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FYI: A filing from AdvisorShares outlines the firm’s plans to launch an actively managed ETF that will target companies involved in the tobacco, alcoholic beverage or marijuana industries. The AdvisorShares VICE ETF (ACT) is slated to list on the NYSE Arca and come with an expense ratio of 0.75%. Regards, Ted http://www.etf.com/sections/daily-etf-watch/advisorshares-plans-vice-etf
Comments
It'll be interesting to see how its composition will compare to VICEX with its 1.45 ER.