"The AdvisorShares Rockledge SectorSAM ETF (SSAM) seeks to generate stable and consistent annual returns under all market conditions. The Fund seeks to accomplish this by investing primarily in both long and short positions in U.S. sector ETFs that offer diversified exposure to U.S. large capitalization sectors. SSAM is managed by Rockledge Advisors (“Portfolio Manager”).
The Portfolio Manager seeks to achieve the objective by employing an actively managed and diversified, equity sector rotation process. The Fund will be buying (being long) the sector ETFs that Rockledge forecasts to outperform the S&P 500 Index while also selling (being short) an equal dollar amount of sector ETFs that they forecast to underperform the S&P 500, based on a proprietary quantitative analysis known as the “Sector Scoring and Allocation Methodology” (SectorSAM). The Fund expects to hold equal amounts long and short, thus creating a dollar neutral portfolio."
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