AADR – AdvisorShares Dorsey Wright ADR ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks long-term capital appreciation above international benchmarks such as the MSCI EAFE Index. The fund seeks to achieve the fund's investment objective by selecting primarily a portfolio of U.S.-traded securities of non-U.S. organizations, most often American Depositary Receipts ("ADRs"). It will invest at least 80% of its total assets in ADRs and in securities that have economic characteristics similar to ADRs.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
AADR	AdvisorShares Dorsey Wright ADR ETF	ETF	Open			Jul 20, 2010	$37.60M	1.090%	—	—	−$5.70M

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