Cambria to Launch Actively Managed ETFs

Cambria Investment Management has filed paperwork with the Securities and Exchange Commission (SEC) to market its own line of actively managed exchange-traded funds (ETFs).

The first fund Cambria hopes to roll out will be the Cambria Domestic Equity Strategy ETF. It will invest in stocks and ETFs that the adviser deems to be undervalued and use a quantitative strategy to actively manage the portfolio. 

The “exemptive relief” Cambria is seeking is aimed at issuing transparent funds that would report their portfolio holdings every day.  

In its SEC filing, Cambria said future ETFs might invest in open- or closed-end investment companies and/or ETFs.