Eat | Sleep | Travel | Invest in BEDZ and EATZ
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  An increase in consumer spending, led by food services and accommodations, helped to keep GDP growth positive in the first quarter of 2023.      As consumers leave the pandemic behind them, the leisure and hospitality industry are a potential beneficiary in both job growth and consumer spending.
AdvisorShares’ BEDZ and EATZ may help investors benefit from this trend.
BEDZ invests exclusively in the travel industry, including hotels, resorts, and cruise lines, as well as booking services,  tour operators and travel-related services.
EATZ invests exclusively in the food service industry, including restaurants, bars, pubs, fast food, take out facilities, food catering services and more. 
BEDZ | EATZ Advantages:
Only ETFs dedicated solely to investing specifically in the hotel and travel-related industry (BEDZ) or the restaurant and food services industry (EATZ).
Allows you to shift your portfolio based on economic cycles and may help capture value from secular or cyclical trends in the industry.
Offers exposure to a specific investment theme when you want it
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to an ADVISORSHARES Portfolio Manager or Investment Consultant.
An Investment Consultant can be reached at 1.877.843.3831 to discuss our actively managed ETF offerings.
We are able to assist with special order handling to ensure that you receive the best trading execution.
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ADVISORSHARES |  1.877.843.3831 | | Electronic mail policy
– For Institutional Investors Use Only. Not For Use with the Retail Public. –
Before investing you should carefully consider the Fund’s investment objectives, risks, charges and expenses. This and other information is in the prospectus, a copy of which may be obtained by visiting the Fund’s website at Please read the prospectus carefully before you invest. Foreside Fund Services, LLC, distributor. 
Investing involves risk including possible loss of principal. The hotels, restaurants & leisure industry is highly competitive and relies heavily on consumer spending for success. The prices of securities of companies in the industry may fluctuate widely due to general economic conditions, consumer spending and the availability of disposable income, changing consumer tastes and preferences and consumer demographics, in addition may be affected by the availability and expense of liability insurance. Legislative or regulatory changes and increased government supervision.
Companies in the hotels, resorts & cruise lines sub-industry may be affected by unique supply and demand factors that do not apply to other sub-industries. Weak economic conditions in some parts of the world, changes in oil prices and currency values, political instability in some areas, and the uncertainty over how long any of these conditions could continue may have a negative impact on the lodging industry. As a result of such current economic conditions and uncertainty caused by the COVID-19 pandemic, the lodging industry may continue to experience weakened demand for occupancy in some markets.
The success of companies owning and operating restaurants depends heavily on disposable household income and consumer spending, and changes in demographics and consumer preferences can affect the success of such companies. These companies may be subject to severe competition, which may have an adverse impact on their profitability. In addition, restaurants may be affected by nutritional and health concerns, and federal, state and local food inspection and processing controls. Changes in labor laws and other labor issues, such as increased labor costs, could adversely affect the financial performance of such companies.
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