SCHEDULE A as revised ________, 2018 to the THIRD AMENDED AND RESTATED EXPENSE LIMITATION AGREEMENT DATED SEPTEMBER 8, 2017 between ADVISORSHARES TRUST and ADVISORSHARES INVESTMENTS, LLC MAXIMUM ANNUAL OPERATING EXPENSE LIMITS

Exhibit (H)(8)

SCHEDULE A

as revised ________, 2018

to the

THIRD AMENDED AND RESTATED EXPENSE LIMITATION AGREEMENT 

DATED SEPTEMBER 8, 2017

between

ADVISORSHARES TRUST

and 

ADVISORSHARES INVESTMENTS, LLC

MAXIMUM ANNUAL OPERATING EXPENSE LIMITS

Fund	Maximum Annual Operating Expense Limit
Xxxxxx Xxxxxx ADR ETF	0.88%
Peritus High Yield ETF	1.35%
Ranger Equity Bear ETF	1.85%
Madrona Domestic ETF	1.25%
Madrona International ETF	1.25%
Madrona Global Bond ETF	0.95%
DoubleLine Value Equity ETF	0.90%
STAR Global Buy-Write ETF	1.85%
Newfleet Multi-Sector Income ETF	0.75%
Sage Core Reserves ETF	0.35%
Treesdale Rising Rates ETF	1.25%
Pacific Asset Enhanced Floating Rate ETF	1.10%
Cornerstone Small Cap ETF	0.90%
Focused Equity ETF	0.65% - 0.85%*
New Tech and Media ETF	0.85%
Vice ETF	0.75%
Xxxxxx Xxxxxx Micro-Cap ETF	0.99%
Xxxxxx Xxxxxx Short ETF	0.99%
AdvisorShares Sabretooth ETF	0.85%

* The Maximum Annual Operating Expense Limit is equal to the annual rate of the Adviser’s contractual advisory fee, which can range from 0.65% to 0.85%.

New funds and/or revised operating expense limits appear in bold; fund name changes appear in italics.