AdvisorShares Pure US Cannabis ETF

Frequently Asked Questions About MSOS

What does MSOS invest in?

MSOS is the groundbreaking actively managed ETF, listed in the U.S., providing focused exposure exclusively to American cannabis companies, including multi-state operators. The fund's portfolio strategically allocates capital across a wide array of U.S.-based cannabis-related businesses. Offering seamless access, MSOS trades on the NYSE Arca, enabling investors to gain exposure to numerous U.S. cannabis securities through a single, convenient trade. Directly investing in individual U.S. cannabis firms often necessitates sourcing them on smaller, foreign exchanges. The ETF benefits from a portfolio manager with profound capital markets experience and established expertise in navigating highly-regulated equity sectors, notably cannabis. All MSOS assets are securely held by BNY Mellon, one of the largest U.S. custodial banks.

What is the expense ratio of MSOS?

AdvisorShares Pure US Cannabis ETF (MSOS) charges an expense ratio of 0.75%. This is the annual fee deducted from fund assets to cover management and operations.

How big is MSOS?

AdvisorShares Pure US Cannabis ETF (MSOS) manages $769.4M 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 MSOS actively managed or an index fund?

MSOS is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (MSOS's is 0.75%) in exchange for the discretion to over- or under-weight positions.

When was MSOS launched?

AdvisorShares Pure US Cannabis ETF (MSOS) launched in September 2020 and is managed by AdvisorShares.

How has MSOS performed?

MSOS'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.