AdvisorShares Restaurant ETF | Ticker: EATZ
AdvisorShares
Hotel ETF | Ticker: BEDZ
Analysis: AdvisorShares has filed for a couple of timely ETFs focused on the lodging and food industries as we come out of a chaotic transition to a post-confinement world. Each ETF need only invest up to 25% of their assets in actual lodging or food businesses, respectively, providing the ETFs with the flexibility to invest in those companies that will adjust best to a world living with COVID.
EATZ Investment Strategy: Invests in US companies which derive at least 50% of their revenue as owners and operators of restaurants, bars, pubs, and fast food tor take out facilities and companies that provide food catering services.
BEDZ Investment Strategy: Invests in US companies that derive at least 50% of their revenue from hotels, resorts, and cruise ships and includes travel agencies, tour operators, and involved in other lodging and travel related services.
Characteristics common to both ETFs:
- Investment Objective: Capital appreciation
- Exchange: NYSE arca
- Expense ratio: 0.79%
- Original filing date: February 3, 2021
- Effective date: April 19, 2021
- Listing Date: April 21, 2021
- CUSIP:
- BEDZ - 00768Y396
- EATZ - 00768Y388
- Active: Yes
- Index: Not applicable
- Adviser: AdvisorShares Investments, LLC
- Portfolio manager: Dan S. Ahrens, Managing Director, Chief Operating Officer & Portfolio Manager
Prospectus is here.
Prospectus is here UPDATED.
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- LinkedIn: Henry Jim
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