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About AdvisorShares Trust AdvisorShares Pure US Cannabis ETF
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Inception date
Sep 1, 2020
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
AdvisorShares Investments LLC
Distributor
Foreside Fund Services LLC
MSOS is the first US-listed actively managed ETF to provide exposure solely to American cannabis and hemp companies, including multi-state operators (MSOs). This is the second fund from AdvisorShares dedicated to the cannabis investment strategy. MSOS seeks long-term capital appreciation by investing entirely in legal, domestic cannabis equity securities. Stocks may be of mid- and small-cap companies. In addition, the fund will use total return swap contracts to create such exposure. The fund advisor uses a variety of tools and ratings sources to select securities. Companies must be registered with the DEA specifically for the purpose of handling marijuana for lawful research and development of cannabis or cannabinoid-related products. Stocks selected may focus on areas such as REITs, health care, cannabidiol (CBD), pharmaceutical and hydroponics. In addition to investment risks, investors need to be aware of the ongoing regulatory risks.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Stocks6.47%
Process Industries5.52%
Bonds, Cash & Other93.53%
Cash99.70%
Mutual fund10.86%
Corporate−0.09%
Miscellaneous−16.93%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
MSOS assets under management is 332.69 M USD. It's fallen 11.56% over the last month.
MSOS fund flows account for 90.52 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
MSOS shares are issued by Wilson Lane Group LLC under the brand AdvisorShares. The ETF was launched on Sep 1, 2020, and its management style is Active.
MSOS expense ratio is 0.77% meaning you'd have to pay 0.77% of your investment to help manage the fund.
MSOS follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MSOS invests in cash.
MSOS price has fallen by −6.67% over the last month, and its yearly performance shows a −68.30% decrease. See more dynamics on MSOS price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −11.56% over the last month, showed a −20.14% decrease in three-month performance and has decreased by −68.26% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −11.56% over the last month, showed a −20.14% decrease in three-month performance and has decreased by −68.26% in a year.
MSOS trades at a premium (0.08%) meaning the ETF is trading at a higher price than the calculated NAV.