MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Monday, April 7, 2025 In SoCal, a Quant Targets FI Trends The folks at a $2.6-billion-AUM, 16-ETF quant shop in Los Angeles County are launching an active fixed income fund. Late last month, Meb Faber, co-founder and chief investment officer of Cambria Investment Management, L.P. [profile], unveiled the debut of the Cambria Fixed Income Trend ETF (CFIT on the Cboe BZX Exchange, Inc.). Manhattan Beach, California-based Cambria serves as the new ETF's investment advisor, while Tidal Investments LLC serves as subadvisor. CFIT's inception date was March 28, and the new fund comes with an expense ratio of 71 basis points. As of Friday (April 4), CFIT had about $13 million in AUM. The PM team for CFIT includes: Jonathan Keetz, chief operating officer of Cambria; and Faber. Faber calls the strategy powering CFIT "a dynamic approach to fixed income investing." CFIT is an actively managed, diversified series of the Cambria ETF Trust. The new fund's other service providers include: SS&C's Alps Distributors, Inc. as distributor; Cohen & Company, Ltd. as independent accounting firm; Morgan, Lewis & Bockius LLP as counsel; Tidal ETF Services, LLC as administrator; U.S. Bancorp Fund Services, LLC (dba U.S. Bank Global Fund Services) as fund accountant, sub-administrator, and trasfer agent; and U.S. Bank National Association as custodian and securities lending agent. Printed from: MFWire.com/story.asp?s=69748 Copyright 2025, InvestmentWires, Inc. All Rights Reserved |