DWMC

Fund Description
The AdvisorShares Dorsey Wright Micro Cap ETF (Ticker: DWMC) is an actively managed ETF that seeks long-term capital appreciation by investing in exchange-listed, micro-cap equities with sufficient liquidity that generally have a market capitalization of less than $1 billion.DWMC s investment strategy follows Nasdaq Dorsey Wrights core philosophy of relative strength investing a proprietary systematically-driven methodology that buys securities that have appreciated in price more than other equities within its investment universe and holding those securities until they exhibit sell signals. No company fundamental data is involved in the analysis and the systematic nature of Dorsey Wright s process removes emotion from the day-to-day decision making. Stock selection is strictly based on the highest ranked securities as measured by the relative strength investment process.
Fund Profile
Fund Name AdvisorShares Dorsey Wright Micro-Cap ETF
Fund Exchange Ticker DWMC
Fund Sponsor Advisor Shares
Fund ISIN US00768Y5371
Net Expense Ratio 1.25 %
Fund Inception Date 10 July 2018
Fund Legal Structure ETF (Open end fund)
Exchange NASDAQ
Listing Country Code US
Fund Investment Objective
ETF Type Specific US Equities - Broad Market & Size
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 Micro Cap
Growth Value Core / Blend
Continent North America
Key Statistics
Return As of Date 30 October 2020
Asset Under Management 1.64 Million (USD)
1 Month Total Return 5.83 %
Year To Date Return -8.12 %
1 Year Total Return 1.83 %
3 Year Annualized Total Return
NAV 21.82
Share Outstanding 75,000
Top 10 Holdings (30 October 2020)
Constituent Name Constituent Ticker Constituent Type Weighting
FIVE9 INC FIVN EQUI 0.0245000000
DIGITAL TURBINE INC APPS EQUI 0.0224000000
CASELLA WASTE SYSTEMS INC-A CWST EQUI 0.0222000000
INVESCO GOVT AGENCY INSTL 1901 MMKT 0.0218000000
KINSALE CAPITAL GROUP INC KNSL EQUI 0.0202000000
CELSIUS HOLDINGS INC CELH EQUI 0.0178000000
APPFOLIO INC - A APPF EQUI 0.0167000000
CARDIFF ONCOLOGY INC CRDF EQUI 0.0165000000
GOOSEHEAD INSURANCE INC -A GSHD EQUI 0.0152000000
NAUTILUS INC NLS EQUI 0.0149000000