AdvisorShares Investments has entered the ETF market with an actively managed fund tracking a portfolio of ETFs.
The Dent Tactical ETF invests in ETFs which track a range of asset classes, including domestic and foreign equities, fixed income, cash and commodities.
The fund uses proprietary demographic and economic research by HS Dent Investment Management to provide long-term growth of capital, by identifying the overall trend of US and global economies.
This research-based methodology selects the strongest performing market sectors and then specific ETFs within these sectors, with the selection process monitored daily.
Portfolio managers Harry Dent and Rodney Johnson will decide how defensive or offensive the portfolio will be, and will then choose the ETFs by using the quantitative model.
HS Dent Investment Management founder Harry Dent says: "Investors are seeking more tactical investment choices that offer true diversification in their portfolios, including exposure to dynamic and diversifying investment strategies."
The ETF is sub-advised by HS Dent Investment Management, an economic research and forecasting company.
Oversees £30bn of advised and D2C assets
£1bn business since inception
Considered doing so in 2015
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