AdvisorShares and Cambria Investment Management Visit the NYSE

 

About AdvisorShares Cambria Global Tactical ETF (NYSE: GTAA):

On Thursday, June 2, executives and guests of the AdvisorShares Cambria Global Tactical (NYSE: GTAA) and AdvisorShares visited the New York Stock Exchange to ring the Opening Bell.  With $170 million under management, GTAA has been one of the most successful actively managed Exchange Traded Funds (ETFs) since its launch in October 2010.
 
GTAA’s quantitative strategy is based on a White Paper, “A Quantitative Approach to Tactical Asset Allocation,” that describes a model for delivering equity-like returns with low bond-market type volatility. According to ETF DataBase, a guide to ETF investing, GTAA is the largest of the ten diversified portfolio ETFs in its category, which includes both active and index ETFs.    
 

In celebration of the occasion, CEO Eric Richardson, Cambria Investment Management, Mebane Faber, Chief Investment Officer, Cambria Investment Management and Noah Hamman, CEO, AdvisorShares rang the NYSE Opening Bell.

GTAA invests in underlying ETFs spanning all the major world asset classes including equities, bonds, real estate, commodities, and currencies. The Fund uses a quantitative approach with strict risk management controls to actively manage the Fund's portfolio in an attempt to control downside losses and protect capital. The wide diversification coupled with prudent portfolio management may allow for the Fund to perform in any economic environment. Additional information about GTAA can be found athttp://gtaa.advisorshares.com.

About Cambria  Investment Management:

Cambria Investment Management (CIMI) seeks to preserve and grow capital by producing above-average absolute returns with reduced volatility and manageable risk.  Founded in 2006, CIMI is an investment management firm registered with the Securities and Exchange Commission (SEC) employing a systematic multi-asset global research process. The firm has expertise in the development and implementation of quantitative trading models and strict risk controls.  CIMI provides quantitative asset management to high net worth individuals and institutions through separately managed accounts, private funds, and the Cambria Global Tactical ETF (ticker: GTAA). CEO Eric Richardson and CIO Mebane Faber co-authored the book, The Ivy Portfolio: How to Invest Like the Top Endowments and Avoid Bear Markets.Additional information about CIMI can be found at http://www.cambriainvestments.com.

About AdvisorShares: 

AdvisorShares is one of the leading providers of actively managed ETFs. AdvisorShares offers actively managed ETFs, including the Dent Tactical ETF (NYSE: DENT), the Mars Hill Global Relative Value ETF (NYSE: GRV), the WCM/BNY Mellon Focused Growth ADR ETF (NYSE: AADR), the CambriaGlobal Tactical ETF (NYSE: GTAA) the Peritus High Yield ETF (NYSE: HYLD) and the Active Bear ETF (NYSE: HDGE). AdvisorShares provides educational support to help investors understand ETFs, and the underlying investment strategy for each of the AdvisorShares ETFs. AdvisorShares continues to seek qualified sub-advisor investment partners to offer compelling investment strategies in an active ETF structure. Visit our website at www.advisorshares.com to learn more about us. Follow the AdvisorShares Team on Twitter or 'Like' us on Facebook.