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 0.99 %
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 17 July 2019
Asset Under Management 1.17 Million (USD)
1 Month Total Return 5.02 %
Year To Date Return 26.50 %
1 Year Total Return -4.13 %
3 Year Annualized Total Return
NAV 23.4
Share Outstanding 50,000
Top 10 Holdings (16 July 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
INVESCO GOVT AGENCY INSTL 1901 MMKT 0.0373175003
CASELLA WASTE SYSTEMS INC-A CWST EQUI 0.0183552650
ELDORADO RESORTS INC ERI EQUI 0.0182060471
INNOVATIVE INDUSTRIAL PROPER IIPR EQUI 0.0172545513
FIVE9 INC FIVN EQUI 0.0166890635
EHEALTH INC EHTH EQUI 0.0149574931
CHEGG INC CHGG EQUI 0.0132289659
ENPHASE ENERGY INC ENPH EQUI 0.0128701085
EVERBRIDGE INC EVBG EQUI 0.0127529035
APPFOLIO INC - A APPF EQUI 0.0121606901