0001615774-18-002338.txt : 20180530 0001615774-18-002338.hdr.sgml : 20180530 20180403132948 ACCESSION NUMBER: 0001615774-18-002338 CONFORMED SUBMISSION TYPE: CORRESP PUBLIC DOCUMENT COUNT: 4 FILED AS OF DATE: 20180403 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AdvisorShares Trust CENTRAL INDEX KEY: 0001408970 IRS NUMBER: 260636087 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: CORRESP BUSINESS ADDRESS: STREET 1: 4800 MONTGOMERY LANE STREET 2: SUITE 150 CITY: BETHESDA STATE: MD ZIP: 20814 BUSINESS PHONE: (877) 843-3831 MAIL ADDRESS: STREET 1: 4800 MONTGOMERY LANE STREET 2: SUITE 150 CITY: BETHESDA STATE: MD ZIP: 20814 CORRESP 1 filename1.htm

 

 

 

 

Magda El Guindi-Rosenbaum

+1.202.373.6091

mer@morganlewis.com

 

 

 

VIA EDGAR

 

April 3, 2018

 

Valerie J. Lithotomos, Esq.

Division of Investment Management

U.S. Securities and Exchange Commission

100 F Street, NE

Washington, DC 20549

 

Re:AdvisorShares Trust (File No. 811-22110)

 

Dear Ms. Lithotomos:

 

On behalf of AdvisorShares Trust (the “Trust”), this letter responds to comments you provided regarding the Trust’s preliminary proxy statement filed on March 13, 2018 relating to the AdvisorShares KIM Korea Equity ETF (the “Fund”). For ease of reference, set forth below are your comments followed by the Trust’s responses.

 

1.Comment. With respect to Proposal 1, please expand the disclosure regarding how non-diversification may affect the Fund.

 

Response. The Trust represents that it has expanded the disclosure as requested.

 

2.Comment. With respect to Proposal 2, please expand the disclosure regarding industry concentration risks.

 

Response. The Trust represents that it has expanded the disclosure as requested.

 

*     *     *     *     *

 

If you have questions or comments, please do not hesitate to contact me at 202.373.6091.

 

Sincerely,

 

/s/ Magda El Guindi-Rosenbaum    
Magda El Guindi-Rosenbaum    

 

  Morgan, Lewis & Bockius llp  
     
  1111 Pennsylvania Avenue, NW  
  Washington, DC  20004  +1.202.739.3000
  United States  +1.202.739.3001

 

 

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