BETHESDA, Md., Sept. 21, 2011 /PRNewswire/ -- AdvisorShares Investments, LLC, a sponsor of actively managed Exchange Traded Funds (ETFs), today announced a partnership with Roger Nusbaum and his colleagues at Your Source Financial, a Phoenix, Arizona investment management firm, to develop an actively-managed ETF. The proposed ETF will take a top down perspective, focusing on global asset allocation and individual security selection utilizing both long and short market exposure.
Chief Investment Officer Roger Nusbaum is a leading expert in ETF analysis and market commentary through his blog at http://randomroger.blogspot.com. Roger will work with AdvisorShares to develop a similar strategy as the one he often writes about and offers to his clients. "What's important to us when constructing portfolios is assessing whether the environment for stocks is positive or negative, assessing big, important themes that could move markets, and assessing where we are in the current stock market and economic cycles. We then take all of these current events, combined with a study of similar periods in market history, to build a forward-looking analysis of what we expect to happen in the market."
Noah Hamman, CEO and Founder of AdvisorShares said, "Many investors know noted market expert Roger Nusbaum for his Random Roger stock market blog and his frequent contribution to media outlets such as CNBC, but more importantly through his analysis of ETFs, and for the transparency he provides to reading of how he manages assets. We look forward to working with Roger and his team in creating a unique ETF solution for investors that provides both broad and targeted investments through his use of individual equities, ADRs, bonds, and ETFs."
AdvisorShares is one of the leading providers of actively managed ETFs. As of 09/1/2011 AdvisorShares offers 10 active ETFs with over $370,000,000 of assets under management. AdvisorShares is pleased to offer actively managed ETFs, including the
Core Tactical Strategies
Dent Tactical ETF (NYSE: DENT)
Cambria Global Tactical ETF (NYSE: GTAA)
Meidell Tactical Advantage ETF (NYSE: MATH)
Core Long/Short Strategies
Mars Hill Global Relative Value ETF (NYSE: GRV)
Core Short Strategies
Active Bear ETF (NYSE: HDGE)
Core Domestic Strategies
Madrona Domestic ETF (NYSE: FWDD)
Core International Strategies
WCM/BNY Mellon Focused Growth ADR ETF (NYSE: AADR)
Madrona International ETF (NYSE: FWDI)
Peritus High Yield ETF (NYSE: HYLD)
Madrona Global Bond ETF (NYSE: FWDB)
AdvisorShares provides educational support to help investors understand ETFs, and the underlying investment strategy for each of the AdvisorShares ETFs. AdvisorShares continues to seek qualified sub-advisor investment partners to offer compelling investment strategies in an active ETF structure. Visit our website at www.advisorshares.com to learn more about us. Follow the AdvisorShares Team on Twitter or 'Like' us on Facebook.
About Your Source
Your Source, LLC, of Phoenix, Arizona, manages approximately $150 million in assets primarily for individuals along with select institutional investors, retirement plans and financial intermediaries. www.ysfi.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.
An investment in ETFs is subject to risk, including the possible loss of principal amount invested. The risks associated with each Fund include the risks associated with the underlying ETFs, which can result in higher volatility, and are detailed in each Fund's prospectus and on each Fund's webpage. Newly organized, actively managed Funds have no trading history and there can be no assurance that active trading markets will be developed or maintained. The Funds may not be suitable for all investors.
An ADR (American Depositary Receipt) is a negotiable certificate issued by a U.S. bank representing a specified number of shares (or one share) in a foreign stock that is traded on a U.S. exchange.
SOURCE AdvisorShares Investments, LLC