From the press release:
AdvisorShares Investments, LLC, a developer of and investment adviser to actively managed Exchange Traded Funds, announced today a partnership with Cambria Investment Management, Inc., a Los Angeles based investment manager, to create a GTAA strategy in an actively managed ETF. The proposed ETF would join AdvisorShares‘ growing stable of innovative actively managed ETFs
Meb Faber is author of the Ivy Portfolio and the portfolio manager of Cambria Investment Management. His paper, A Quantitative Approach to Tactical Asset Allocation, has been dowloaded over 50,000 times and is one of the top 5 most downloaded papers on the SSRN. These ETFs seem to productize many of the concepts Faber has built in his research.
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Photo credit: Drab Makyo