AdvisorShares Press Release, AdvisorShares Announces December 2013 Distributions
The AdvisorShares EquityPro ETF (NYSE Arca: EPRO) is a broadly diversified global equity ETF that seeks long-term capital growth. EPRO is managed by The Elements Financial Group, LLC (“Portfolio Manager”). The Portfolio Manager seeks to achieve EPRO’s investment objective by utilizing a “top-down” investment approach towards investing in global equity markets. The Portfolio Manager employs tactical asset allocation and sector allocation strategies among global equities, as well as risk management techniques that have the potential to lower portfolio risk under certain scenarios.
|NAV||Market Price Return||S&P 500 Index|
|NAV||Market Price Return||S&P 500 Index|
Performance data quoted represents past performance and is no guarantee of future results. Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than original cost. Returns less than one year are not annualized.
The performance for periods before 12/01/13 is for the AdvisorShares Global Alpha & Beta ETF (the "Predecessor Fund") which was renamed the AdvisorShares EquityPro ETF on 12/01/13. The Predecessor Fund had different portfolio managers and investment strategy than the EquityPro ETF. Performance prior to 12/01/13 reflects the Fund's performance prior to the change in manager and investment strategy and may not be indicative of the Fund's performance under the new manager and revised investment strategy. Performance since 12/01/13 reflects actual EquityPro ETF performance.
The S&P 500 Index is a broad-based, unmanaged measurement of changes in stock market conditions based on the average of 500 widely held common stocks. One cannot invest directly in an index.
|Ex-Date||Record Date||Pay Date||Cash Div||ST Cap Gain||LT Cap Gain||Return of Capital||Total Distribution|
Josh Emanuel, CFA, Chief Investment Officer
Mr. Emanuel joined The Elements Financial Group in 2010. Prior to 2010, he was with Wilshire Associates, Inc. (Wilshire), where he worked from 2004 – 2010. While at Wilshire, he most recently served as Head of Strategy and co-Chairman of the Wilshire Funds Management Investment Committee. Mr. Emanuel previously served as Head of Manager Research for Wilshire Funds Management, and was formerly responsible for International Equity Manager Research at Jeffrey Slocum & Associates. He holds a BA in Finance from the University of Pittsburgh, College of Business Administration, is a member of the CFA Society of Los Angeles, Inc., and has earned the Chartered Financial Analyst (CFA) designation.
Joseph Lu, CFA, Research Analyst
Mr. Lu joined The Elements Financial Group in 2013. Prior to 2013, he was a Project Manager at Ares Management, and an Analyst at Kayne Anderson Rudnick, where he conducted third-party manager due diligence and constructed asset allocation models for private wealth clients. Before Kayne Anderson Rudnick, Mr. Lu was a Senior Analyst at Wilshire Funds Management. Mr. Lu earned a B.S. in Information and Computer Science from the University of California, Irvine is a member of the CFA Society of Los Angeles, Inc., and has earned the Chartered Financial Analyst (CFA) designation.
|4PM Bid/Offer Midpoint||$30.90||Premium/Discount|
|Assets Under Management||$18,541,177.00|
|Premium/Discount Historical Data|
|IXJ||ISHARES GLOBAL HEALTHCARE ET||13.47%|
|KXI||ISHARES GLOBAL CONSUMER STAP||13.34%|
|IXC||ISHARES GLOBAL ENERGY ETF||9.35%|
Shares are bought and sold at market price (closing price) not NAV and are not individually redeemed from the Fund. Market price returns are based on the midpoint of the bid/ask spread at 4:00 pm Eastern Time (when NAV is normally determined), and do not represent the return you would receive if you traded at other times. Holdings and allocations are subject to risks and to change. A holding identified with an "MM" at the end of its name indicates it is a Money Market fund.
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