FWDB
AdvisorShares FolioBeyond Smart Core Bond ETF
stock NYSE

The investment seeks investment results that exceed the price and yield performance of its benchmark, the Bloomberg Barclays U.S. Aggregate Bond Index. The Sub-Advisor selects a portfolio of fixed income (bond) exchange-traded funds ("Underlying ETFs") and other exchange-traded products, including, but not limited to, exchange-traded notes ("ETNs"), exchange-traded currency trusts, and exchange-traded commodity pools. It invests in ETPs that provide exposure to at least 12 distinct global bond classes, that may include treasury bonds, municipal bonds, and high-yield U.S. corporate bonds (sometimes referred to as "junk bonds").