The AdvisorShares New Tech and Media ETF (NYSE Arca: FNG) seeks long-term capital appreciation. The Fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in securities of technology and media companies. The Fund will invest primarily in U.S. exchange-listed equity securities, including common and preferred stock and American Depositary Receipts (“ADRs”), of technology and technology-related companies, including social media and internet retail companies. The Fund will concentrate its investments in the software and services industry within the information technology sector.
Sabretooth Advisors, LLC (the “Sub-Advisor”) uses a quantitative stock selection process to make allocation decisions in the Fund’s portfolio, with a technical analysis overlay for timing decisions involving the purchase or sale of securities. The Sub-Advisor’s investment philosophy is based on the view that certain e-commerce, communication, and other social media related stocks may outperform the overall market and should continue to see strong growth into the future.
To receive a FNG red herring prospectus or to learn more about FNG, please call an AdvisorShares Investment Consultant at 1-877-843-3831 or email us and we'll send a copy to you.
If you aren't already registered with AdvisorShares, please register with us and be sure you sign up for FNG news updates so that you will receive email updates about FNG, including when a launch date is set.
Great! Be sure to log in and go to your "Subscriptions" tab, and make sure you have signed up for FNG news updates.
Check back later for more news updates.
|4PM Bid/Offer Midpoint||$0.00||Premium/Discount||$0.00|
|Assets Under Management||$0.00|
|Premium/Discount Historical Data|