AdvisorShares Press Release, AdvisorShares Announces March 2013 Distributions
The AdvisorShares Global Echo ETF (NYSE Arca: GIVE) is a broadly diversified actively managed ETF with a focus on sustainable and impact investment opportunities. GIVE seeks to achieve long-term capital appreciation by providing a diversified approach to investing in both equities and bonds. GIVE improves its diversification by having two institutional portfolio managers, which also provides investment style and strategy diversification.
GIVE is designed as a core allocation that proactively seeks opportunities in sustainable and impact investment themes, which includes a philanthropic strategic initiative. The ETF will allocate capital to equity of publicly traded companies and debt securities with a proactive and meaningful sustainability mandate. The portfolio managers seek securities that may technologically, socially and environmentally impact the earth positively – with a focus on themes such as water, clean energy, innovation and other sustainable and impact themes. Through its portfolio managers, GIVE also brings corporate sustainability, shareholder advocacy and activism, community investing, fossil-fuel divestment, and commitment to education through a single investment. Additionally, GIVE’s philanthropic impact mandate directly supports the GlobalECHO Foundation, a 501(c)3 charitable organization led by its chairman, Philippe Cousteau, who is also an Emmy-nominated TV host, author, speaker, social entrepreneur and prominent leader in the environmental movement. For more information on the foundation, please visit www.globalechofoundation.org.
Global Echo Foundation Press Release. "Philippe Cousteau's GlobalECHO Foundation Announces Inaugural Project To Support the Health And Wellbeing Of Women In Need At The Clinton Global Initiative Eighth Annual Meeting" prnewswire.com.
|NAV||Market Price Return||MSCI World Index||Barclays Capital Aggregate Bond Index|
|NAV||Market Price Return||MSCI World Index||Barclays Capital Aggregate Bond Index|
Performance data quoted represents past performance and is no guarantee of future results. Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than original cost. Returns less than one year are not annualized.
The MSCI World Index is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of developed markets. One cannot invest directly in an index.
The Barclays Capital Aggregate Bond Index measures the performance of the U.S. investment grade bond market. One cannot invest directly in an index.
|Ex-Date||Record Date||Pay Date||Cash Div||ST Cap Gain||LT Cap Gain||Return of Capital||Total Distribution|
GIVE is a multi-manager, multi-strategy ETF of stocks and bonds with a sustainable and impact investing focus. The fund is a fossil-fuel-free portfolio with an innovative philanthropic strategic initiative that directly supports Philippe Cousteau’s GlobalECHO Foundation.
GIVE seeks to achieve its investment objective by primarily investing in a variety of securities, including:
The ETF will typically maintain an allocation to both equity and fixed income oriented securities, where its fixed income allocation can range from a 15% minimum to a 65% maximum.
The equity portions focus on long positions in securities, including common and preferred stock of U.S. companies, convertible securities, and international equities. GIVE may invest in companies of any size (from small-cap to mid-cap to large-cap) and in any style (from growth to value).
The fixed income portion primarily invests in agency mortgage-backed securities, taxable municipals, and the government-guaranteed portion of small business loans – all which support community and economic development in the United States (e.g., affordable housing, environmental sustainability, neighborhood revitalization and job creation). Community Capital does not own debt of corporations.
GIVE Investment Strategy Focus: Core Equity Strategies (Global with a U.S. Focus), Concentrated Growth
Reynders, McVeigh Capital Management, LLC. (Reynders, McVeigh) of Boston, Massachusetts, is a Boston-based investment management firm focused on socially progressive investments. The firm creates tailored portfolios with cores comprised of companies that demonstrate fundamental strength and long-term vision in industries that are poised for significant transformation. Since its inception, Reynders, McVeigh has grown through performance and a steadily expanding client base to service over $600 million in assets under management and advise on more than $4 billion for trust offices around the country. Ranked 4th on AdvisorOne’s (now ThinkAdvisor) list of 2011 Top Wealth Managers, Reynders, McVeigh leverages its proprietary research and emphasizes transparency, discretion, and a deep due diligence process in support of each investment.
GIVE Investment Strategy Focus: Core U.S. Fixed Income Strategies
Community Capital Management, Inc.(Community Capital) is headquartered in Ft. Lauderdale, Florida, with offices in Charlotte, North Carolina, and Boston, Massachusetts. The firm’s investment team has extensive expertise in managing impact investing fixed income portfolios. A primary component of the firm’s investment management process is its pioneering research method, which combines impact research with financial analysis. This approach provides an added layer of investment transparency by detailing the use of bond proceeds for fixed income holdings.
