AdvisorShares Files For Madrona Forward International (Active) ETF (FWDI)

Share This Article
December 1, 2010 5:36pm NYSE:FWDI

AdvisorShares filed paperwork with the SEC for a new “Madrona Forward International ETF.” The fund states the anticipated ticker symbol as (NYSE:FWDI). The Madrona Forward International ETF

 (the “Fund”) seeks to provide long-term capital appreciation above the capital appreciation of its international benchmarks, such as the MSCI EAFE Index, the Fund’s primary benchmark, and the MSCI Emerging Market Index, the Fund’s secondary benchmark.


Madrona Funds, LLC (“Madrona” or the “Sub-Advisor”) seeks to achieve the Fund’s investment objective by selecting a portfolio primarily composed of American Depository Receipts (“ADRs”) from among the largest issuers of Europe, Australasia and the Far East (“EAFE”) and Canada.  The Fund’s portfolio may also include U.S. traded securities of large-capitalization non-U.S. issuers that provide exposure to certain markets deemed to be emerging markets.  Securities are selected, weighted and sold based upon the Sub-Advisor’s proprietary investment process.  The Sub-Advisor’s investment committee meets on a bi-weekly basis to monitor the portfolio and make allocation decisions. The investment committee uses third party analyst research and a proprietary fundamental process to make allocation decisions.

For the full prospectus click: HERE

Read Next

Get Free Updates

Join over 50,000 investors who get the latest news from!

Most Popular

From Our Partners

Explore More from

Free Daily Newsletter

Get daily ETF insights from our market experts. Never miss another important market development again! respects your privacy.

Best ETFs

We've rated and ranked nearly 2,000 ETFs and ETNs using our proprietary SMART Grade system.

View Top Rated ETFs

Best Categories

We've ranked dozens of ETF categories based on relative performance.

Best ETF Categories