Free Ride ETF Starts Delivering
March 26, 2015 at 09:00 AM EDT
Mebane Faber’s Cambria Funds made waves in the exchange traded funds industry in December with the launch of the Cambria Global Asset Allocation ETF (NYSEArca: GAA), the first ETF to come to market free of an expense ratio. No, GAA is not a purely free ride. Rather, investors pay total fund...