AdvisorShares Files For ADVISORSHARES Tactical ETF (NYSE:MATH)
AdvisorShares has Filed paperwork with the SEC for a “AdvisorShares Tactical ETF.” This new fund is expected to trade on the NYSE under the symbol (NYSE:MATH). There were no fund operating expenses detailed in the initial filing. The AdvisorShares Tactical ETF, a fund of funds, will seek to provide long-term capital appreciation with a secondary emphasis on capital preservation.
PRINCIPAL INVESTMENT STRATEGIES
The Fund is considered a “fund-of-funds” that seeks to achieve its investment objective by primarily investing in other exchange-traded funds (the “Underlying ETFs”) that offer diversified exposure to global regions, countries, styles (market capitalization, value, growth, etc.) or sectors, and other exchange-traded products (“ETPs”), including but not limited to exchange-traded notes (“ETNs”), exchange-traded currency trusts and closed-end funds. The Fund primarily invests in U.S.-listed domestic and foreign equity, fixed income, and commodity ETFs and ETPs.
[______________], (the “Sub-Advisor”) seeks to achieve the Fund’s investment objective by managing a tactical strategy that has the ability to dynamically rebalance the Fund’s portfolio from as much as 100% equity assets to 100% fixed income assets or cash and cash equivalents depending on market trends. This is a long-only tactical strategy that seeks to minimize portfolio losses by rotating out of higher volatility assets and into lower volatility assets when the Sub-Advisor believes there are significant risks in the equity markets. Risk management is an integral part of the Sub-Advisor’s investment strategy. The Fund will not invest in leveraged or inverse exchange-traded funds.
The Sub-Advisor uses a quantitative tactical methodology to identify the Underlying ETFs and ETPs believed to be participating in long-term “durable trends” within the market. This model enables the Sub-Advisor to evaluate, rank and select the appropriate mix of investments in Underlying ETFs and ETPs given market conditions.
For the complete filing click: HERE
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