AdvisorShares Insiders Advantage ETF - USD Stock

Sub-advisor DoubleLine Equity LP actively manages the AdvisorShares DoubleLine Value Equity ETF (DBLV) under a fundamental value strategy. Fundamental value investing targets two opportunity sets which arise when the market temporarily prices the equity of companies below intrinsic value: classic value and quality value common stocks. DBLV seeks to deliver capital appreciation and attractive risk-adjusted returns over full market cycles. Under DBLV's fundamental value strategy, the investment team seeks to invest in classic value opportunities in low-multiple stocks of companies with temporarily depressed earnings and in quality value opportunities in durable or disruptor franchises. Quality value opportunities often are invisible under a classic value lens. The investment team employs a rigorous, thoughtful and repeatable fundamental research process to determine the intrinsic value of potential target companies, uncover mispricing opportunities and construct a portfolio concentrated in typically 35 to 50 well-understood classic value and quality value stocks. The strategy invests in companies with market capitalizations of at least $2 billion, but the portfolio primarily comprises stocks of large-cap companies. The team works to maintain high active share and low portfolio turnover.