AdvisorShares North Square McKee ESG Core Bond ETF (MENV)

Overview

The investment strategy is designed to surpass the performance of the Bloomberg Barclays U.S. Aggregate Bond Index in terms of price and yield. To achieve this, the investment approach is managed by a Sub-Advisor who meticulously selects a diversified portfolio encompassing various fixed income (bond) exchange-traded funds (Underlying ETFs) and other exchange-traded products (ETPs). This comprehensive selection aims to cover an expansive range of over 20 distinct global bond classes, ensuring a broad exposure across different debt instruments, including government, municipal, and corporate bonds. The primary goal is to provide investors with a balanced and potentially high-performing bond investment option by strategically navigating through the complexities of the fixed income market.

Products and Services

• Exchanged-Traded Funds (ETFs):

  ETFs form the core of the investment portfolio, providing access to a wide array of fixed income securities. These Underlying ETFs are selected based on their potential to offer optimal yield and price performance relative to the market. They serve as a vehicle to invest in various bond classes, bringing diversification and liquidity to the investment strategy.

• Exchange-Traded Notes (ETNs):

  ETNs are included as part of the investment strategy for their unique characteristics. These debt instruments are designed to mimic the performance of specific market indices or sectors without the investor owning the actual assets. They offer a way to gain exposure to different markets, including currencies and commodities, with a specific focus on bond markets.

• Exchange-Traded Currency Trusts:

  These trusts provide a pathway to invest in foreign currencies through a secure, exchange-traded format. By including currency trusts in the portfolio, the investment strategy gains exposure to foreign exchange movements, which can offer additional diversification benefits and potential for yield enhancement in the context of global bond investing.

• Exchange-Traded Commodity Pools:

  Commodity pools are another component of the broader strategy, designed to offer exposure to commodity markets. While not direct bond investments, these pools can influence the overall portfolio's performance through their impact on economic indicators that affect bond markets. Including commodity pools allows the strategy to hedge against inflation and take advantage of commodity cycles, which can indirectly benefit bond holdings.