Cambria Investment Management, a California-based upstart investment adviser, has launched its third exchange-traded fund in an effort to expand the firm’s portfolio of the so-called “shareholder yield” products. The Cambria Foreign Shareholder Yield ETD (FYLD) is the global equivalent of a newly minted, but fairly successful domestic predecessor – the Cambria Shareholder Yield ETF (SYLD), which has already attracted more …
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