FIFTH AMENDMENT TO ADVISORSHARES ETF DISTRIBUTION AGREEMENT

Exhibit E6

FIFTH AMENDMENT TO

ADVISORSHARES ETF DISTRIBUTION AGREEMENT

This Fifth Amendment (the “Amendment”) to the AdvisorShares Trust ETF Distribution Agreement (the “Agreement”) dated as of June 25, 2009, as amended from time to time, by and between AdvisorShares Trust, a Delaware statutory trust (the “Trust”) and Foreside Fund Services, LLC, a Delaware limited liability company (the “Distributor”) is entered into as of November 16, 2011 (the “Effective Date”). 

WHEREAS, the Trust and Distributor desire to update Exhibit A of the Agreement to amend the list of Funds; and

WHEREAS, pursuant to Section 9(b) of the Agreement all amendments are required to be in writing and signed by the parties;

NOW THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:

I. Capitalized terms not otherwise defined herein shall have the meanings set forth in the Agreement.

II. Exhibit A to the Agreement is hereby amended and restated as provided on Appendix A attached hereto.

III. All other terms and conditions of the Agreement remain in effect and are hereby incorporated herein by reference.

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed in their names and on their behalf by and through their duly authorized officers, as of the Effective Date.

ADVISORSHARES TRUST FORESIDE FUND SERVICES, LLC

By:	/s/ Xxx Xxxxxx		By:	/s/ Xxxx Xxxxxxxxx
Print Name:	Xxx Xxxxxx		Print Name:	Xxxx Xxxxxxxxx
Title:	Chief Compliance Officer		Title:	President

Appendix A

EXHIBIT A

Effective Date: November 16, 2011

DENT TACTICAL ETF

WCM/BNY MELLON FOCUSED GROWTH ADR ETF

MARS HILL GLOBAL RELATIVE VALUE ETF

(effective December 1, 2011, the Fund will be renamed Accuvest Global Long Short ETF)

PERITUS HIGH YIELD ETF

CAMBRIA GLOBAL TACTICAL ETF

ACTIVE BEAR ETF

MADRONA DOMESTIC ETF

MADRONA INTERNATIONAL ETF

MADRONA GLOBAL BOND ETF

XXXXXXX TACTICAL ETF

TRIMTABS FLOAT SHRINK ETF

ROCKLEDGE SECTORSAM ETF

ACCUVEST GLOBAL OPPORTUNITIES ETF

STAR GLOBAL BUY-WRITE ETF

QAM EQUITY HEDGE ETF

GLOBAL ECHO ETF

GLOBAL ALPHA & BETA ETF