AdvisorShares HVAC and Industrials ETF (HVAC)

Overview

The fund is designed as an actively managed Exchange-Traded Fund (ETF) with the primary aim of achieving its investment objectives through the investment in U.S. based equity securities. This includes both common stocks and American Depository Receipts (ADRs) which represent shares of foreign publicly listed companies. One important characteristic of this fund is that it is classified as non-diversified, which means that it does not have a preset limit on the proportion of assets that can be invested in individual securities. This strategy may potentially allow the fund to concentrate its investments in fewer companies and sectors, aiming for enhanced returns.

Products and Services

• Actively Managed ETF

  The core offering of the fund, this actively managed ETF allows for dynamic investment strategies aimed at capitalizing on market opportunities. Through continuous research and analysis, the fund seeks to make timely investment decisions that align with its overall objectives.

• U.S. Exchange Traded Equity Securities

  The fund invests in a variety of U.S. equity securities which include common stock representing ownership in companies. This investment approach enables the fund to tap into the growth potential of established and emerging firms across various industries.

• American Depository Receipts (ADRs)

  The fund includes ADRs, which are innovative financial instruments that allow investors in the U.S. to invest in foreign companies. This service broadens the investment scope beyond domestic markets, providing exposure to international growth industries through local stock exchanges.

• Non-Diversified Investment Strategy

  The fund's non-diversified status allows it to concentrate investments in selected sectors or companies, as opposed to spreading investments widely. This concentrated approach may lead to higher returns, albeit with increased risk if certain investments do not perform as expected.