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AdvisorShares, AGA To Launch Global ETF
AdvisorShares Trust has filed paperwork to develop an actively managed ETF.
AdvisorSharesTrust has filed paperwork to develop an actively managed ETF, Index Universe reports. The Accuvest Global Opportunities ETF will be launched in partnership with California-based Accuvest Global Advisors.
The fund will utilize a proprietary global country rotation strategy. AdvisorShares is the advisor to the new fund, while Accuvest is its subadvisor. The ETF will comprise a broadly diversified portfolio of country and regional ETFs, designed not only to mitigate single-stock risk, but also to tap into long-term returns linked to country-specific effects.
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