The Cambria Chesapeake Pure Trend ETF (MFUT) | Jerry Parker & Meb Faber
Today’s returning guest is Jerry Parker, CEO of Chesapeake Holding Company. Jerry began his career in 1983 when he was accepted into Richard Dennis’ Turtle Program. In today’s episode, Meb & Jerry discuss the launch of their new ETF, the Cambria Chesapeake Pure Trend ETF (MFUT). They delve into the fund, which uses a systematic trend following strategy across stocks, bonds, currencies, and commodities. Jerry covers the key principles of trend following, the importance of capturing big trends, and the benefit of trend following in a portfolio.
Key Points
- Trend following strategies benefit from diversification across a wide range of markets, including commodities, currencies, stocks, and interest rate futures.
- The importance of sticking to rules derived from backtesting, even when it feels counterintuitive, is crucial for capturing long-term trends and avoiding emotional trading mistakes.
- The shift towards ETF structures in managed futures is expected to grow, providing greater accessibility and lower costs for investors compared to traditional hedge funds.
To learn more about the Cambria Chesapeake Pure Trend ETF, visit www.cambriafunds.com/mfut
Investing involves risk. Principal loss is possible.
Before investing you should carefully consider the Fund's investment objectives, risks, and charges and expenses. This and other information is in the prospectus. A prospectus may be obtained by visiting www.cambriafunds.com. Please read the prospectus carefully before you invest.
Commodities Risk. Exposure to the commodities markets may subject the Fund to greater volatility than investments in traditional securities. Fixed Income Securities Risk. The prices of fixed income securities respond to economic developments, particularly interest rate changes, as well as to changes in an issuer’s credit rating or market perceptions about the creditworthiness of an issuer. Foreign Securities Risk. The Fund may invest in foreign securities. Such investments involve certain risks not involved in domestic investments and may experience more rapid and extreme changes in value than investments in securities of U.S. companies. Leverage Risk. The derivative instruments in which the Fund may invest provide the economic effect of financial leverage by creating additional investment exposure to the underlying instrument, as well as the potential for greater loss. If the Fund uses leverage through purchasing derivative instruments, the Fund has the risk that losses may exceed the net assets of the Fund.
The Cambria ETFs are distributed by ALPS Distributors Inc., 1290 Broadway, Suite 1000, Denver, CO 80203, which is not affiliated with Cambria Investment Management, LP, the Investment Adviser for the Fund.
Follow Jerry: Twitter; LinkedIn Jerry's Prior Episodes: Episodes 35; Episode 452 with Salem Abraham
Resources Mentioned T-Bills and Chill Most of the Time by Meb Faber The Bear Market in Diversification by Meb Faber Is Buying Stocks at an All-Time High a Good Idea? by Meb Faber Tune Out the Noise Jerry's IMDB Hendrik Bessembinder Episode
Trend Following Resources AlphaSimplex - The Managed Futures Ecosystem: The Rise of the Managed Futures ETF RCM Alternatives - The History of Managed Futures Trend Following, 5th Edition: How to Make a Fortune in Bull, Bear and Black Swan Markets by Michael Covel
Chapters
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| 0:42 | |
| 10:10 | |
| 13:09 | |
| 19:08 | |
| 22:08 | |
| 33:16 | |
| 43:00 |
Transcript
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