ETF Watch: Cambria To Take Over Dhandho Junoon ETF

Cambria will begin managing 'JUNE' at an undetermined date.
Reviewed by: Staff
Edited by: Staff

A recent filing from Cambria Investments indicates that the firm will be taking over the operations of the Dhandho Junoon ETF (JUNE), which launched earlier this year.

JUNE was originally launched at the end of March, and has gathered a little more than $6 million in assets under management. It rolled out under the exemptive relief of newcomer Elevation ETF Trust and was advised by ALPS. Neither of those names appear on the latest filing.

JUNE is a good fit with Cambria’s lineup of ETFs, which includes three funds that target shareholder yield, investing in companies that return cash to investors through dividend payments and share buybacks. JUNE invests in companies have engaged in share buybacks, are held by hedge funds or have been spun off within the last seven years.

Cambria’s Mebane Faber and Eric Richardson are listed as the fund’s new portfolio managers.

The fund’s expense ratio will remain the same, at 0.75%.  

It’s not clear when Cambria will take over the day-to-day management of the fund based on the filing or the circumstances of the transfer. Also, it looks like the fund will continue to carry the Dhandho Funds brand, at least for the time being. is the single source for ETF intelligence. We provide real-time ETF news and analysis to educate investors and drive financial knowledge in the space. Our personalized and accurate information, alongside industry-leading financial tools, are depended upon to develop winning investment and financial decisions. At, we strive to serve both the individual investor as well as the professional financial advisor to educate and grow the ETF community.