400.1341 or katrine@jcpublicrelations.com. For questions on AdvisorShares products or services, please visit the Fund's website at www.AdvisorShares.com or call 1-877-THE-ETF1 (1-877-843-3831).

About AdvisorShares

AdvisorShares ETFs strive to provide investors with true diversification by offering a packaged approach to a variety of asset classes, strategies and styles. AdvisorShares ETFs allow individual investors the opportunity to participate in previously institutional-only investment strategies representing several top money managers, sophisticated trading strategies and previously unavailable investment vehicles. Fund.com (OTCBB: FNDM) is the majority owner of AdvisorShares Investments, LLC and is an online content provider and offers one of the leading generation platforms for the financial services community, including investment funds and the savings and retirement markets. AdvisorShares aspires to be a leader in actively managed ETFs and is dedicated to investor education. Visit our website at www.advisorshares.com to learn more about us.

About HS Dent

HS Dent is an independent economic research and forecasting company that provides Financial Professionals and individuals with the proprietary economic tools needed when attempting to forecast what lies ahead in our economy based on The Dent Method -- the only documented record in the U.S. of success at historically forecasting long term economic trends.

The Dent Method, developed by company Founder and economic expert Harry S. Dent, Jr. in the late 1980s, is a long term economic forecasting technique based on the study of and changes in demographic trends and their impact on our economy. It works by showing how seemingly predictable consumer spending patterns combined with demographic trends provides a tool which allows for the forecasting of the economy years or even decades in advance.

For two decades Financial Professionals and individuals have trusted HS Dent's independent economic think tank and research team to provide specialized and proprietary economic research, analysis tools and forecasts. HS Dent makes its research available through its Monthly Economic Forecasts and Special Reports, by attending Demographics School, by joining the Financial Advisors Network, and by participating in its Online Communities to share techniques and ideas with some of the most successful advisors in the industry.

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.

An investment in the Fund 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. 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.

Foreside Fund Services, LLC, distributor

Contact Information


  • Contact:
    Katrine Winther-Olesen
    JCPR, Inc.
    973.400.1341
    Email Contact