Cambria ETF Trust - Cambria Tail Risk ETF

Cambria ETF Trust - Cambria Tail Risk ETF is an exchange traded fund launched and managed by Cambria Investment Management, L.P. It is co-managed by Tidal Investments LLC. The fund invests in fixed income and equity markets of the United States. For its equity portion, it invests through derivatives such as options to invest in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. For its fixed income portfolio, it invests in U.S. government bonds, U.S. Treasuries and Treasury inflation-protected securities. The fund seeks to benchmark the performance of its portfolio against the Bloomberg Short Treasury Index and the S&P 500 Index. Cambria ETF Trust - Cambria Tail Risk ETF was formed on April 5, 2017 and is domiciled in the United States.