SOURCE: AdvisorShares

AdvisorShares

October 25, 2010 11:00 ET

AdvisorShares Set to Launch the Cambria Global Tactical ETF (NYSE: GTAA)

GTAA Takes a Quantitative Approach to Global Tactical Asset Allocation

BETHESDA, MD--(Marketwire - October 25, 2010) -  AdvisorShares Investments, LLC, an innovator of actively managed Exchange Traded Funds (ETFs), today announced that it will begin trading in the Cambria Global Tactical ETF (NYSE: GTAA) tomorrow, October 26th. GTAA is sub-advised by Cambria Investment Management, Inc., a Los Angeles, California-based investment manager.

Cambria will invest in underlying ETFs spanning all the major world asset classes including equities, bonds, real estate, commodities, and currencies. The Fund will utilize a quantitative approach with strict risk management controls to actively manage GTAA's portfolio in an attempt to control downside losses and protect capital. GTAA will do this by following a trend-based model utilizing multiple asset classes and will either be invested or will get defensive by going into cash for a particular asset class. The wide diversification coupled with prudent portfolio management may allow for the Fund to perform well across a full business cycle.

Noah Hamman, CEO and Founder of AdvisorShares, said, "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.' We are very excited to be able to offer this risk-managing strategy to investors in an actively managed ETF."

Mebane Faber, Chief Investment Officer of Cambria Investment Management, said, "We are very excited to launch GTAA as we believe that investors need to be more proactive in managing their risk. Investors will appreciate the fact that we make no effort to forecast future market trends or direction, but rather attempt to capture profits in these trends when and where they develop."

To request more information on AdvisorShares, please contact Noah Hamman at 202-684-6383 or nh@advisorshares.com.

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 utilize AdvisorShares ETFs to help them achieve their client's 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. Fund.com is the majority owner of AdvisorShares Investments, LLC. Visit our website at www.advisorshares.com to learn more about us. Follow the AdvisorShares Team on our Twitter page or 'Like' us on Facebook.

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 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 goal. An investment in the Fund is subject to risk, including the possible loss of principal amount invested. Other Fund risks include market risk, equity risk, ETN risk, closed end fund risk, asset allocation risk, early closing risk, underlying fund investment risk, short sales and leverage risk, liquidity risk, trading risk, and turnover 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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