Lat month I told you about a new AdvisorShares ETF that was in development. Well, that fund finally launched...
- DBIZ - AdvisorShares Pring Turner Business Cycle ETF
The new fund is actively managed by Pring Turner Capital Group and the goal is to create long-term growth from capital appreciation and income. The ETF will hold stocks, bonds, inflation-sensitive securities, and cash with the strategy of building consistent wealth while minimizing portfolio risk.
As of today, DBIZ is trading around $25.85 and you can get full details for the fund on the AdvisorShares fact sheet.