Maryland-based AdvisorShares and Sabretooth Advisors are teaming up to list an actively managed innovative technology ETF. The AdvisorShares Sabretooth ETF (BKCH) will invest in companies that are using, or have announced plans to use, digital and/or cloud technologies within their businesses.
In picking stocks, Sabretooth meshes quantitative analysis with charting. Particularly the fund looks for:
Rising Market Cap
Forward Guidance
Momentum
Technical Levels (i.e. 50-day or 150-day moving averages)
The fund will concentrate in the technology sector, the prospectus says, and will charge 0.85%.
