Overview

How MULT Works

The AdvisorShares Sunrise Global Multi-Strategy ETF (NASDAQ: MULT) seeks to provide long-term total returns by investing long and short in a variety of asset classes and investment strategies. MULT is managed by Sunrise Capital Partners (“Portfolio Manager”), an asset management firm with over three decades of experience in the alternative investment arena. The Portfolio Manager seeks to achieve MULT’s objective by tactically investing, both long and short, in global equity, bond, currency and commodity markets as opportunities arise within those markets.

Performance — Quarter-End

Fund Distributions

Why Invest in MULT?

• Active Management Strategy — The Portfolio Manager employs a highly active management strategy, concentrating on the global market opportunities they feel offer the highest likelihood of success. With this strategy, Sunrise can invest both long and short in additional to tactically moving from sector to sector, market to market, and geography to geography as price trends and other patterns manifest themselves.
• Intelligent Risk Management — As opportunities dissipate, MULT will systematically roll into U.S. Treasuries in an effort to seek to mitigate the loss of investor capital. As a result, many of the Portfolio Manager’s investment models will be out of the market nearly as often as they are in the market. By following this risk management approach, the Portfolio Manager seeks to reduce risk and maximize investor returns regardless of the market environment.
• For Diversification — The Portfolio Manager views the diversification potential offered by today’s global markets as the single greatest determinant of an investor’s ability to achieve compelling, long-term risk-adjusted returns. As a result, the Portfolio Manager’s investment approach explores over 50 global markets, invests within multiple asset classes, and employs a wide range of investment techniques over multiple time frames. In doing so, they seek to improve an investor’s chance of success and reduce an investor’s downside volatility.
• Investment Process Forged By Experience — The Portfolio Manager’s investment ideas and research are generated by a robust internal process that began in 1980. With over three decades of experience applying its investment approaches to global markets, they have weathered both the best and worst of times and understand what it takes to construct strategies that will stand the test of time by providing investors with competitive, risk-adjusted returns.

Where can MULT Fit in a Traditional Portfolio?

MULT may serve as the anchor for the alternative investment portion of a diversified investment portfolio. MULT has the flexibility to trade in an out of many markets long or short and its targeting of absolute returns instead of relative returns leads to its objective of having a low and occasionally negative correlation to the more traditional equity and fixed income asset classes.

Historically the better performing asset class rotate from year to year (it’s rare that last year’s best performer will be this year’s best performer) and MULT‘s go-anywhere-flexibility offers the opportunity to capture this year’s better performing asset classes and then rotate into next year’s best performing asset classes all in one fund.

5 Key Attributes

1. To Seek Capital Appreciation — The Portfolio Manager’s dynamic investment process seeks to maintain a portfolio that can generate positive returns on capital over the long term, regardless of the economic environment at hand.
2. Seek to Mitigate Portfolio Risk — The Portfolio Manager’s ability to invest both long and short and to tactically move portions of its portfolio into cash when opportunities dissipate allows it to not only potentially dampen downside volatility but in some instances, achieve positive returns in crisis environments.
3. Multi-Faceted Diversification — By investing across multiple asset classes and multiple markets using multiple investment techniques across multiple time frames, the Portfolio Manager layers significant levels of diversification within its investment process in order to seek the best possible risk-adjusted returns for investors and provide them with exposure to potential opportunities.
4. Investment Discipline — The Portfolio Manager believes that one of the greatest threats to good investment decisions is human emotion and thus employs rules-driven, purely systematic investment approaches that invest and divest based on pre-set signals focused on price, volatility, and other market data.
5. Expertise — The Portfolio Manager has worked to generate investor wealth with its diverse array of alternative investment techniques since 1980 and over three decades after inception, it remains on the competitive edge of the alternative investment industry.