AdvisorShares Announces Partnership With Cambria Investment Management to Develop a Global Tactical Asset Allocation ETF
23 Giugno 2010 - 7:30PM
Marketwired
AdvisorShares Investments, LLC, a developer of and investment
adviser to actively managed Exchange Traded Funds, announced today
a partnership with Cambria Investment Management, Inc., a Los
Angeles based investment manager, to create a GTAA strategy in an
actively managed ETF. The proposed ETF would join AdvisorShares'
growing stable of innovative actively managed ETFs which includes
the Dent Tactical ETF (NYSE: DENT).
"Cambria has an excellent track record using their proprietary
quantitative approach to investing," said Noah Hamman, CEO and
Founder of AdvisorShares. "Cambria has done an outstanding job
developing research and education related to a GTAA strategy via
their popular white paper, 'A Quantitative Approach to Tactical
Asset Allocation,' and their recent book, 'The Ivy Portfolio.'"
Mebane Faber, Chief Investment Officer of Cambria Investment
Management said, "Buying and holding a diversified portfolio did
little to protect countless investors from the global market
meltdown in 2008 and 2009. In these volatile markets investors need
to be more proactive in managing their risk."
Eric Richardson, Chairman and CEO of Cambria Investment
Management, said, "At Cambria, our mission for our separately
managed accounts and private funds has been to grow capital by
seeking to produce long term absolute returns with reduced
volatility and manageable risk and drawdowns."
To request more information on AdvisorShares, please contact
Noah Hamman at 202.684.6383 or nh@advisorshares.com. Look for us at
the Morningstar Investment Conference (Booth #153) in Chicago, June
23rd-25th.
About AdvisorShares AdvisorShares is a
turnkey platform for investment managers seeking to offer their
investment strategy in an actively managed ETF. AdvisorShares works
with some best-of-breed money managers to combine their money
management expertise with the benefits the ETF structure provides.
AdvisorShares provides sales, marketing and educational support to
help financial advisors use AdvisorShares ETFs to help them achieve
their clients' investment goals and objectives. AdvisorShares is a
leader in actively managed ETFs and is dedicated to investor
education. Fund.com (OTCBB: FNDM) is the majority owner of
AdvisorShares Investments, LLC. Visit our website at
http://www.advisorshares.com to learn more about us.
About Cambria Investment Management, Inc.
Cambria Investment Management, Inc. is an investment management
firm employing a disciplined multi-asset, global quantitative
research process. Cambria provides investment management services
through a number of portfolio strategies to high net worth
individuals and institutions through separately managed accounts
and private funds. Cambria believes that any single style or
approach that relies on subjective methods can be inconsistent over
time, may bias the investment process, and potentially hinder
performance. Global diversification through asset allocation,
coupled with prudent risk management, is the foundation of
Cambria's investment philosophy. Visit their website at
www.cambriainvestments.com.
Before investing you should carefully consider
the Dent Tactical ETF's investment objectives, risks, charges and
expenses. This and other information is in the Dent Tactical ETF
prospectus, a copy of which may be obtained by visiting www.AdvisorShares.com. Please
read the prospectus carefully before you invest.
Foreside Fund Services, LLC is the distributor of the
AdvisorShares ETFs. An investment in the Dent Tactical ETF 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 which can increase Fund expenses and may decrease
Fund performance. 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.
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Contact: Noah Hamman AdvisorShares 202-684-6383 Email
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