As of June 30, 2017, AdvisorShares Trust - AdvisorShares QAM Equity Hedge ETF has gone out of business. AdvisorShares Trust - AdvisorShares QAM Equity Hedge ETF is an exchange traded fund of fund launched and managed by AdvisorShares Investments, LLC. It is co-managed by Commerce Asset Management, LLC. The fund invests in funds which invest in the public equity markets of countries across the globe. It invests in funds which take long and short positions in stocks of companies operating across diversified sectors. The fund primarily invests in funds which invest in value and growth stocks of companies across all market capitalizations. It invests in funds which employ quantitative analysis focusing on factors such as market factors and relative exposures, country exposure, sector exposure, industry exposure, and currency exposure to create its portfolio. The fund benchmarks the performance of its portfolio against the HFRI Equity Hedge (Total) Index. It invests in funds which employ proprietary research to create its portfolio. AdvisorShares Trust - AdvisorShares QAM Equity Hedge ETF was formed on August 7, 2012 and is domiciled in the United States.