AdvisorShares Announces ETF Closures

AdvisorShares, a leading sponsor of actively managed exchange-traded funds (ETFs), announced today that the AdvisorShares Gartman Gold/Euro ETF (NYSE Arca: GEUR) and the AdvisorShares Gartman Gold/Yen ETF (NYSE Arca: GYEN) will close. The AdvisorShares Board of Trustees approved the closings and subsequent liquidations of GEUR and GYEN. The last day of trading for both funds will be October 13, 2017, which will also be the final day for creations or redemptions by authorized participants. The funds will cease operations, withdraw their assets, and distribute the remaining proceeds to shareholders on or after October 20, 2017.