Remote Buying of AdvisorShares Cornerstone Small Cap ETF through IEX is under development on ETFS.com.
Notify Me when it is readyRemote Selling of AdvisorShares Cornerstone Small Cap ETF through IEX is under development on ETFS.com.
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The investment seeks to provide total return through long-term capital appreciation and current income. The fund seeks to achieve its investment objective by investing in a diversified group of U.S.-traded equity securities consisting of common and preferred stock, ADRs, and REITs. Under normal circumstances, it invests at least 80% of its net assets (plus any borrowings for investment purposes) in small cap securities. The fund's sub-advisor generally defines a small cap company as one having a market capitalization less than the market cap of the largest company in the Russell 2000 Index at the time of acquisition.
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