Community Capital Invests $4 Million in Sustainable and Impact Initiatives on Behalf of AdvisorShares Global Echo ETF (NYSE Arca: GIVE)

FT. LAUDERDALE, Fla., Nov. 19, 2012 /PRNewswire/ -- Community Capital Management, Inc. (CCM), a leading fixed income impact investing manager, announced today that it has invested over $4 million in sustainable and impact initiatives on behalf of the AdvisorShares Global Echo ETF (NYSE Arca: GIVE).  CCM is one of four sub-advisors for GIVE and is the only fixed income manager.  GIVE was launched earlier this year and opened for trading on May 24, 2012.  It is a broadly diversified multi-manager ETF with a focus on sustainable investment themes that seeks to achieve long-term capital appreciation with an emphasis on absolute (positive) returns and low sensitivity to a blend of traditional financial market indices such as the S&P 500 Index, over a full market cycle.

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One investment CCM purchased on behalf of GIVE helped finance The Village at Odenton Station, a 400,000 square foot, transit-oriented and sustainable residential/retail development in Odenton, Maryland.  The Village is comprised of 235 apartments and 60,000 square feet of commercial retail space and is located across the street from the Odenton MARC train station.  It is pedestrian friendly and includes hiker-biker trails.

Another investment CCM purchased on behalf of GIVE helped finance Hidden Creek Apartments, a Low Income Housing Tax Credit property, in Crescent City, California. Hidden Creek incorporates sustainable building methods, including water-saving fixtures, no-VOC (Volatile Organic Compound) interior paint, CRI (Carpet and Rug Institute) Green Label, and low-VOC carpet.  CRI launched its Green Label in 1992 to test carpet, cushions and adhesives to help specifiers identify products with very low emissions of VOCs.  The property is located close to mass transit, a public library, full-scale grocery store, and public schools. It also offers after-school programs and education classes, such as ESL (English as a Second Language) and computer training.

"Investments like these, along with the Global Echo Foundation's philanthropic arm, help make a meaningful, sustainable impact and that is exactly why GIVE was launched," said Noah Hamman, CEO of AdvisorShares. "We are excited that the fixed income portion of GIVE is helping to finance projects that are impacting the earth in a significant way."

"Since CCM's inception in 1998, we have sought competitive rates of return while making a direct positive community impact," said Barbara VanScoy, senior portfolio manager at Community Capital Management. "We are thrilled that the field of impact investing is expanding with new products like GIVE and that we can be a part of it."

To date, the monies CCM has invested in sustainable and community initiatives on behalf of GIVE has generated the following powerful results: $1.9 million in job creation and small business development; $1.1 million in multifamily housing with sustainable, education and community components; $140,000 in affordable healthcare facilities; $150,000 in economic development, environmentally sustainable initiatives and neighborhood revitalization activities; and $860,000 in home mortgages for low- and moderate-income borrowers.

About Community Capital Management, Inc.
Community Capital Management, Inc. is a Fort Lauderdale-based SEC-registered investment adviser that manages fixed income, impact investing portfolios.  The firm was founded in 1998 and its primary goal is to provide above-average, risk-adjusted returns while providing added diversification and simultaneously having a positive impact on the community and the environment.  Community Capital Management manages over $1.5 billion in fixed income assets and offers institutional investors its investment strategy via a separate account or a mutual fund.  For more information, please visit www.ccmfixedincome.com.

Community Capital Management, Inc. is a Florida-based investment adviser registered with the Securities and Exchange Commission under the Investment Advisers Act of 1940. Investing involves risk, including possible loss of principal. Bonds are subject to interest rate risk and will decline in value as interest rates rise.  Past performance does not guarantee future results. The securities identified and described herein are current holdings and are for illustrative purposes only.  Their selection was based upon non-performance criteria, such as the security's social and/or environmental attributes.

About AdvisorShares
AdvisorShares is one of the leading providers of actively managed exchange-traded funds (ETFs). AdvisorShares offers 16 active ETFs with approximately $700 million of assets under management.  AdvisorShares provides educational support to help investors understand ETFs, and the underlying investment strategy for each of the AdvisorShares ETFs.

For media inquiries requesting more information on AdvisorShares, please contact Ryan Graham at 202-684-6442 or [email protected].  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).

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.

There is no guarantee that the Fund will achieve its investment objective. An investment in the Fund is subject to risk, including the possible loss of principal amount invested. Fixed income investments are subject to the risk of default. Emerging markets are subject to the risk of social, economic, regulatory, and political uncertainties and can be extremely volatile. The risk of short sales can be unlimited since a short position loses value as the security's price increases. Short sales involve leverage which may magnify gains or losses for the Fund. See the prospectus for a detailed description of risks.

SOURCE Community Capital Management, Inc.