BETHESDA, Md., Jan. 28, 2021 /PRNewswire/ -- AdvisorShares,
a leading sponsor of actively managed exchange-traded funds (ETFs),
today announced that AdvisorShares Pure US Cannabis ETF (Ticker:
MSOS) and AdvisorShares Dorsey Wright FSM All Cap World
Equity ETF (Ticker: DWAW) are now available on the Strategic Asset
Management (SAM) and Strategic Wealth Management (SWM) platforms at
LPL Financial LLC, a leading retail investment advisory firm,
registered investment advisor (RIA) custodian and independent
broker-dealer.
The actively managed MSOS is the first U.S.-listed active ETF to
deliver exposure dedicated solely to American cannabis companies,
including multi-state operators (MSOs). DWAW adheres to
Nasdaq Dorsey Wright's core philosophy of relative strength
investing and tactically allocates its portfolio based on
Dorsey Wright's FSM Core Solution
All Cap World Strategy model.
MSOS and DWAW join the following AdvisorShares ETFs available on
the SAM and SWM platforms at LPL Financial:
Equity
Concentrated
- AdvisorShares Dorsey Wright ADR ETF (Ticker: AADR)
- AdvisorShares Focused Equity ETF (Ticker: CWS)
- AdvisorShares DoubleLine Value Equity ETF (Ticker: DBLV)
Thematic (Global)
- AdvisorShares Vice ETF (Ticker: VICE)
- AdvisorShares Pure Cannabis ETF (Ticker: YOLO)
Alternative
- AdvisorShares Ranger Equity Bear ETF (Ticker: HDGE)
Fixed Income
Diversified
- AdvisorShares Newfleet Multi-Sector Income ETF (Ticker:
MINC)
Ultra-Short Duration
- AdvisorShares Sage Core Reserves ETF (Ticker: HOLD)
Multi-Asset
Total Return
- AdvisorShares STAR Global Buy-Write ETF (Ticker: VEGA)
About LPL Financial
LPL Financial is a leader in the retail financial advice market,
the nation's largest independent broker-dealer** and a leading
custodian (or provider of custodial services) to RIAs. LPL serves
independent financial advisors, professionals and financial
institutions, providing them with the technology, research,
clearing and compliance services, and practice management programs
they need to create and grow thriving practices. LPL enables them
to provide objective guidance to millions of American families
seeking wealth management, retirement planning, financial planning
and asset management solutions.
**Based on total revenues, Financial Planning magazine June
1996-2020.
Securities and advisory services offered through LPL Financial
LLC, an SEC- registered broker-dealer and investment advisor.
Member FINRA/SIPC.
About AdvisorShares
AdvisorShares is a leading provider of actively managed ETFs.
For financial professionals and investors requesting more
information, call 1-877-843-3831 or visit www.advisorshares.com.
Follow @AdvisorShares on Twitter and Facebook for more
insights.
Before investing you should carefully consider the Fund's
investment objectives, risks, charges and expenses. This and other
information are in the prospectus, a copy of which may be obtained
by visiting the Fund's website at www.advisorshares.com.
Please read the prospectus and summary prospectus carefully before
you invest.
Foreside Fund Services, LLC, distributor.
An investment in the Funds is subject to risk, including the
possible loss of principal amount invested. ADRs are subject to the
risk of change in political or economic conditions and exchange
rates in foreign countries. Certain funds may participate in
leveraged transactions to include selling securities short which
creates the risk of magnified capital losses. Under certain market
conditions, short sales can increase the volatility and decrease
the liquidity of certain securities or positions, and may lower the
Fund's return or result in a loss. There is no guarantee that the
individual Funds' will achieve the stated investment objectives.
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.
Cannabis-Related Company Risk. Cannabis-related companies are
subject to various laws and regulations that may differ at the
state/local and federal level. These laws and regulations may (i)
significantly affect a cannabis-related company's ability to secure
financing, (ii) impact the market for marijuana industry sales and
services, and (iii) set limitations on marijuana use, production,
transportation, and storage. Cannabis-related companies may also be
required to secure permits and authorizations from government
agencies to cultivate or research marijuana. In addition,
cannabis-related companies are subject to the risks associated with
the greater agricultural industry, including changes to or trends
that affect commodity prices, labor costs, weather conditions, and
laws and regulations related to environmental protection, health
and safety. Cannabis-related companies may also be subject to risks
associated with the biotechnology and pharmaceutical industries.
These risks include increased government regulation, the use and
enforcement of intellectual property rights and patents,
technological change and obsolescence, product liability lawsuits,
and the risk that research and development may not necessarily lead
to commercially successful products.
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SOURCE AdvisorShares