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AdvisorShares Trust - AdvisorShares Dorsey Wright FSM All Cap World ETF is an exchange traded fund of fund launched and managed by AdvisorShares Investments, LLC. The fund invests in ETFs that invest in public equity markets across the globe. It invests in ETFs of companies operating across diversified sector. The fund invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to benchmark the performance of its portfolio against the MSCI All Country World Index (Net) Index. It employs proprietary research to create its portfolio. AdvisorShares Trust - AdvisorShares Dorsey Wright FSM All Cap World ETF was formed on December 26, 2019 and is domiciled in the United States.