FWDI

Fund Description
The investment objective of the AdvisorShares Madrona International ETF (FWDI) seeks to provide long-term capital appreciation above the capital appreciation of its international benchmarks, such as the MSCI EAFE Index, the Fund s primary benchmark, and the BNY Mellon Classic ADR Index, the Fund s secondary benchmark. FWDI is sub-advised by Madrona Funds, LLC (Portfolio Manager). The Portfolio Manager seeks to achieve this objective by selecting a portfolio primarily composed of at least 250 of the largest American Depositary Receipts (ADRs) from among the largest issuers of Europe, Australasia and the Far East (EAFE) and Canada. FWDI s portfolio may also include ADRs that provide exposure to certain markets deemed to be emerging markets.
Fund Profile
Fund Name Madrona International ETF
Fund Exchange Ticker FWDI
Fund Sponsor Advisor Shares
Fund ISIN US00768Y8425
Net Expense Ratio 1.26 %
Fund Inception Date 20 June 2011
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Global or ExUS Equities - Quant Strat
Asset Class Equities (Stocks)
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
Market Capitalization Range Large Cap
Growth Value Core / Blend
Continent Not Applicable
Key Statistics
Return As of Date 18 January 2019
Asset Under Management 11.69 Million (USD)
1 Month Total Return 7.96 %
Year To Date Return 9.79 %
1 Year Total Return -19.34 %
3 Year Annualized Total Return 7.95 %
NAV 25.97
Share Outstanding 450,000
Top 10 Holdings (17 January 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
MELCO RESORTS & ENTERT-ADR MLCO EQUI 0.0477
ALIBABA GROUP HOLDING-SP ADR BABA EQUI 0.0422
SILICON MOTION TECHNOL-ADR SIMO EQUI 0.0414
TERNIUM SA-SPONSORED ADR TX EQUI 0.0358
ROYAL DUTCH SHELL-SPON ADR-A RDS/A EQUI 0.034
ARCELORMITTAL-NY REGISTERED MT EQUI 0.0335
ROYAL DUTCH SHELL-SPON ADR-B RDS/B EQUI 0.0326
TENARIS SA-ADR TS EQUI 0.0321
ASML HOLDING NV-NY REG SHS ASML EQUI 0.0297
EQUINOR ASA-SPON ADR EQNR EQUI 0.029