Walnut Creek, Calif.-based Accuvest has been putting together
asset allocation plans using single-country ETFs for about five
years, as its managing director, David Garff, told IndexUniverse
last month. The firm uses a total of 29 single-country ETFs to
execute its strategies, which together make up about 97 percent of
the market value of the MSCI All Country World Index, Garff
AdvisorShares' approach to the active ETF universe has been to
partner with particular managers around whom an active strategy can
be executed. Some of AdvisorShares' ETFs are fund-of-funds using
ETFs, dovetailing perfectly with Accuvest's approach to the global
"The [Accuvest] strategy utilizes a unique top-down
macro-economic scoring system as they evaluate and pick countries,
not individual equities," AdvisorShares Chief Executive Noah Hamman
said in a press release. "The upcoming ETF will provide investors
with another solution to gain global equity exposure."
AdvisorShares had a total of almost $280 million under
management as of April 26, including $162 million in its Cambria
Global Tactical ETF (NYSEArca:GTAA). GTAA is a multi-asset class
security designed to preserve and grow capital through absolute
returns with reduced volatility and manageable risk and drawdowns,
according to information posted on the AdvisorShares website.
Don't forget to check IndexUniverse.com's ETF Data
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