DWMC Stock, AdvisorShares Dorsey Wright Micro-Cap ETF Information

The investment seeks longterm capital appreciation. The fund is an activelymanaged exchangetraded fund ETF that seeks to achieve its investment objective by investing primarily in U.S.traded equity securities consisting of common and preferred stock and American Depositary Receipts ADRs. ADRs are securities traded on a local exchange stock exchange that represent interests in securities issued by a foreign publicly listed company. Under normal circumstances the fund invests at least 80% of its net assets plus any borrowings for investment purposes in microcap securities. The fund is an actively-managed exchange-traded fund (ETF) that seeks to achieve its investment objective by investing primarily in U.S.-traded equity securities consisting of common and preferred stock and American Depositary Receipts (ADRs). ADRs are securities traded on a local exchange stock exchange that represent interests in securities issued by a foreign publicly listed company.