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Cambria ETF Trust Converts Cambria Sovereign Bond ETF (SOVB) to Cambria Global Tail Risk ETF (FAIL)
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EL SEGUNDO, Calif., March 15, 2021 /PRNewswire/ The Cambria ETF Trust and its investment manager, Cambria Investment Management, LP, an independent, investment advisory firm focused on quantitative asset management and alternative investments, today, converted the Cambria Sovereign Bond ETF (SOVB) to the Cambria Global Tail Risk ETF (FAIL). The investment strategy of the fund seeks to mitigate significant downside market risk in global ex-US equities. FAIL is listed on the CBOE BZX exchange.
Meb Faber, the fund s portfolio manager, said: FAIL is a natural complement to our US-focused Cambria Tail Risk ETF, and provides an alternative to traditional inverse funds in hedging ex-US equity market risk.
Cambria ETF Trust Converts Cambria Sovereign Bond ETF (SOVB) to Cambria Global Tail Risk ETF (FAIL) prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.