 The
AdvisorShares New Tech and Media ETF, traded under the ticker BOXX, is
an actively managed exchange-traded fund that seeks to provide
long-term capital appreciation by investing in U.S. and non-U.S.
companies in the technology and media sectors. The fund's investment
strategy is to identify companies that the advisor believes are
benefiting from new trends in technology and media, and have the
potential to experience significant growth.
BOXX has a
relatively low expense ratio of 0.99%, which is competitive compared
to other actively managed ETFs. As of its latest report, the fund had
total net assets of $10.4 million, with a portfolio of 33 holdings.
The top holdings in the fund are currently in the software and
services industry, which makes up around 45% of the portfolio. Other
significant holdings include internet & direct marketing retail,
communications equipment, and electronic equipment, instruments &
components.
One unique feature of BOXX is its focus on
investing in companies that are positioned to benefit from emerging
technologies and trends. Some of the trends that the fund has
identified include cloud computing, artificial intelligence,
blockchain, and the Internet of Things.
Overall, the
AdvisorShares New Tech and Media ETF may be suitable for investors
seeking exposure to growth-oriented companies in the technology and
media sectors, with a focus on emerging technologies and trends.
However, as with any actively managed fund, investors should carefully
consider the fund's investment strategy and track record before making
an investment.
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