QAM Equity Hedge ETF Begins Trading

The actively managed long/short exchange-traded fund (ETF) is the latest offering from AdvisorShares.

The QAM Equity Hedge ETF (QEH) seeks to exceed the risk-adjusted performance of half of the long/short equity universe as defined by the HFRI Equity Hedge (Total) Index. Commerce Asset Management (CAM), the fund’s sub-adviser, does its own proprietary research, based on hedge fund analysis software from Markov Processes International.

“We’re excited about our partnership with CAM and bringing QEH to market, providing an alternative strategy and expected return stream that was previously beyond the reach of an average investor but now available with the transparency and liquidity of an actively managed ETF,” said Noah Hamman, CEO of AdvisorShares. “In utilizing CAM’s extensive network and knowledge within the hedge fund universe, we feel that QEH offers a core alternative solution that investors could use to further diversify their portfolio.”