AdvisorShares is joining up with Accuvest Global Advisors to bring a special exchange traded fund (ETF) to market that utilizes a rotation strategy.

The new planned equities ETF will use a global country rotation strategy, reports Oliver Ludwig for Index Universe, along with the latest research that Accuvest has been gathering over the past five years. Managing director David Garff says that the firm uses a total of 29 single-country ETFs to execute its strategies, which together make up about 97 % of the market value of the MSCI All Country World Index. [Huntington Reportedly Nears Launch Of Active ETF.]

This move is in lockstep with AdvisorShares’ approach to the active management category, where it is partnering with certain managers that can pull off an active strategy. [State Street Files For Active ETFs: Will They Take The Lead?]

Tisha Guerrero contributed to this article.

The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.

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