Cambria Funds added new multi-asset ETF that incorporates a wide range of asset categories, with a focus on diversification, value investing and trend following.

The recently launched Cambria Trinity ETF (Cboe: TRTY) has a 0.66 expense ratio.

The Cambria Trinity ETF tries to reflect the performance of the Cambria Trinity Index, which is designed to provide diversified exposure to all of the major asset classes in the various regions, countries, and sectors around the globe and absolute positive returns with lower volatility and risk compared to global equity markets, according to the fund’s prospectus.

The fund acts as an ETF-of-ETFs and may include exposure to equity and fixed income securities, along with real estate, commodities, listed derivatives and currencies. Other ETP exposures pursue shareholder yield and managed futures strategies, which involve dividend investing and short sales, respectively.

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