SCHEDULE A amended as of August 29, 2013 to the EXPENSE LIMITATION AGREEMENT dated January 11, 2013

SCHEDULE A

amended as of August 29, 2013

to the

EXPENSE LIMITATION AGREEMENT

dated January 11, 2013

between

ADVISORSHARES INVESTMENTS, LLC

and

TREESDALE PARTNERS, LLC

MAXIMUM ANNUAL OPERATING EXPENSE LIMITS

This Agreement relates to the following Fund of the Trust:

Name of Fund (date of commencement of operations)	Maximum Annual Operating Expense Limit
International Gold ETF	0.95%
Treesdale Rising Rates ETF	1.25%

Agreed and Accepted:

ADVISORSHARES INVESTMENTS, LLC

/s/Xxx Xxxxxx

Name: Xxx Xxxxxx

Title: Managing Director

TREESDALE PARTNERS, LLC

/s/Xxxx Xxx

Name: Xxxx Xxx

Title: Managing Member