GVAL Profile
The Cambria Global Value ETF is an actively managed exchange-traded fund designed to invest primarily in equity securities that demonstrate strong value characteristics. Under normal market conditions, the fund allocates at least 80% of its total assets to a diversified portfolio of common stocks and depositary receipts. These securities are issued by publicly listed companies operating in both developed and emerging markets. The fund's focus is on identifying undervalued stocks that the investment adviser believes have the potential for significant appreciation.
Managed by Cambria Investment Management, L.P. (referred to as Cambria or the Adviser), the fund employs a proprietary rules-based quantitative algorithm to guide its investment decisions. This algorithm is designed to assess and select stocks based on value metrics, such as low price-to-earnings ratios, high dividend yields, and other indicators of undervaluation. The aim is to construct a portfolio that targets companies which, according to the fund's criteria, are trading below their intrinsic value and have strong growth potential.
The fund's investment strategy emphasizes a global approach, seeking opportunities across a broad spectrum of markets. This includes exposure to both developed economies with established financial systems and emerging markets that may offer higher growth potential. By leveraging a quantitative model, the fund attempts to systematically identify investment opportunities that may be overlooked by traditional investment approaches, thereby aiming to enhance returns for investors.
In addition to its active management style, the Cambria Global Value ETF benefits from diversification across various sectors and geographic regions. This diversification helps mitigate risks associated with investing in a single market or sector, while the funds value-oriented approach seeks to capitalize on market inefficiencies. Investors should consider their own risk tolerance and investment goals when evaluating this fund, as its performance is closely tied to the effectiveness of the Advisers quantitative model and the volatility of global equity markets.
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