AdvisorShares Investments introduced three ETFs managed by Madrona Funds of Everett, Washington on June 21. The new ETFs are the AdvisorShares Madrona Forward Domestic ETF (FWDD), the AdvisorShares Madrona Forward International ETF (FWDI) and the Madrona Forward Global Bond ETF (FWDB).
The Madrona Forward Global Bond Fund is the first broadly diversified global multi-sector bond ETF that uses forward-looking yield curve analysis to reallocate across the targeted global bond sectors. The Madrona Forward Domestic and International Funds offer investors a strategy based on analyst consensus estimates of the present value of future projected earnings relative to the price of each security.
“Investors are increasing their allocation to investment strategies that rely on fundamental factors,” says Noah Hamman, CEO and founder of AdvisorShares.
“Broad market asset allocation is a cornerstone to building an equity-based asset allocation plan. There are many methodologies of indices available on the market; however, no method of allocation within an index has applied the same methodology most investors would use when choosing to invest in an individual equity,” adds Brian Evans, co-portfolio manager of the ETFs.