Despite the great success of AdvisorShares Investments, LLC’s DENT Tactical ETF (NYSE: DENT), several critics have zeroed-in on the fund, criticizing its high expense ratio and economic forecasting approach, The Dent Method.
Fund.com (OTC BB: FNDM), CEO Greg Webster responded to the criticisms of The Dent Method, saying, “Every manager has a certain method and every advisor approaches the market with what they believe will achieve the best alpha for their investors. H.S. Dent approaches the market in somewhat of a unique way that doesn’t necessarily compete with many of the other offerings. Provided you support his view of the markets, then you should buy his products.”
The success of DENT should silence some of the critics: in the first four days of its launch, it traded over one million shares, making it the largest and fastest growing actively managed ETF in existence. DENT seeks to achieve its investment objective by identifying, through proprietary economic and demographic analysis, the overall trend of the U.S. and global economies and how consumer-spending patters may change, based on this analysis.
AdvisorShares Investments, LLC, a majority-owned subsidiary of Fund.com (FNDM.OB), is an exchange-traded fund development platform. Partnered with registered investment advisors, AdvisorShares creates individual “actively managed” ETFs customized for their clients. AdvisorShares’ SEC-granted exemptive relief from the Investment Company Act of 1940, allows RIAs to create, issue and actively rebalance their portfolios in an exchange-listed investment product.
Harry S. Dent Jr., one of the managers of the DENT Tactical ETF, will be featured in the upcoming winter issue of EQUITIES Magazine. Affiliates, Officers and or Directors of Equities Magazine own shares of Fund.com (FNDM.BB) To access the winter issue of the magazine and more, sign up for a free one-year subscription to EQUITIES Magazine.
About EQUITIES Magazine:
Since 1951, EQUITIES has served both retail and institutional investors by examining industry trends, analyzing strategies and opportunities, and profiling financial leaders and emerging public companies. Its global audience increased dramatically after the launch of its European and digital versions, as well as its website, which provides free real-time market quotes and a free customizable, real-time portfolio-management interface. EQUITIES is also one of a select group of publications available on the Apple iPhone.
