FNDM Fund com Inc (CE)

AdvisorShares Investments, LLC, an investment adviser to actively managed Exchange Traded Funds (ETFs), announced today a partnership with Ranger Alternative Management, L.P. (Ranger Alternative Management), a Dallas based investment manager, to develop an actively managed ETF which implements a Short only All-Cap Domestic Equity investment strategy. The proposed ETF would join AdvisorShares' growing stable of innovative actively managed ETFs which includes the Dent Tactical ETF (NYSE: DENT) and the Mars Hill Global Relative Value ETF (NYSE: GRV).

"Ranger Alternative Management has an excellent track record using their proprietary forensic accounting approach to identify domestic equity stocks that are expected to underperform," said Noah Hamman, CEO and Founder of AdvisorShares. "We believe investment advisors are seeking the ability to hedge their long domestic equity exposure without worrying about compounding, derivatives or commodities."

Scott Canon, President of Ranger Capital Group (Ranger Alternative Management's parent company), said, "Current options to provide a true equity hedge for investment advisors are difficult to implement and maintain. Products currently available to investment advisors do not provide a true "buy and hold" option in applying a hedge to equity exposure. The opportunity to bring our team's expertise, process and skill set to the investment advisor community is very exciting for us.

"At Ranger, we maintain an institutional quality platform to support our various asset management groups and affiliates. We believe that Ranger Alternative Management is poised to help market participants manage assets with transparency and liquidity in these difficult and volatile times."

To request more information on AdvisorShares, please contact Noah Hamman at 202.684.6383 or nh@advisorshares.com.

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 an innovator 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 Ranger Alternative Management, L.P. Ranger Alternative Management, L.P., is an investment management firm that implements a bottom-up, fundamental, research driven security selection process combined with top-down macroeconomic and technical analysis used to manage exposure and risk. The portfolio management team seeks short sale candidates which typically exhibit low earnings quality, aggressive accounting, poor corporate governance practices and other warning signs which often indicate an attempt to bolster short-term earnings per share and/or mask deteriorating operating conditions. In addition to these issues, the portfolio manager seeks earnings driven events to act as a catalyst, such as downwards earnings revisions or reduced forward guidance. Visit their website at www.rangeralternatives.com.

About Ranger Capital Group Ranger Capital Group's (Ranger) affiliated investment advisors: Ranger Advisors, Ranger Investment Management, Ranger International Management LP, Ranger Alternative Management and Ranger Fund Management offer investors a variety of traditional and alternative investment management products. Ranger provides full back office and operations support for its investment managers including investor relations, accounting and administration, legal and compliance, human resources and information technology. The firm's operations and client service infrastructure enable Ranger investment managers to focus on important portfolio management decisions, security selection and risk management with minimal administrative interference. Visit their website at www.rangercap.com.

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.

Foreside Fund Services, LLC is the distributor of the AdvisorShares ETFs.

An investment in ETFs is subject to risk, including the possible loss of principal amount invested. The risks associated with each Fund include the risks associated with the underlying ETFs, which can result in higher volatility, and are detailed in each Fund's prospectus and on each Fund's webpage. Newly organized, actively managed Funds have no trading history and there can be no assurance that active trading markets will be developed or maintained. The Funds may not be suitable for all investors.

Contact: Noah Hamman AdvisorShares 202-684-6383 Email Contact