Fund.com ETF Affiliate, AdvisorShares, Announces Strategic Relationship and ETF Plans With HS Dent
18 Marzo 2009 - 8:00AM
Marketwired
Fund.com Inc. (OTCBB: FNDM), an online financial content provider,
announced today that ETF-Developer, AdvisorShares Investments, has
finalized and entered into agreements for a strategic relationship
with the HS Dent organization and its founder, Harry S. Dent Jr.
Working together, AdvisorShares and HS Dent will provide a
packaged investment strategy through AdvisorShares' ETF platform
utilizing HS Dent's proprietary demographic research and relative
strength. "True diversification means not just diversifying asset
classes, but also diversifying investment strategies," said Noah
Hamman, CEO and founder of AdvisorShares.
Dent says, "As we discuss in our recent book, 'The Great
Depression Ahead,' we believe the path to growth is through
innovation in the marketplace. AdvisorShares serves as a great
example of this type of innovation."
HS Dent is an economic research and forecasting company
providing Financial Professionals and individuals with the
proprietary economic tools needed to accurately forecast the
economy based on The Dent Method, a long term economic forecasting
technique based on the study of and changes in demographic trends
and their impact on our economy. The Dent Method has been in use by
financial professional for over 20 years.
Fund.com owns a majority of AdvisorShares Investments, LLC.
About Fund.com
Fund.com is an online content provider for the investment fund,
savings and retirement markets. Our objective is to engage
individual investors and to match their needs with interested fund
product providers. The Fund.com website experience is intended to
be approachable by everyday investors and to serve as an
educational and research resource. Through AdvisorShares, Fund.com
has also made a strategic investment in the exchange traded Fund
(ETF) sector, a sector Fund.com believes represents considerable
growth and investor value.
About AdvisorShares
AdvisorShares is an innovative investment management firm
designed to offer actively managed ETFs. Exchange Traded Funds are
one of the fastest growing investment products due to their
operational and tax efficient structure, and easy of accessibility.
AdvisorShares intends to offer a variety of investment products
designed to help investors reach their financial goals. The Company
seeks out top investment management firms interested in
sub-advisory and product development opportunities, as well as
qualified emerging money managers.
Safe Harbor Statement
This news release contains various forward-looking statements
which consist of any statement other than a recitation of
historical fact and can be identified by the use of forward-looking
terminology such as "may," "expect," "anticipate," "estimate,"
"plan," "continue" or the negative thereof or other variations
thereon or comparable terminology. The reader is cautioned that all
forward-looking statements are speculative, and there are certain
risks and uncertainties that could cause actual events or results
to differ from those referred to in such forward-looking
statements.
We caution that these statements are further qualified by
important factors that could cause actual results to differ
materially from those contained in the forward-looking statements,
that these forward-looking statements are necessarily speculative,
and there are certain risks and uncertainties that could cause
actual events or results to differ materially from those referred
to in such forward-looking statements. These risks and
uncertainties include those set forth from time to time in our
filings with the Securities and Exchange Commission. We are under
no obligation, and do not undertake any duty, to update these
forward-looking statements at any time.
Contact: Fund.com Inc. Public Relations (212) 618-1633 Email
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