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AdvisorShares Pure US Cannabis ETFAdvisorShares Pure US Cannabis ETFAdvisorShares Pure US Cannabis ETF

AdvisorShares Pure US Cannabis ETF

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Key stats


Assets under management (AUM)
‪912.71 M‬ USD
Fund flows (1Y)
—
Dividend yield (indicated)
—
Discount/Premium to NAV
—
Shares outstanding
‪186.72 M‬
Expense ratio
0.77%

About AdvisorShares Pure US Cannabis ETF


Issuer
Wilson Lane Group LLC
Brand
AdvisorShares
Home page
advisorshares.com
Inception date
Sep 1, 2020
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Replication method
Physical
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
AdvisorShares Investments LLC
Distributor
Foreside Fund Services LLC
ISIN
US00768Y4531
MSOS is the first US-listed actively managed ETF to provide exposure solely to American cannabis and hemp companies, including multi-state operators (MSOs). This is the second fund from AdvisorShares dedicated to the cannabis investment strategy. MSOS seeks long-term capital appreciation by investing entirely in legal, domestic cannabis equity securities. Stocks may be of mid- and small-cap companies. In addition, the fund will use total return swap contracts to create such exposure. The fund advisor uses a variety of tools and ratings sources to select securities. Companies must be registered with the DEA specifically for the purpose of handling marijuana for lawful research and development of cannabis or cannabinoid-related products. Stocks selected may focus on areas such as REITs, health care, cannabidiol (CBD), pharmaceutical and hydroponics. In addition to investment risks, investors need to be aware of the ongoing regulatory risks.

Broaden your horizons with more funds linked to this ETF via country, focus, and more.

Classification


Asset Class
Equity
Category
Sector
Focus
Theme
Niche
Cannabis
Strategy
Active
Geography
U.S.
Weighting scheme
Proprietary
Selection criteria
Proprietary

Analysis


What's in the fund
Exposure type
StocksBonds, Cash & Other
Process Industries
Cash
Mutual fund
Stock breakdown by region
100%
Top 10 holdings

News



Ideas



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Seasonals


Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
MSOS assets under management is ‪912.71 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
MSOS invests in cash. See more details in our Analysis section.
MSOS expense ratio is 0.77%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, MSOS isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
MSOS shares are issued by Wilson Lane Group LLC
MSOS follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Sep 1, 2020.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.