Cambria is an award-winning ETF sponsor that began launching ETFs in May 2013, and has launched three ETFs totaling over $285 million in assets. The firm also manages private hedge funds, separate accounts, a sub-advised ETF, and total assets under management are over $375 million. Cambria is growing fast, and has raised over $290 million in the last 12 months.
The active ETF market is tiny, but growing at very high rate. Active ETFs combine the benefits of indexing with active management and low fees.
Mutual funds ~ $15 trillion in AUM
ETFs ~ $1.5 trillion in AUM
Active ETFs ~ $15 billion in AUM
There exists a huge opportunity for first mover advantage to disrupt the high fee mutual fund and hedge fund space. Cambria's first fund, Shareholder Yield (SYLD), is the largest active equity ETF on the market in less than one year since launch. Cambria plans on launching 2-4 new funds per year for the next 3-5 years.