CAPE by Country and Cambrian Global Value ETF (GVAL)
Posted: January 17th, 2017, 2:34 pm
Reading a recent article in MoneyWeek, renewed my interest in this concept - particularly as they gave the examples of Russia up 47%, Brazil up 60% and Peru up 58% as examples of what would have been tipped for 2016.
I then stumbled on this ETF, which follows the concept of selecting stocks in countries with low CAPE.
http://www.cambriafunds.com/gval.aspx
However, performance-wise it appears to have struggled, when compared with a World Index since its inception.
Some explanation of the funds performance would be useful, but I can't find any. Just what would appear to be regulatory reporting. Is that normal for an ETF?
I then stumbled on this ETF, which follows the concept of selecting stocks in countries with low CAPE.
http://www.cambriafunds.com/gval.aspx
However, performance-wise it appears to have struggled, when compared with a World Index since its inception.
Some explanation of the funds performance would be useful, but I can't find any. Just what would appear to be regulatory reporting. Is that normal for an ETF?