 The
Cambria Value and Momentum ETF is an exchange-traded fund that seeks
to provide investors with exposure to U.S. stocks with both attractive
value and strong momentum characteristics. The fund is managed by
Cambria Investment Management, a Los Angeles-based investment
management firm that specializes in quantitative investment
strategies.
As of September 2021, the VAMO ETF had a net asset
value of approximately $65 million and held over 100 individual
stocks. The fund's portfolio is diversified across multiple sectors,
with a focus on large- and mid-cap U.S. stocks that meet specific
value and momentum criteria based on quantitative analysis.
The
VAMO ETF is designed to provide investors with a way to potentially
benefit from both the value and momentum factors in the stock market
while also diversifying their portfolio. However, investors should be
aware that investing in stocks carries its own set of risks, including
market risk and volatility.
The expense ratio for the VAMO ETF
is 0.65%, which is relatively low compared to the expense ratios of
some other actively managed equity funds. This may make the VAMO ETF
an attractive option for investors seeking exposure to U.S. stocks
with both value and momentum characteristics at a reasonable cost.
Overall, the Cambria Value and Momentum ETF may be a suitable
investment for investors seeking exposure to U.S. stocks with
attractive value and strong momentum characteristics based on
quantitative analysis. However, as with any investment, it is
important to conduct your own research and consider your investment
goals and risk tolerance before investing in the fund.
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