0001615774-18-011431 Sample Contracts

INVESTMENT SUB-ADVISORY AGREEMENT
Investment Sub-Advisory Agreement • October 29th, 2018 • AdvisorShares Trust • Delaware

AGREEMENT 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.

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