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AdvisorShares to close Accuvest Global Long Short ETF

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AdvisorShares, a sponsor of actively managed exchange-traded funds (ETFs),is to close the AdvisorShares Accuvest Global Long Short ETF (AGLS). 

The AdvisorShares Board of Trustees has approved the closing and subsequent liquidation of AGLS, and following the fund's last day of trading on 7 August, 2015, AGLS will cease operations, withdraw its assets, and distribute the remaining proceeds to shareholders on or after 14 August, 2015.

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