Bringing you live news and features since 2006 

Noah Hamman, chief executive of AdvisorShares

AdvisorShares launches Sage Core Reserves ETF


Actively-managed exchange-traded fund sponsor AdvisorShares is to launch the AdvisorShares Sage Core Reserves ETF (HOLD) on 15 January. 

HOLD is sub-advised by Sage Advisory Services, an Austin, Texas-based asset manager, with experience in fixed income portfolio management and ETF strategies.
The investment objective of HOLD is to preserve capital while maximising income. Sage seeks to achieve this objective by investing in a broad range of fixed-income securities and US dollar denominated investment grade debt securities, with an average duration of less than one year. 
Sage's fixed income investment process applies a balanced, top-down approach focused on actively managing portfolio duration risk, yield curve positioning, market segment allocation and security selection.  Sage seeks to make the ultra-low duration portfolio less sensitive to interest rate changes, and provide the ability to be flexible across credit quality and security selection, while minimising volatility and maintaining a high level of liquidity.
"The threat of rising interest rates and a strong investor appetite for yield may present limited options for efficient ways to access and manage cash holdings," says Noah Hamman (pictured), chief executive officer of AdvisorShares. "We believe HOLD delivers a compelling investment solution with the benefits of a liquid, transparent and efficient actively managed ETF by leveraging Sage's well-established track record and expertise as a fixed income manager."
"We believe our unique top-down portfolio management approach, which focuses across a diverse range of fixed income securities, is well-positioned to manage risk and duration in any market or interest rate environment," says Robert G. Smith, president and chief investment officer of Sage. "As a result, we believe our partnership with AdvisorShares can present HOLD shareholders a core portfolio component to help realise their investment goals."

Latest News

BlackRock’s global ETP flows report for June finds a steady rise with USD128.1 billion added to global ETPs in June,..
Morningstar’s global ETF flows report for the first half of 2024 shows that actively managed ETFs have captured 25 per..
The surge in bitcoin ETF launches and funds flowing into the sector is transforming institutional investment in digital assets but..
LSEG Lipper’s latest research finds that the majority of actively managed funds and ETFs globally were not able to beat..

Related Articles

Chris Lo, Columbia Threadneedle
In a recent insight on India by Columbia Threadneedle Investments, the firm reports that the country’s economic reforms, which aim...
With an election on the horizon in the United States a group of ETFs is poised to capture investments on...
Robot worker
Qraft Technologies, based in South Korea, specialises in the use of AI in security selection and portfolio construction....
Andrea Busi, Directa SIM
Romain Thomas talks to Andrea Busi (pictured), CEO of Directa SIM, who explains why the online trading platform has just...
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