New Tactical Active ETF Launches

October 27th at 1:00am by Tom Lydon

AdvisorShares Investments, the creator of actively managed exchange traded funds (ETFs), began trading a tactical fund this week.

AdvisorShares launched the Cambria Global Tactical ETF (NYSEArca: GTAA). GTAA is sub-advised by Cambria Investment Management, Inc., a Los Angeles, California-based investment manager.  [Another New AdvisorShares ETF.]

According to AdvisorShares, Cambria will invest in underlying ETFs spanning all the major world asset classes including equities, bonds, real estate, commodities and currencies. GTAA will use a quantitative approach and strict risk management controls to maintain the fund’s portfolio. The idea is to protect from downside losses, protect capital and provide diligent portfolio management through all business cycles. [Active ETFs And The Bid-Ask Spread.]

Tisha Guerrero contributed to this article.

The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.

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