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Cambria Funds celebrates 20 year anniversary with $5 billion in AUM, Meb Faber notes

Cambria Funds celebrates 20 year anniversary with $5 billion in AUM, Meb Faber notes
Cambria Funds reaches $5 billion in AUM

Cambria Funds will soon celebrate its 20 year anniversary and now manages $5 billion in assets under management (AUM).

Meb Faber shared an updated chart reflecting this milestone, noting that previous updates were made when the firm surpassed $2 billion in AUM.

Faber previously criticized financial advisors for putting high income mutual funds in clients' taxable accounts, emphasizing potential tax inefficiencies in these portfolios (Financial advisors use high income mutual funds in taxable accounts). In a separate discussion, he highlighted Rob Arnott's comments on how investors tend to avoid bargains due to the pain and losses that often accompany newly cheap assets (Meb Faber: Rob Arnott describes why investors dislike bargains). These past observations come as Cambria Funds marks its growth milestone.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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