FLAG-Forensic Accounting Long-Short ETF (FLAG)

About WeatherStorm Capital™

WeatherStorm Capital™ is a subsidiary of Vident Financial that provides all-weather investment strategies that combine deep investment research with thoughtful systematic portfolio design and risk management. WeatherStorm provides alternative investment solutions that are broadly classified into two categories: investments across asset classes designed to deliver absolute returns, and single asset class solutions designed to deliver superior risk adjusted return over respective benchmarks.

About Andrew Alden

Andrew Alden, CFA, is the Head of Quantitative Research for Vident Financial and is a key contributor to the redesign of the Forensic Accounting Long-Short Index. With nearly ten years of professional experience in hedge fund and asset management, he specializes in empirical research, strategy development and portfolio optimization.

Previously, he was the Senior Portfolio Strategist and Lead Researcher for over $1B in systematic strategies. Andrew graduated from the University of California Berkeley with his MS in Financial Engineering.

About Shirish Malekar

Shirish Malekar is the President of WeatherStorm Capital and Chief Investment Officer for Vident Financial, a family of companies.

He has over 20 years of experience managing multi-billion dollar global bond and multi-asset portfolios. He also built, managed and successfully exited global hedge funds.

About John Del Vecchio

John Del Vecchio, CFA, is a member of the Vident Index Policy Committee (VIPC) and key contributor to the Forensic Accounting Long-Short Index. He is also the co-founder and co-manager of the Ranger Equity Bear ETF (HDGE), an actively managed exchange - traded fund dedicated to shorting individual stocks with fundamental red flags.

John is the author of the book, "What’s Behind The Numbers? A Guide to Exposing Financial Chicanery and Avoiding Huge Losses In Your Portfolio." Published by McGraw-Hill, "What’s Behind The Numbers?" was rated the Number One book for 2013 by Stock Trader’s Almanac.

Previously, John managed a short only hedge fund for Ranger Alternative Management, L.P. In addition, he has worked for well-known short seller David Tice and famed forensic accountant Dr. Howard Schilit.


What's Behind The Numbers?

Read the Book

Interested in forensic accounting and its uses when investing? "What's Behind The Numbers?" was written by John DelVecchio, a member of the Vident Index Policy Committee (VIPC) and inspiration behind Forensic Accounting Long-Short ETF.

Learn More


Carefully consider the Fund's investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Fund's prospectus, which may be obtained by visiting www.flagetf.com. Read the prospectus carefully before investing.

This material represents an assessment of the market environment at a specific point in time and is not intended to be a forecast of future events, or a guarantee of future results. This information should not be relied upon by the reader as research or investment advice.

Investing involves risk, including the possible loss of principal. Because the Fund will be shorting stocks, it will incur expenses relating to those transactions. The use of short sales could increase the exposure of the Fund to the market, increase losses, and increase the volatility of returns.

There is no guarantee that the Fund or the index will achieve its investment objective.

Exchange Traded Concepts, LLC serves as the investment advisor, and Vident Investment Advisory serves as a sub advisor to the fund. The Funds are distributed by SEI Investments Distribution Co., which is not affiliated with Exchange Traded Concepts, LLC or any of its affiliates. Check the background of SIDCO on FINRA’s BrokerCheck. WeatherStorm Capital™ have been licensed for use by Exchange Traded Concepts, LLC. FLAG Funds are not sponsored, endorsed, issued, sold, or promoted by IDS, nor does this company make any representations regarding the advisability of investing in the FLAG Funds.

SEI Investments Distribution Co. is not affiliated with AdvisorShares or any of its affiliates.