AADR is an Active ETF planned by AdvisorShares that invests in a portfolio of ETFs, ADRs of foreign companies and in swap contracts in order to beat its benchmarks – the BNY Mellon Classic ADR Index and the MSCI EAFE Index. The fund looks to gain exposure to leading non-US companies that strong management teams and business strategies. The fund’s sub-advisor, WCM Investment Management, identifies sectors and industries that are most likely to benefit from global economic trends.
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