The team at an 18-year-old, $2.1-billion-AUM (as of December 31), LA area fund firm are adding two funds, expanding their lineup to 14 ETFs in total.

Mebane T. "Meb" Faber Cambria Co-Founder, CEO, Chief Investment Officer, Portfolio Manager

Yesterday, Meb Faber, co-founder and chief investment officer of Cambria Investment Management, L.P. [profile], unveiled the launch of the Cambria Micro & SmallCap Shareholder Yield ETF (MYLD on the Cboe BZX Exchange, Inc.) and the Cambria Tactical Yield ETF (TYLD). Both new ETFs are series of the Cambria ETF Trust, and their inception date was yesterday.

TYLD and MYLD are both actively managed funds, with about $2.5 million in AUM each. Cambria serves as investment advisor to both funds, and Tidal Investments LLC serves as subadvisor. The funds' PM team includes Faber and Jonathan Keetz, chief operating officer of Cambria.

"Like all Cambria ETFs, these new ETFs provide investors with low-fee, compelling value propositions with multiple applications across different types of portfolios," Faber states.

MYLD and TYLD's other service providers include: SS&C's Alps Distributors, Inc. as distributor; Cohen & Company, Ltd. as independent accounting firm; Tidal ETF Services LLC, an affiliate of Tidal Investments, as administrator; U.S. Bancorp Fund Services, LLC (dba U.S. Bank Global Fund Services) as fund accountant, sub-administrator, and transfer agent; and U.S. Bank National Association as custodian. 

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