MSOX – AdvisorShares MSOS Daily Leveraged ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks daily investment results that, before fees and expenses, correspond to approximately two times (2x) the daily total return of the U.S. Cannabis ETF. Under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in securities of companies that derive at least 50% of their net revenue from the marijuana and hemp business in the United States and in derivatives that have economic characteristics similar to such securities. The fund is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
MSOX	AdvisorShares MSOS Daily Leveraged ETF	ETF	Open	—	—	Aug 23, 2022	$44.63M	0.970%	—	—	$43.01M

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