AdvisorShares will launch 4 active gold ETFs on Feb. 12

|By:, SA News Editor

The AdvisorShares Gartman Gold/Euro ETF (GEUR), Gartman Gold/British Pound ETF (GGBP), Gartman Gold/Yen ETF (GYEN) and International Gold ETF (GLDE) will begin trading tomorrow morning.

The objective of GEUR, GGBP and GYEN is to seek returns by investing their respective currencies in the gold market; GLDE will seek returns by investing in ETPs that provide diversified exposure to the international gold market.

Sub-advised by Treesdale Partners, AdvisorShares will also receive insight from Dennis Gartman, editor and publisher of The Gartman Letter.

Noah Hamman, chief executive officer of AdvisorShares stated earlier: “Dennis Gartman’s widely recognized analysis and commentary among leading corporate, financial and trading institutions is well-known, and we believe Treesdale adds another deeply experienced portfolio manager to the AdvisorShares active ETF suite.”

Other Gold ETFs: GLD, IAU, PHYS, SGOL, UGL, DGP, GLL, DZZ, UGLD, DGL, DGZ, AGOL, GLDI, DGLD, TBAR, UBG