AdvisorShares Dent Tactical ETF (DENT) Trades Over 1 Million Shares
23 Settembre 2009 - 3:00PM
Marketwired
AdvisorShares Investments, LLC (www.advisorshares.com), an
innovative investment management firm designed to offer actively
managed ETFs, is excited to announce that its first product, the
Dent Tactical ETF (NYSE: DENT), has traded more than 1 million
shares in the first 4 days of its launch, making it the largest and
fastest growing actively managed ETF.
"We are very pleased about the early success of the Dent
Tactical ETF," said Noah Hamman, CEO and Founder of AdvisorShares.
"As a pioneer in providing innovative products and services, our
mission is to provide sophisticated advisors and investors with
access to some of the best of breed, independent money managers. We
look forward to continuing to develop a diversified selection of
investment strategies that enable true diversification."
DENT is the first actively managed ETF that only uses other ETFs
in its portfolio (ETF of ETFs). Sub-advised by economic research
and forecasting company HS Dent Investment Management, LLC, which
uses their proprietary demographic research to select the strongest
performing market sectors, providing a potentially long-term core
investing solution with diversification and transparency.
As recently reported by CNBC "Are Actively Managed ETFs Making a
Difference?," DENT has attracted surprisingly heavy volume for its
first days of trading at a time when very few actively managed ETFs
have come to market.
The investment objective of the DENT is to seek long-term growth
of capital by identifying, through proprietary economic and
demographic analysis, the overall trend of the U.S. and global
economies. DENT invests in ETFs across many asset classes,
including domestic and foreign equities, domestic or foreign fixed
income, cash or commodities. Portfolio Managers Harry S. Dent, Jr.
and Rodney Johnson determine how offensive or defensive the
portfolio will be, and then select ETFs based on a quantitative,
non-emotional relative strength model. Based on this technique,
DENT systematically selects the ostensibly strongest performing
sectors and specific ETFs within those sectors. The selection
process is monitored daily and a sell discipline is utilized to
assist with mitigating risk.
For press and media inquires, please contact Katrine
Winther-Olesen at 973.400.1341 or katrine@jcpublicrelations.com.
For questions on AdvisorShares products or services, please visit
the Fund's website at www.AdvisorShares.com or call 1-877-THE-ETF1
(1-877-843-3831).
About AdvisorShares
AdvisorShares ETFs strive to provide investors with true
diversification by offering a packaged approach to a variety of
asset classes, strategies and styles. AdvisorShares ETFs allow
individual investors the opportunity to participate in previously
institutional-only investment strategies representing several top
money managers, sophisticated trading strategies and previously
unavailable investment vehicles. Fund.com (OTCBB: FNDM) is the
majority owner of AdvisorShares Investments, LLC and is an online
content provider and offers one of the leading generation platforms
for the financial services community, including investment funds
and the savings and retirement markets. AdvisorShares aspires to be
a leader in actively managed ETFs and is dedicated to investor
education. Visit our website at www.advisorshares.com to learn more
about us.
About HS Dent
HS Dent is an independent economic research and forecasting
company that provides Financial Professionals and individuals with
the proprietary economic tools needed when attempting to forecast
what lies ahead in our economy based on The Dent Method -- the only
documented record in the U.S. of success at historically
forecasting long term economic trends.
The Dent Method, developed by company Founder and economic
expert Harry S. Dent, Jr. in the late 1980s, is a long term
economic forecasting technique based on the study of and changes in
demographic trends and their impact on our economy. It works by
showing how seemingly predictable consumer spending patterns
combined with demographic trends provides a tool which allows for
the forecasting of the economy years or even decades in
advance.
For two decades Financial Professionals and individuals have
trusted HS Dent's independent economic think tank and research team
to provide specialized and proprietary economic research, analysis
tools and forecasts. HS Dent makes its research available through
its Monthly Economic Forecasts and Special Reports, by attending
Demographics School, by joining the Financial Advisors Network, and
by participating in its Online Communities to share techniques and
ideas with some of the most successful advisors in the
industry.
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.
An investment in the Fund is subject to risk, including the
possible loss of principal amount invested. Other Fund risks
include asset allocation risk, trading risk, early closing risk,
turnover risk, and temporary defensive positions risk. The Fund is,
also, subject to the risks associated with the underlying ETFs that
comprise this "fund of funds". The underlying ETFs' risks, as
detailed in the prospectus, include small and large cap company
risk, real estate investment trusts (REITs) risk, interest rate
risk, credit risk, fixed income risk, foreign securities and
currency risks, emerging markets risk, derivative risk, and
commodity-linked derivative investment risk. Newly organized,
actively managed Funds have no trading history and there can be no
assurance that active trading markets will be developed or
maintained.
Foreside Fund Services, LLC, distributor
Contact: Katrine Winther-Olesen JCPR, Inc. 973.400.1341 Email
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