Cambria Sovereign Bond ETF SOVB

The investment seeks income and capital appreciation from investments in securities and instruments that provide exposure to sovereign and quasi-sovereign bonds. Under normal market conditions, at least 80% of the value of the fund's net assets (plus borrowings for investment purposes) will be invested in sovereign and quasi-sovereign bonds. The fund may invest up to 20% of its net assets in ETPs, including ETFs and ETNs, which invest in or provide exposure to sovereign and quasi-sovereign bonds, money market instruments or other high quality debt securities, cash or cash equivalents. The fund is non-diversified.