AdvisorShares launches active long/short sector rotation ETF
Dec 29th, 2011 | By Simon Smith, CFAAdvisorShares has launched an actively-managed long/short ETF that follows an equity sector rotation strategy. The fund will go long sector ETFs forecast to outperform the S&P 500 Index, while also shorting an equal dollar amount of sector ETFs that are forecast to underperform. The strategy will be based on a proprietary quantitative process known as “Sector Scoring and Allocation Methodology”.