‘ Cambria ’

Cambria unveils sovereign high-yield bond ETF

Feb 23rd, 2016 | By
Cambria’s new ‘shareholder yield’ ETF (SYLD) targets dividends, buybacks and debt paydowns

Los Angeles-based Cambria Investment Management has unveiled its seventh exchange-traded fund and first to target the fixed income space. Listed on the NYSE Arca, the newly launched Cambria Sovereign High Yield Bond ETF (SOVB) aims to deliver income and capital appreciation by investing in liquid sovereign and quasi-sovereign bonds with high yield characteristics. “Foreign bonds are the largest asset class in the world, yet are dramatically under-represented in investor portfolios,” said Meb Faber, Chief Investment Officer at Cambria. “Moving away from a market-cap strategy and employing a value lens to foreign government bonds could help investors gain smarter access to income in a yield-starved environment.”

Cambria’s new smart beta ETF aims to limit downside risk

Sep 11th, 2015 | By
Cambria’s new ‘shareholder yield’ ETF (SYLD) targets dividends, buybacks and debt paydowns

Cambria Investment Management, a US-based provider of innovate exchange-traded funds, has launched the Cambria Value and Momentum ETF (VAMO), a smart beta fund that aims to provide superior risk-adjusted returns through a combination of value and momentum exposures and an equity hedging strategy. “The recent volatility in the US markets is a classic example of why investors may want to consider hedging their investments,” said Meb Faber, Cambria Chief Investment Officer. “Value and momentum have long been important factors when selecting equity investments. Combining these two factors with hedging provides a strong portfolio of companies with the potential to minimize downside losses.”

Horizons launches multi-asset momentum ETF

Aug 20th, 2015 | By
Horizons ETFs introduces Canada's first swap-based bond index ETF

Canadian ETF provider, Horizons ETFs, has launched the Horizons Managed Multi-Asset Momentum ETF (HMA), an actively managed ETF which targets multiple global asset classes based on their momentum characteristics. According to Howard Atkinson, President of Horizons ETFs: “HMA seeks to give Canadian investors optimal risk-adjusted exposure, by not only capturing strong pricing uptrends, but also having a strong focus on risk management, such as moving to cash if there are no observable investment opportunities.”

Cambria targets “most undervalued” markets with global value ETF

Mar 17th, 2014 | By
Cambria launches actively managed US equity ETF

Cambria Investment Management has rolled out an exchange-traded fund designed to provide exposure to the “most undervalued” developed and emerging market countries. Listed on the NYSE Arca, the Cambria Global Value ETF (GVAL) is linked to the Cambria Global Value Index, a proprietary index of 100 stocks from countries identified by Cambria to be undervalued on a cyclically-adjusted basis. Mebane Faber, Cambria’s Chief Investment Officer, said: “We believe long-term investors should seek a basket of countries trading at a discount to their intrinsic value.”