The funds will be asset allocation ETFs, with underlying ETFs that will be allocated as the manager sees fit–effectively active management of a suite of ETFs. The ETFs will be managed by AdvisorShares, a startup launched by Noah Hamman, a former executive at Rydex Investments.
The filing is for two ETFs, the Sector Allocation Fund and Country Allocation Fund. The funds will be managed by a subadvisor, though neither subadvisors nor fees are listed in the filing.
The filing is not the first public registration for an actively managed ETF.
Access this research
Enter your work email address to sign in or check whether your organisation already has access to Euromoney.
