Bringing you live news and features since 2006 

AdvisorShares launches actively managed international ETF

RELATED TOPICS​

Fund.com’s majority-owned subsidiary AdvisorShares Investments has launched the industry’s first actively managed international exchange-traded fund, the WCM/BNY Mellon Focused Growth ADR ETF.

AADR is sub-advised by institutional money manager WCM Investment Management.

BNY Mellon is the world’s largest depositary for American depositary receipts and will provide the primary benchmark to the fund as well as expertise within the ADR industry to the portfolio management team.

WCM will implement its investment strategy through the use of ADRs.

"WCM Investment Management has experience with this strategy within other investment vehicles that follow this very thoughtful fundamental investment process to construct their portfolios. We are excited to bring investors special access to this unique, first-of-its-kind strategy as well as to this institutional quality investment advisory firm," says Noah Hamman, chief executive and founder of AdvisorShares.

The investment objective of AADR is long-term capital appreciation above international benchmarks such as the BNY Mellon Classic ADR Index and the MSCI EAFE Index.

AADR strives to provide a high-quality, large-cap growth portfolio for the non-US universe. The portfolio, which includes developed and emerging markets, is purposely very different from international benchmarks and other international funds. WCM achieves this differentiation by concentration (20 to 30 holdings) and an emphasis on traditional growth sectors such as technology, healthcare and consumer staples/discretionary.

The AADR portfolio management team seeks to invest in businesses that appear likely to benefit from long-lasting global trends, growing competitive advantages and a superior corporate culture.

Paul R. Black, WCM president and co-chief executive, says: "At WCM, our investment strategy is driven by timeless principles that we believe are poised to outperform extremely inefficient international benchmarks."

Latest News

Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..
Confidence in the continuing strength of bitcoin and Ethereum is driving wider interest in altcoins and other digital assets, according..
First Trust has announced the launch of the First Trust Vest U.S. Equity Moderate Buffer UCITS ETF – February GFEB..

Related Articles

Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
Cryptocurrencies
Matteo Greco, Research Analyst at Fineqia International writes that bitcoin (BTC) ended the week at approximately USD52,150, showing a notable...
US Distribution Awards trophies
The winners of the first US ETF Distribution Awards at the Exchange conference, hosted by ETF Express and sponsored by...
Thomas Bonville, Clear Street
Just over a year ago, Thomas Bonville joined New York-based, prime brokerage Clear Street as managing director, head of derivative...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by