AdvisorShares Set To Begin Trading The WCM / BNY Mellon Focused Growth ADR ETF (AADR) Tomorrow July 20th

Advisorshares is set to begin trading the WCM / BNY Mellon Focused Growth ADR ETF (AADR) tomorrow July 20th. The WCM / BNY Mellon Focused Growth ADR ETF will seek long-term capital appreciation above international benchmarks such as the BNY Mellon Classic ADR Index, the Fund’s primary benchmark, and the MSCI EAFE Index, the Fund’s secondary benchmark. This is an active ETF.

TOTAL ANNUAL FUND OPERATING EXPENSES AFTER REIMBURSEMENTS: 1.25%

PRINCIPAL INVESTMENT STRATEGIES

WCM Investment Management (“WCM”) seeks to achieve the Fund’s investment objective by selecting a portfolio of U.S. traded securities of non-U.S. organizations, most often American Depositary Receipts (ADRs), included in the BNY Mellon Classic ADR Index. (see page 8, About American Depositary Receipts, for a detailed explanation of ADRs). The Fund’s investment focus follows WCM’s core philosophy of investing in industry-leading non-U.S. organizations, led by visionary management teams with sound business strategies. WCM believes that these companies often dominate their industry and are likely to continue that domination well into the future. WCM establishes guidelines for sector and industry emphasis and develops the portfolio of the Fund. WCM analyzes the major trends in the global economy in order to identify those economic sectors and industries that are most likely to benefit. Typical themes incorporated in their investment process include demographics, global commerce, outsourcing, the growing global middle class and the proliferation of technology. A portfolio strategy is then implemented that will best capitalize on these investment themes and subsequent expected growth of the underlying assets.

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