June 29, 2011 at 12:35 PM EDT
AdvisorShares Launches Four New Actively Managed ETFs
Last week AdvisorShares introduced four new actively managed ETFs from two different managers.  Madrona Funds, LLC is the sub-advisor and portfolio manager of three new “Madrona Forward” ETFs while American Wealth Management is the sub-advisor and portfolio manager for the “Meidell Tactical” ETF.  These additions bring the number of actively managed ETF listings to 40.  Despite the high level of interest, actively managed ETFs still face numerous obstacles. The three Madrona Forward ETFs were launched 6/21/11 (press release) and are managed by Brian Evans, Robert Bauer, and Kristi Henderson.  All three members of the portfolio management team are CPAs whose investment approach is more fully described in the Forward-Looking Broad-Market Investing White Paper (pdf).  Further information is below and . . . → Read More: AdvisorShares Launches Four New Actively Managed ETFs
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