AdvisorShares has rolled out a new tactical advantage exchange-traded fund (ETF), ETF Daily News reports. The AdvisorShares Meidell Tactical Advantage ETF will look to offer long-term capital appreciation and capital preservation. The new ETF will mostly invest in U.S.-listed domestic and foreign equity, fixed income, and commodity ETFs and ETPs. The fund is sub-advised by Atlanta-based American Wealth Management.
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