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ETF
As of October 28, 2016, AdvisorShares Trust - AdvisorShares EquityPro ETF has gone out of business. AdvisorShares Trust - AdvisorShares EquityPro ETF is an exchange traded fund of funds launched and managed by AdvisorShares Investments, LLC. It is co-managed by The Elements Financial Group, LLC. The fund invests in funds which invest in the public equity markets of countries across the globe. It seeks to invest in funds which invest in stocks of companies operating across diversified sectors. The fund primarily invests in funds which invest in the less-volatile stocks of companies across all market capitalizations. It employs fundamental analysis with top down stock picking approach focusing on factors such as the 200-day moving average of the S&P 500 Index, an inverted U.S. yield curve, current market environment, targeted exposures among equity sectors, historical performance of a specific sector, changes in sector volatility, and identification of a better opportunity to create its portfolio. The fund benchmarks the performance of its portfolio against the MSCI World Index and the S&P 500 Index. It employs proprietary research to create its portfolio. The fund was formerly known as AdvisorShares Trust - AdvisorShares Global Alpha & Beta ETF. AdvisorShares Trust - AdvisorShares EquityPro ETF was formed on July 10, 2012 and is domiciled in the United States.
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