AdvisorShares Announces New Investment Options and Partnerships

AdvisorShares has been expanding its offerings to cater to a wider range of investors.

The firm has announced new investment options, including the launch of several new ETFs and other investment products.

These new offerings are designed to provide investors with more choices and flexibility in their investment portfolios.

AdvisorShares is also partnering with other financial institutions to bring these new options to market.

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The AdvisorShares Pure US Cannabis ETF is a great way to invest in the cannabis industry.

Chris Christie thinks cannabis stocks could stage a comeback in Trump's new term, according to a recent story.

The ETF invests in stocks of companies operating in the marijuana and hemp industries, including Canopy Growth and ETFMG Alternative Harvest ETF.

The DEA is considering moving cannabis to Schedule 3, which could be a game-changer for the industry.

Senator Schumer is pushing for the Marijuana Banking Bill to be passed, which could provide more stability for cannabis companies.

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Here are some key cannabis-related developments:

AdvisorShares offers a range of ETFs catering to diverse investment needs.

The AdvisorShares ETF list includes funds like the AdvisorShares Focused Equity ETF (CWS), which has a total return of 3.55% YTD and ranks 6th in its category.

The company also provides alternative investments, such as the AdvisorShares Dorsey Wright ADR ETF (AADR), which has a total return of 8.39% YTD and ranks 8th in its category.

AdvisorShares' offerings include a mix of domestic and international funds, like the AdvisorShares DW FSM US Core ETF (DWUS), which has a total return of 3.62% YTD and ranks 15th in its category.

Here are some key statistics for AdvisorShares' ETFs:

The company's funds cater to various risk appetites and investment goals, such as the AdvisorShares Insider Advantage ETF (SURE), which has a total return of -0.51% YTD and ranks 51st in its category.

AdvisorShares has launched a new ETF, the Pure US Cannabis ETF (MSOS), which tracks the performance of the North American MOC Cannabis Index.

This ETF provides a unique opportunity for investors to gain exposure to the cannabis industry.

The Pure US Cannabis ETF has a total expense ratio of 0.59%.

Investors can buy and sell shares of MSOS through various online brokerages.

The ETF has a market capitalization of over $1 billion.

AdvisorShares has also expanded its offerings with the launch of the Pure US Cannabis ETF, providing investors with a diversified portfolio of cannabis-related stocks.

Investors can use MSOS as a way to gain exposure to the US cannabis market.

The ETF is designed to track the performance of the North American MOC Cannabis Index, which is comprised of 25 US-listed cannabis-related stocks.

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The Applicants behind AdvisorShares are seeking relief to establish and operate a series of ActiveShares ETFs, which will be registered as open-end management investment companies under the Act.

The Trust, a statutory trust established in Delaware, will be the vehicle for these Funds, which will operate as ActiveShares ETFs as described in the Reference Order.

The Initial Adviser, a Delaware limited liability company, will serve as the investment adviser to the Initial Funds, and will be registered as an investment adviser under the Investment Advisers Act of 1940.

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The Application for Exemptive Relief is a crucial step in the process of establishing an ActiveShares ETF. This is where the applicants, including the Trust and the Adviser, request relief from certain rules and regulations to operate their funds.

The applicants, which include the Trust, the Adviser, and the Distributor, are seeking relief from the SEC to operate their ActiveShares ETFs. This includes two initial funds, the Initial Funds, which will be the first to operate under this new structure.

The Adviser, a Delaware limited liability company, will be responsible for managing the investment of the Initial Funds. The Adviser is registered as an investment adviser under the Investment Advisers Act of 1940, and will comply with all applicable laws and regulations.

The Distributor, also a Delaware limited liability company, will act as the principal underwriter of Shares of the Funds. This means they will be responsible for selling the shares to investors and will comply with the terms and conditions of the Order.

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Here's a breakdown of the key players involved in the Application for Exemptive Relief:

The Application for Exemptive Relief was initially challenged by Arrow Funds, who claimed that the Adviser, Hamman, had deliberately thwarted and delayed the selection of the Arbitration tribunal members. However, this request was denied by the SEC on July 20, 2009.

The Peritus High Yield ETF was launched on December 1, 2010, as the first actively managed high yield bond ETF. It was sub-advised by Peritus Asset Management.

Tim Gramatovich was the Chief Investment Officer of Peritus and managed the fund with Ron Heller, a tight end. By May 2014, the ETF had over $1 billion in assets under management.

In 2017, the AdvisorShares Board of Trustees approved a transition of HYLD from the AdvisorShares Trust to the Amplify ETF Trust. This transition was expected to become effective in the second quarter of 2018.

On June 22, 2018, HYLD was transferred to the ETC ELF Trust.

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AdvisorShares has partnered with Philippe Cousteau Jr. to launch the Global Echo ETF, which focuses on sustainable investing. The fund donates a portion of its expense fees to the Global Echo Foundation, a nonprofit co-founded by Cousteau.

The Global Echo ETF has an expense ratio of 1.7%, with 0.4% going directly to the Global Echo Foundation. This means investors don't get a tax write-off for the donated portion of the management fee.

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