Cambria Investment Management has filed paperwork to market its own line of actively managed exchange-traded funds (ETFs), Index Universe reports. At present, the El Segundo–based company is considering the Cambria Domestic Equity Strategy ETF.
The fund will invest in undervalued stocks and ETFs by using a quantitative strategy to actively manage the portfolio. The “exemptive relief” filing is aimed at issuing transparent funds that will report their portfolio holdings on a daily basis.
Click here for the story from Index Universe.