Seeking Alpha

AdvisorShares rolls out a 'fund of funds' ETF

  • The AdvisorShares YieldPro ETF (YPRO), a joint venture with The Elements Group, launched this morning.
  • This ETF will hold both long and short term fixed income investments, selected after a screening for yield, volatility, volume and relative strength.
  • Noah Hamman, chief executive officer of AdvisorShares, stated in a press release; "in the current interest rate environment where many investors and advisors actively hunt for the dual goals of yield and mitigation of risk, we feel YPRO may help allow the flexibility to potentially achieve both objectives."
  • Other multi asset bond ETFs: CVY, PCEF, CEFL, MDIV, IYLD, YYY, GYLD, DVHL, HGI, INKM, DVHI, YDIV, GCE, RIGS
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