Cambria Shareholder Yield ETF SYLD

The investment seeks investment results that correspond (before fees and expenses) generally to the price and yield performance of the Cambria Shareholder Yield Index (the "underlying index"). Under normal market conditions, the fund will invest at least 80% of its total assets in the components of the underlying index. The underlying index is comprised of equity securities issued by U.S.-based issuers. The adviser considers an issuer to be U.S.-based if it is domiciled or incorporated or has substantial business activity in the United States.