Cambria Fixed Income Trend ETF (CFIT)

Overview

The Cambria Fixed Income Trend ETF (FUT) is an actively managed ETF that seeks to generate positive returns by investing in a diversified portfolio of fixed income securities, utilizing a trend-following strategy. It aims to identify and capitalize on prevailing trends in the fixed income market.

Reputation and Reliability

Cambria Investment Management is known for its quantitative, trend-following investment strategies and innovative ETF products. They have a solid reputation for delivering unique investment solutions.

Management Expertise

Cambria's management team has extensive experience in quantitative investing and trend following strategies across various asset classes, including fixed income.

Goal

The investment objective of FUT is to seek positive returns by actively managing a diversified portfolio of fixed income securities using a trend-following methodology.

Investment Approach and Strategy

Strategy: FUT employs an active management strategy that identifies and capitalizes on trends in the fixed income market. It does not track a specific index.

Composition The ETF invests in a diversified portfolio of fixed income securities, including U.S. government bonds, corporate bonds, and potentially international bonds.

Market Share: FUT's market share within the actively managed fixed income ETF space is relatively small compared to larger, more established funds.

Total Net Assets (AUM): 33837457

Key Competitors

• AGGY
• MNA
• DFIX
• IFA

Competitive Landscape

The actively managed fixed income ETF market is competitive. FUT's advantage lies in its trend-following strategy, which differentiates it from passively managed or fundamentally driven fixed income ETFs. However, its performance is heavily dependent on the success of the trend-following model. AUM is much smaller compared to passively-managed competitors.

Historical Performance: Data unavailable, but will be updated periodically.

Benchmark Comparison: Data unavailable, but will be updated periodically.

Expense Ratio: 0.55

Average Trading Volume

The average trading volume for FUT is generally moderate, which may impact execution costs for larger trades.

Bid-Ask Spread

The bid-ask spread for FUT can vary, but is generally reasonable for an actively managed ETF with its AUM size.

Market Environment Factors

Interest rate movements, economic growth, inflation expectations, and credit spreads can all influence FUT's performance.

Growth Trajectory

FUT's growth depends on its ability to deliver consistent positive returns through its trend-following strategy and attract investors seeking alternative fixed income strategies.

Competitive Edge

FUT's competitive advantage stems from its actively managed, trend-following approach, which aims to outperform traditional fixed income benchmarks. This strategy seeks to identify and capitalize on prevailing trends in the fixed income market, providing potential for enhanced returns compared to passive strategies. Cambria's expertise in quantitative investing further strengthens its competitive position. The ETF's unique approach may attract investors looking for diversification and alternative sources of fixed income returns.

Volatility

FUT's volatility can vary depending on market conditions and the success of its trend-following strategy. Active management can lead to periods of higher or lower volatility compared to passive fixed income ETFs.

Market Risk

FUT is subject to market risk, including interest rate risk, credit risk, and liquidity risk. Changes in interest rates can impact bond prices, while credit risk reflects the possibility of bond defaults. The actively managed approach also carries the risk of misjudging market trends.

Ideal Investor Profile

The ideal investor for FUT is someone seeking diversification and potentially higher returns in their fixed income portfolio, who understands and is comfortable with the risks associated with active management and trend-following strategies.

Market Risk

FUT may be suitable for both long-term investors seeking to enhance their fixed income returns and active traders looking to capitalize on short-term trends in the fixed income market.

The Cambria Fixed Income Trend ETF (FUT) is an actively managed ETF employing a trend-following strategy in the fixed income market. Its goal is to generate positive returns by identifying and capitalizing on prevailing trends. FUT's success depends on the accuracy of its trend-following model and the expertise of Cambria's management team. While it offers potential for outperformance, investors should be aware of the risks associated with active management and market volatility. It provides a unique approach for diversifying fixed income exposure but has a small market share compared to passive competitors.

Data Sources:

• Cambria Investment Management Website
• ETF.com
• Morningstar

Disclaimers:

The data and analysis provided are for informational purposes only and should not be considered investment advice. Investment decisions should be made based on individual circumstances and consultation with a financial advisor.