AdvisorShares FolioBeyond Smart Core Bond ETF

Frequently Asked Questions About FWDB

What does FWDB invest in?

The investment seeks investment results that exceed the price and yield performance of its benchmark, the Bloomberg Barclays U.S. Aggregate Bond Index. The Sub-Advisor selects a portfolio of fixed income (bond) exchange-traded funds ("Underlying ETFs") and other exchange-traded products, including, but not limited to, exchange-traded notes ("ETNs"), exchange-traded currency trusts, and exchange-traded commodity pools. The Advisor selects from among ETPs representing more than 20 distinct global bond classes, including, but not limited to, treasury bonds, municipal bonds, investment grade corporate bonds, high-yield U.S. corporate bonds.

What is the expense ratio of FWDB?

AdvisorShares FolioBeyond Smart Core Bond ETF (FWDB) charges an expense ratio of 1.27%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FWDB?

AdvisorShares FolioBeyond Smart Core Bond ETF (FWDB) manages $5.3M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is FWDB actively managed or an index fund?

FWDB is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (FWDB's is 1.27%) because there's no security selection cost.

When was FWDB launched?

AdvisorShares FolioBeyond Smart Core Bond ETF (FWDB) launched in June 2011 and is managed by AdvisorShares.

How has FWDB performed?

FWDB's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.