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AdvisorShares Trust - AdvisorShares Dorsey Wright FSM US Core ETF is an exchange traded fund of fund launched and managed by AdvisorShares Investments, LLC. It invests in ETFs that invest in public equity markets of the United States. It invests in ETFs of companies operating across diversified sector. The fund invests in ETFs that invest in growth and value stocks of large-cap companies. The fund seeks to benchmark the performance of its portfolio against the S&P 500 Index. It employs proprietary research to create its portfolio. AdvisorShares Trust - AdvisorShares Dorsey Wright FSM US Core ETF was formed on December 26, 2019 and is domiciled in the United States.