Fund literature states that SYLD is “an actively managed fund that employs the manager’s quantitative algorithm to select U.S. listed companies that show strong characteristics in returning free cash flow to their shareholders. Specifically, SYLD invests in 100 stocks with market caps greater than $200 million that rank among the highest in a) paying cash dividends, b) engaging in net share repurchases, and c) paying down debt on their balance sheets.
The combination of active management at a relatively low expense ratio (0.59% which compares extremely well to most actively managed ETFs) plus a focus on Shareholder Yield which will likely resonate with a broad swath of ETF investors, makes both of these products prime to grow in size and popularity over the next several years.
Cambria Foreign Shareholder Yield ETF
For more information on Street One ETF research and ETF trade execution/liquidity services, contact Paul Weisbruch at [email protected]
Street One Financial is an educational/research firm utilizing the Broker Dealer services of Precision Securities, a FINRA registered Broker/Dealer.