AdvisorShares Plans Meidell Tactical Advantage ETF (MATH)

AdvisorShares, one of the largest issuers of actively-managed ETFs, has forged another partnership with a well known asset manager and has plans to team up on an ETF. A recent SEC filing detailed the Meidell Tactical Advantage ETF (MATH), which would be sub-advised by American Wealth Management. The proposed fund, according to the filing, would seek “to provide long-term capital appreciation with a secondary emphasis on capital preservation.” American Wealth Management would implement a tactical strategy that had the ability to shift from 100% equity allocation to 100% fixed income allocation depending on market trends. MATH would be actively managed, and as such wouldn’t seek to replicate the performance of any specific index. Like many existing AdvisorShares products, MATH would have the flexibility to invest in other exchange-traded products, including ETFs and ETNs. The fund’s sub-advisor would use a quantitative methodology to construct a mix of investments depending on the [...] Click here to read the original article on ETFdb.com. Related Posts: AdvisorShares & TrimTabs File For “Float Shrink” ETF AdvisorShares Slashes Expenses On GTAA AdvisorShares Notches Another Partnership; TrimTabs ETF Coming Up? Counting Down The Best New ETFs Of 2010 AdvisorShares Files For Three Active ETFs