Definitive Materials Filed by Investment Companies. (497)
01 1월 2020 - 12:25AM
Edgar (US Regulatory)
ADVISORSHARES TRUST
AdvisorShares
Dorsey Wright FSM US Core ETF
NASDAQ
ticker: DWUS
AdvisorShares
Dorsey Wright FSM All Cap World ETF
NASDAQ
ticker: DWAW
AdvisorShares
Dorsey Wright Alpha Equal Weight ETF
NASDAQ
ticker: DWEQ
Supplement dated December 31, 2019
to the Statement of Additional Information
dated December 25, 2019
This supplement provides new and additional
information beyond that contained in the Statement of Additional Information (“SAI”) for the AdvisorShares Dorsey Wright
FSM US Core ETF, AdvisorShares Dorsey Wright FSM All Cap World ETF and AdvisorShares Dorsey Wright Alpha Equal Weight ETF (the
“Funds”) and should be read in conjunction with that document.
As stated in the Funds’ prospectus
and SAI, each Fund issues and redeems shares on a continuous basis at their NAV only in a large specified number of shares called
a “Creation Unit.” All orders to create or redeem Creation Units of each Fund must be received in proper form by the
close of the regular trading session on the NASDAQ Stock Market LLC (ordinarily 4:00 p.m., Eastern Time) for the order to be effected
based on the net asset value of shares of the Fund next determined after receipt of the order. All references to 3:00 pm, Eastern
Time, in the section called “Creation and Redemption of Creation Units” are hereby changed to 4:00 pm, Eastern Time.
PLEASE RETAIN THIS
SUPPLEMENT FOR FUTURE REFERENCE.
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