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Posted by
Two Blokes Jun 5 -
Filed in
Stock
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8 views
COWZ focuses on high free cash flow yields, a basic value investing strategy which has rewarded me greatly over the decades. As a value investor, I'm attracted to so-called cash cows, mature businesses that deliver reliable cash flows which are distributed to shareholders in the form of dividends or buybacks. While I approve of the strategy, I dislike COWZ's execution. With a turnover rate close to 100%, the ETF replaces nearly all its holdings once a year.
