ACT

Fund Description
The AdvisorShares Vice ETF is an actively managed fund that seeks to to achieve its investment objective by investing in securities of companies that derive at least 50% of their net revenue from tobacco, alcoholic beverages, and companies that derive at least 50% of their net revenue from the marijuana / hemp industry. The investment thesis of the AdvisorShares Vice ETF (Ticker: ACT) believes that investing in select alcohol and tobacco companies will provide continued growth and long-term performance across all types of market environments. Coupled with the continuing societal acceptance and regulatory approvals of cannabis across jurisdictions, a new investment avenue has emerged that provides a compelling upside to complement the steady and more predictable returns of the coined recession-proof equities.
Fund Profile
Fund Name AdvisorShares Vice ETF
Fund Exchange Ticker ACT
Fund Sponsor Advisor Shares
Fund ISIN US00768Y5454
Net Expense Ratio 0.75 %
Fund Inception Date 12 December 2017
Fund Legal Structure ETF (Open end fund)
Exchange NASDAQ
Listing Country Code US
Fund Investment Objective
ETF Type Specific US Equities - Industry Sector
Asset Class Equities (Stocks)
Index Linked Active
Index Name Not Applicable
Index Provider Not Applicable
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Market Capitalization Range Broad Market / Multi-Cap
Growth Value Core / Blend
Continent North America
Key Statistics
Return As of Date 15 July 2019
Asset Under Management 13.90 Million (USD)
1 Month Total Return 1.40 %
Year To Date Return 18.22 %
1 Year Total Return -1.88 %
3 Year Annualized Total Return
NAV 25.28
Share Outstanding 550,000
Top 10 Holdings (15 July 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
BOSTON BEER COMPANY INC-A SAM EQUI 0.0632741905
TURNING POINT BRANDS INC TPB EQUI 0.0581619452
THERMO FISHER SCIENTIFIC INC TMO EQUI 0.0560816810
DARDEN RESTAURANTS INC DRI EQUI 0.0555600294
ABBOTT LABORATORIES ABT EQUI 0.0531593160
ABBVIE INC ABBV EQUI 0.0514437584
IMPERIAL BRANDS PLC-SPON ADR IMBBY EQUI 0.0447570901
NOVARTIS AG-SPONSORED ADR NVS EQUI 0.0405794618
PHILIP MORRIS INTERNATIONAL PM EQUI 0.0391957331
LVMH MOET HENNESSY-UNSP ADR LVMUY EQUI 0.0379535856