|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 07/28/14 is for the AdvisorShares Cambria Global Tactical ETF (the "Predecessor Fund") which was renamed the AdvisorShares Morgan Creek Global Tactical ETF on 07/28/14. The Predecessor Fund had different portfolio managers and investment strategy than the AdvisorShares Morgan Creek Global Tactical ETF. Performance prior to 07/28/14 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 07/28/14 reflects actual AdvisorShares Morgan Creek Global Tactical 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|
GTAA may serve as a source of tactical diversification as an actively managed, multi-asset fund but its new portfolio managers will be forward looking based on macro themes driven by demographics and large capital flows all sourced from a huge network of industry relationships as well as powerful in-house research.
GTAA’s tactical strategy can compliment core equity and fixed income holdings for its ability to allocate more aggressively when conditions dictate and then to allocate more defensively when risk factors escalate.
Mark Yusko, Chief Executive Officer and Chief Investment Officer
Mr. Yusko is the Chief Executive Officer and Chief Investment Officer of Morgan Creek Capital Management. Prior to forming Morgan Creek, Mr. Yusko was President, Chief Investment Officer and Founder of UNC Management Company, the Endowment investment office for the University of North Carolina at Chapel Hill, from 1998 to 2004. Throughout his tenure, he directly oversaw strategic and tactical asset allocation recommendations to the Investment Fund Board, investment manager selection, manager performance evaluation, spending policy management and performance reporting. Until 1998, Mr. Yusko was the Senior Investment Director for the University of Notre Dame Investment Office where he joined as the Assistant Investment Officer in October of 1993. He worked with the Chief Investment Officer in all aspects of Endowment Management. Mr. Yusko received his Bachelor of Science Degree, with Honors, in Biology and Chemistry from the University of Notre Dame and a Master of Business Administration in Accounting and Finance from the University of Chicago.
|4PM Bid/Offer Midpoint||$23.98||Premium/Discount||$-0.01|
|Assets Under Management||$7,198,024.13|
|Premium/Discount Historical Data|
|---||GOLDMAN FINL SQ TRSRY INST 506||54.42%|
|XLK||TECHNOLOGY SELECT SECTOR SPDR FUND||7.37%|
|TQQQ||PROSHARES ULTRAPRO QQQ||6.53%|
|SPXL||DIREXION DAILY S&P 500 BULL||6.04%|
|DXJ||WISDOMTREE JAPAN HEDGED EQ||4.85%|
|TMF||DIREXION DLY 20+Y T BULL 3X||4.10%|
|VNQI||VANGUARD GLBL EX-US REAL EST||3.96%|
|CAF||MORGAN STANLEY CHINA A SHARE||2.83%|
|GLD||SPDR GOLD SHARES||2.76%|
|REZ||ISHARES RESIDENTIAL REAL EST||2.47%|
|UUP||POWERSHARES DB US DOL IND BU||2.36%|
|EUO||PROSHARES ULTRASHORT EURO||2.04%|
|EPI||WISDOMTREE INDIA EARNINGS||0.58%|
|SKF||PROSHARES ULTSHRT FINANCIALS||0.42%|
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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