BETHESDA, MD--(Marketwire - Jun 23, 2011) - AdvisorShares Investments, a sponsor of actively managed Exchange Traded Funds (ETFs), today launched the AdvisorShares Meidell Tactical Advantage ETF (NYSE: MATH) which is managed by American Wealth Management of Reno, Nevada. The Meidell Tactical Advantage ETF offers advisers a broadly diversified portfolio that measures the velocity of change in value across asset classes to find the best risk-adjusted returns.
Laif Meidell, Portfolio Manager of MATH, said, "We are very excited to launch MATH with AdvisorShares as we believe investment advisers and their clients will be excited about the strategy's focus on changes in the economy, and how assets should be allocated as these changes occur, all within an actively managed ETF. We manage MATH by measuring the velocity of change in the different asset classes, and then make investment allocations with the goal of providing positive risk adjusted returns and minimizing losses through tactical asset allocation."
Noah Hamman, CEO and Founder of AdvisorShares, said, "We feel investors are seeking a professionally managed tactical strategy like MATH which enables the portfolio manager to evaluate, rank and select the mix of investments in given market conditions while remaining objective and unemotional. We're proud to add the Meidell Tactical Advantage ETF to our growing stable of unique ETFs."
To request more information on AdvisorShares, please contact Noah Hamman at 202-684-6383 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 06/23/2011 AdvisorShares offers 10 active ETFs with over $310,000,000 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), the Active Bear ETF (NYSE: HDGE), the Madrona Forward Domestic ETF (NYSE: FWDD), the Madrona Forward International ETF (NYSE: FWDI), the Madrona Forward Global Bond ETF (NYSE: FWDB) and the Meidell Tactical Advantage ETF (NYSE: MATH). 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 American Wealth Management
American Wealth Management, serves as investment sub-advisor to the Meidell Tactical Advantage ETF. American Wealth Management was established in 1989. American Wealth Management serves as an investment manager to individuals, corporations and profit sharing plans. www.financialhealth.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.
There is no guarantee that the Fund will achieve its investment objective. An investment in the Fund is subject to risk, including the possible loss of principal amount invested. Other Fund risks include market risk, asset allocation risk, early closing risk, liquidity risk and trading risk. The Fund is also subject to the risks associated with the underlying ETFs' or ETPs' investments, including the possibility that the value of the underlying securities will decrease. The Fund may not be suitable for all investors. Newly organized, the Fund has no trading history and there can be no assurance that active trading markets will be developed or maintained.