DWAW

Fund Description
The AdvisorShares Dorsey Wright FSM All Cap World ETF (Ticker: DWAW) is an actively managed global rotation strategy using a technical and systematically-driven investment process to invest in domestic and foreign equity asset classes across any market cap, including emerging markets, within the tax-efficient structure of an ETF. The Fund is an actively managed exchange-traded fund ( ETF ) that is primarily a fund of funds. The Advisor seeks to achieve the Fund s investment objective by investing in ETFs that invest primarily in domestic large capitalization equity securities. During periods in which the Advisor believes the market indicates broad equity weakness and cash strength, the Fund invests in fixed income ETFs with a short or ultra-short duration, money market funds, cash and cash equivalents ( Defensive Investments ).
Fund Profile
Fund Name AdvisorShares Dorsey Wright FSM All Cap World ETF
Fund Exchange Ticker DWAW
Fund Sponsor Advisor Shares
Fund ISIN US00768Y4796
Net Expense Ratio 1.14 %
Fund Inception Date 26 December 2019
Fund Legal Structure ETF (Open end fund)
Exchange NASDAQ
Listing Country Code US
Fund Investment Objective
ETF Type Specific Multi-Asset / Other
Asset Class Target Date / Multi-Asset
Index Linked Active
Index Name Not Applicable
Index Provider Not Applicable
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Funds Combining Developed & Emerging Exposure
Key Statistics
Return As of Date 23 October 2020
Asset Under Management 104.06 Million (USD)
1 Month Total Return 9.38 %
Year To Date Return 30.02 %
1 Year Total Return
3 Year Annualized Total Return
NAV 32.52
Share Outstanding 3,200,000
Top 10 Holdings (20 October 2020)
Constituent Name Constituent Ticker Constituent Type Weighting
ISHARES MORNINGSTAR MID-CAP JKH ETF 0.5038000000
INVESCO QQQ TRUST SERIES 1 QQQ ETF 0.4956000000
BLACKROCK TREASURY TRUST INSTL 62 MMKT 0.0006000000
CASH CASH 0.0000000000