Today’s global issues require a new approach to problem solving. The GlobalECHO Foundation is a 501(c)(3) charitable organization co-founded and chaired by Philippe Cousteau.
The GlobalECHO Foundation employs a blended model of strategic investment and sustainable philanthropy to create a financial approach that helps drive resources to solving some of the world’s most challenging environmental and social dilemmas.
The GlobalECHO Foundation is focused on providing funding and support in three core areas:
|4PM Bid/Offer Midpoint||$64.22||Premium/Discount||$0.03|
|Assets Under Management||$4,814,025.59|
|Premium/Discount Historical Data|
|UL||UNILEVER PLC-SPONSORED ADR||2.10%|
|GOOGL||ALPHABET INC-CL A||1.79%|
|NSRGY||NESTLE SA-SPONS ADR||1.76%|
|SJM||JM SMUCKER CO/THE||1.75%|
|NVS||NOVARTIS AG-SPONSORED ADR||1.72%|
|PG||PROCTER & GAMBLE CO/THE||1.72%|
|TMRAY||TOMRA SYSTEMS A/S/A -SP ADR||1.67%|
|ADP||AUTOMATIC DATA PROCESSING||1.67%|
|NVZMY||NOVOZYMES A/S-UNSPONS ADR||1.66%|
|ADI||ANALOG DEVICES INC||1.59%|
|BSX||BOSTON SCIENTIFIC CORP||1.55%|
|ROK||ROCKWELL AUTOMATION INC||1.53%|
|JCI||JOHNSON CONTROLS INTERNATION||1.49%|
|CNI||CANADIAN NATL RAILWAY CO||1.48%|
|VWDRY||VESTAS WIND SYSTEMS-UNSP ADR||1.35%|
|KGFHY||KINGFISHER PLC-SPONS ADR||1.35%|
|CVS||CVS HEALTH CORP||1.34%|
|MKTX||MARKETAXESS HOLDINGS INC||1.22%|
|GILD||GILEAD SCIENCES INC||1.19%|
|WFM||WHOLE FOODS MARKET INC||1.14%|
|TEVA||TEVA PHARMACEUTICAL-SP ADR||1.11%|
|PYPL||PAYPAL HOLDINGS INC||1.10%|
|ORA||ORMAT TECHNOLOGIES INC||1.10%|
|SFM||SPROUTS FARMERS MARKET INC||1.09%|
|PRGO||PERRIGO CO PLC||1.03%|
|TJX||TJX COMPANIES INC||0.98%|
|NXPI||NXP SEMICONDUCTORS NV||0.95%|
|BLUE||BLUEBIRD BIO INC||0.87%|
|SODA||SODASTREAM INTERNATIONAL LTD||0.85%|
|IPGP||IPG PHOTONICS CORP||0.85%|
|CMG||CHIPOTLE MEXICAN GRILL INC||0.78%|
|FN AM3378 3.76 5/1/2043||7.10%|
|SBA522029 FRN 2/25/2039||3.11%|
|GNR 2015-160 AC FRN 1/16/2056||2.89%|
|SBAP 2009-20H 1 4.45 8/1/2029||2.80%|
|SBA521970 FRN 7/25/2038||2.43%|
|GNR 2015-41 AE FRN 9/16/2056||1.90%|
|NY STATE ENV FAC CORP 3.113 7/15/2039||1.51%|
|SBIC 2010-10A 1 4.108 3/10/2020||1.48%|
|RI HSG & MTG-2T-REF 2.349 4/1/2021||<1%|
|GNR 2011-109 AC 3.25 4/16/2043||<1%|
|NEW YORK CITY NY HSG 3.714 11/1/2028||<1%|
|MO HLTH & ED-A-TXBL 3.685 2/15/2047||<1%|
|TAOT 2016-B A2A 1.02 10/15/2018||<1%|
|ATLANTA TAX ALLOC-E 1.984 1/1/2018||<1%|
|FN AN3489 3.02 11/1/2031||<1%|
|HONOLULU CITY & CNTY 1.706 10/1/2021||<1%|
Shares are bought and sold at market price (closing price) not NAV and are not individually redeemed from the Fund. Market price returns are based on the midpoint of the bid/ask spread at 4:00 pm Eastern Time (when NAV is normally determined), and do not represent the return you would receive if you traded at other times. Holdings and allocations are subject to risks and to change.
Acquired Fund Fees
Gross Expense Ratio
Fee Waiver and/or Expense Reimbursement
Net Expense Ratio