Seeking Alpha Seeking Alpha Portfolio App for iPad  In times of
market stress and volatility, many investors decide to hedge
their equity exposure in an attempt to minimize their losses.
There are many ways investors can attempt to minimize their
losses, from currencies, to gold, to outright shorting of
various markets. We would like to highlight a different hedge,
one that we believe offers a variety of benefits for investors
looking to hedge their equity exposure.  The AdvisorShares
Active Bear ETF (HDGE) is a unique creation. The fund is an
actively managed short ETF that shorts individual companies, not
entire indices, based on several criteria, including those with
poor earnings quality or "aggressive" accounting. Since its
inception in January 2011, the ETF has accumulated nearly $300
million in assets under management. We delve into why we believe
this ETF is a good equity hedge below.  A Different Kind of
Short  When investors wish to hedge their equity exposure with
short ETFs, many choose to simply