FYLD Profile
The Cambria Foreign Shareholder Yield ETF is an actively managed exchange-traded fund that focuses on providing investors with exposure to high-yield foreign equities. The fund aims to achieve its investment objective by investing, under normal market conditions, at least 80% of its total assets in equity securities. These include common stocks and depositary receipts of publicly listed companies located in developed foreign markets, excluding the United States. This strategy is designed to capture the performance of companies that exhibit strong shareholder return characteristics, including high dividend yields and share repurchases.
The ETF's investment approach centers on identifying and investing in companies that offer attractive shareholder returns through dividends and stock buybacks. By concentrating on developed markets outside the U.S., the fund provides diversification away from the domestic equity market and targets regions that may offer compelling opportunities for income and growth. The selection process involves rigorous analysis of financial metrics and shareholder return indicators to ensure that investments align with the fund's yield-focused strategy.
The fund benefits from an active management style, which allows the portfolio managers to dynamically adjust holdings based on evolving market conditions and investment opportunities. This flexibility enables the fund to respond to shifts in global economic trends and sector performance, optimizing the potential for shareholder returns. The focus on developed foreign markets further enhances diversification and may reduce the impact of regional economic fluctuations on the overall portfolio.
Investors in the Cambria Foreign Shareholder Yield ETF should be aware that while the fund seeks to provide high yield through dividends and share repurchases, it is subject to risks associated with international investing. These include currency risk, geopolitical risk, and market volatility in foreign economies. The fund's strategy is designed for investors seeking to enhance their portfolio with international equities that offer strong shareholder return profiles and is particularly suited for those looking to diversify beyond the U.S. equity market.
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