FYI: ETF issuer AdvisorShares has 16 U.S-listed ETFs with assets under management of more than $640 million, and an average expense ratio of 1.06%, according to FactSet. That pricey expense ratio comes with active management, the backbone of its ETF family. The firm’s most recently launched fund was the AdvisorShares Pure Cannabis ETF (YOLO), in April. We spoke with AdvisorShares founder Noah Hamman, who has extensive experience in the financial service and ETF industry, to discuss his firm’s approach to the ETF space.
Regards,
Ted
https://www.etf.com/publications/etfr/active-core-advisorshares
