AdvisorShares is launching a new tactical exchange traded fund (ETF), Index Universe reports. The AdvisorShares Tactical ETF will invest majorly in U.S.-listed domestic and foreign equity, fixed income, and commodity ETFs and other exchange-traded products. The ETF will be able to include various styles, such as value and growth. It will also be allowed to own exchange-traded notes, exchange-traded currency trusts and closed-end funds.
Click here for the story from Index Universe.