AdvisorShares Announces the Closing of Fund

Jul 28, 2015, 16:30 ET from AdvisorShares

BETHESDA, Md., July 28, 2015 /PRNewswire/ -- AdvisorShares, a leading sponsor of actively managed exchange-traded funds (ETFs), announced today that the AdvisorShares Accuvest Global Long Short ETF (NYSE Arca: AGLS) will close. The AdvisorShares Board of Trustees approved the closing and subsequent liquidation of AGLS, and following the fund's last day of trading on August 7, 2015, AGLS will cease operations, withdraw its assets, and distribute the remaining proceeds to shareholders on or after August 14, 2015.

For media inquiries requesting more information on AdvisorShares, please contact Ryan Graham at 202-684-6442 or rg@advisorshares.com. For financial professionals and investors requesting more information, please visit www.advisorshares.com or call the AdvisorShares Investment Consultant Team at 1-877-THE-ETF1 (1-877-843-3831).

About AdvisorShares

A leading provider in the actively managed ETF marketplace, AdvisorShares offers 23 active ETFs with approximately $1.3 billion of assets under management (as of July 24, 2015). Visit www.advisorshares.com to register for free weekly economic commentary. For educational insight into the active ETF marketplace, visit www.alphabaskets.com, follow @AdvisorShares on Twitter and 'Like' us on Facebook.

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.

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. The Funds may not be suitable for all investors.

Press Contact: Ryan Graham
AdvisorShares
202-684-6442 
rg@advisorshares.com

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SOURCE AdvisorShares



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