USX:TAIL - Cambria Tail Risk ETF Cambria Tail Risk ETF
Sector: Unknown, Industry: Unknown
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USD 11.79    -0.04 (-0.34%)

24 Apr 2024


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Description

The fund is actively managed and seeks to achieve its investment objective by investing in cash and U.S. government bonds, and utilizing a put option strategy to manage the risk of a significant negative movement in the value of domestic equities. The adviser intends to spend approximately one percent of the fund's total assets per month to purchase put options.

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