SOURCE: AdvisorShares


October 07, 2010 12:00 ET

AdvisorShares and Mars Hill Partners to Ring the Opening Bell(SM) at The New York Stock Exchange

October 11th Ringing Commemorates the Listing of GRV on the NYSE Arca Exchange

BETHESDA, MD--(Marketwire - October 7, 2010) -  AdvisorShares Investments, LLC, a sponsor of actively managed ETFs, today announced that Jason Huntley, Founder and Chief Investment Officer of Mars Hill Partners, will ring The Opening Bell at the New York Stock Exchange (NYSE) on Monday, October 11, 2010 to celebrate the listing of the AdvisorShares Mars Hill Global Relative Value ETF (NYSE: GRV) on the NYSE Arca Exchange. GRV is sub-advised by Mars Hill Partners, LLC, an SEC-registered Investment Adviser.

GRV began trading on NYSE Arca on July 9th, 2010 and was not only the industry's first actively managed long/short equity ETF but quickly became the largest equity actively-managed ETF in the U.S., bringing in over $40 million in assets in its first month of existence. 

"We are pleased to celebrate the listing of GRV on NYSE Arca with Mars Hill Partners," said Noah Hamman, CEO and Founder of AdvisorShares. "We believe the active ETF structure is the best structure for investment managers to offer their investment strategy to the broadest market possible with the benefits of the ETF features."

Jason Huntley said, "From the beginning, we were very excited to partner with AdvisorShares to launch GRV given the underlying investment and diversification merits of our long/short investment strategy when combined with the daily liquidity, fully transparent and tax efficiency benefits of an NYSE-listed ETF. We are pleased with GRV's performance to date along with the positive feedback we are getting from GRV shareholders, potential investors and the press."

To request more information on AdvisorShares, please contact Noah Hamman at 202-684-6383 or

About AdvisorShares
AdvisorShares is a turnkey platform for investment managers seeking to offer their investment strategy in an actively managed ETF. AdvisorShares works with experienced money managers to combine their money management strategies 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 pleased to offer actively managed ETFs, including the Dent Tactical ETF (NYSE: DENT), the Mars Hill Global Relative Value ETF (NYSE: GRV) and the WCM/BNY Mellon Focused Growth ADR ETF (NYSE: AADR) and is dedicated to investor education. is the majority owner of AdvisorShares Investments, LLC. Visit our website at to learn more about us. Follow the AdvisorShares Team at or 'Like' us at!/pages/AdvisorShares/53212358057?ref=ts.

About Mars Hill Partners
Mars Hill Partners, LLC ("Mars Hill") is an SEC-registered Investment Adviser and affiliate of private wealth manager Huntley Thatcher Ellsworth, Ltd. ("HTE"), created to offer HTE's long/short relative value strategies through publicly-traded exchange-traded funds. Mars Hill blends proprietary quantitative models and top-down global macro research to identify and capitalize on relative value opportunities across all major asset classes in order to generate consistent positive absolute returns for its investors.

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 Please read the prospectus carefully before you invest.

Foreside Fund Services, LLC, distributor.

An investment in the Fund is subject to risk, including the possible loss of principal amount invested. The Fund may participate in leveraged transactions to include selling securities short which create the risk of magnified capital losses. Under certain market conditions, short sales can increase the volatility and decrease the liquidity of certain securities or positions and may lower the Fund's return or result in a loss. Other risks include concentration risk, asset allocation risk, derivative risk (such as options, futures, options on futures, and swaps), commodity-linked derivative investment risk, turnover risk and temporary defensive positions risk which can increase Fund expenses and may decrease Fund performance. The Fund is subject to the underlying ETFs risks that comprise this "fund of funds," are detailed in the prospectus and include small cap company risk, foreign securities and currency risks, and emerging markets risk. This Fund may not be suitable for all investors. 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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