INVESTMENT SUB-ADVISORY AGREEMENTInvestment Sub-Advisory Agreement • October 29th, 2018 • AdvisorShares Trust • Delaware
Contract Type FiledOctober 29th, 2018 Company JurisdictionAGREEMENT made as of the 5th day of February 2018 by and between AdvisorShares Investments, LLC (the “Adviser”), a Delaware limited liability company with its principal place of business at 4800 Montgomery Lane, Suite 150, Bethesda, Maryland 20814, and Ranger Alternative Management, L.P. (the “Sub-Adviser”), a Texas partnership with its principal place of business at 2828 North Harwood Street, Suite 1900, Dallas, Texas 75201.