Fund Links
Fund Details
| Fund Inception | 3/12/2014 |
| Ticker | GVAL |
| Net Assets | TBD |
| Shares Outstanding | TBD |
| Primary Exchange | CBOE BZX |
| CUSIP | 132061409 |
| Fund Type | Actively Managed ETF |
| Investment Objective | Capital Appreciation |
| Management Fee | 0.59% |
| Distribution and/or Service (12b-1) fees | 0.00% |
| Acquired Fund Fee & Expenses | 0.00% |
| Custodial Expenses | 0.05% |
| Total Expense Ratio (or Total Fund Operating Expenses) | 0.64% |
| Net Asset Value (NAV) | GVAL.NV |
| Portfolio Managers: | Mebane T. Faber, Jonathan Keetz |
| Number of Holdings | 129 |
| Dividend Frequency | Quarterly |
Data as of
GVAL
Cambria Global Value ETF
Cambria Global Value ETF focuses on the cheapest countries in world based on cyclically adjusted price-earning ratios (CAPE) and the cheapest stocks within them based on traditional value metrics.
Why GVAL?
- Deep value global equity exposure
- Equally weighted to the cheapest countries in the world
- Competitive distribution yield
Fund Prices
| Nav | |
|---|---|
| Net Asset Value | |
| Daily Change | |
| Daily Change | |
| Volume | TBD |
| Price | |
|---|---|
| Closing Price | |
| Daily Change | |
| Daily Change | |
| 30-Day Median Bid/Ask Spread | |
Data as of
The exchange-traded fund's median bid-ask spread is rounded to the nearest hundredth and computed by (1) identifying the exchange-traded fund's national best bid and national best offer as of the end of each 10 second interval during each trading day of the last 30 calendar days, (2) dividing the difference between each such bid and offer by the midpoint of the national best bid and national best offer, and (3) identifying the median of those values.
Performance
Month end returns as of:
| CUMULATIVE | |||||
|---|---|---|---|---|---|
| 1 Mo. | 3 Mo. | 6 Mo. | Since Inception | ||
| Fund NAV | -22.75% | -34.33% | -29.36% | -26.00% | |
| Closing Price | -24.19% | -35.34% | -30.14% | -26.97% | |
| AVG. ANNUALIZED | |||||
|---|---|---|---|---|---|
| 1 Yr. | 3 Yr. | 5 Yr. | 10 Yr. | Since Inception | |
| Fund NAV | -28.36% | -7.78% | -2.04% | -4.85% | |
| Closing Price | -29.68% | -8.31% | -2.30%; | -5.06% | |
Quarter end returns as of :
| AVG. ANNUALIZED | |||||
|---|---|---|---|---|---|
| 1 Yr. | 3 Yr. | 5 Yr. | 10 Yr. | Since Inception | |
| Fund NAV | -28.36% | -7.78% | -2.04% | -4.85% | |
| Closing Price | -29.68% | -8.31% | -2.30% | -5.06% | |
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted.
Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period. Cambria Funds' NAVs are calculated using prices as of 4:00 PM Eastern Time.
The closing market price is the Mid-Point between the Bid and Ask price as of the close of exchange. Since the Fund's Shares typically do not trade in the secondary market until several days after the Fund's inception, for the period from inception to the first day of secondary market trading in Shares, the NAV of the Fund is used to calculate market returns.
TOP 10 HOLDINGS
| PERCENTAGE OF NET ASSETS | TICKER | NAME | IDENTIFIER | SHARES HELD | MARKET VALUE |
|---|
Data as of
Holdings are subject to change
Investor Materials
| Summary Prospectus | Statutory Prospectus | Statement of Additional Information | Semi-Annual Report | Annual Report |
|---|---|---|---|---|
| Download | Download | Download | Download | Download |
Section 19a-1 Notice - 6/27/16
Section 19a-1 Notice - 9/26/16
Section 19a-1 Notice - 12/27/16
All XBRL Filings
Registration Statement XBRL
Prospectus Supplement XBRL
N-PX Files
N-PX
To determine if this Fund is an appropriate investment for you, carefully consider the Fund's investment objectives, risk factors, charges and expense before investing. This and other information can be found in the Fund's full or summary prospectus which may be obtained by calling 855-383-4636 (ETF INFO) or visiting our website at www.cambriafunds.com. Read the prospectus carefully before investing or sending money.
The Cambria ETFs are distributed by ALPS Distributors Inc., 1290 Broadway, Suite 1000, Denver, CO 80203, which is not affiliated with Cambria Investment Management, LP, the Investment Adviser for the Fund.
Investing involves risk, including potential loss of capital.
GVAL: There is no guarantee that a Fund will achieve its investment goal. Investing involves risk, including the possible loss of principal. High yielding stocks are often speculative, high-risk investments. The underlying holdings of the Funds may be leveraged, which will expose the holding to higher volatility and may accelerate the impact of any losses. These companies can be paying out more than they can support and may reduce their dividends or stop paying dividends at any time, which could have a material adverse effect on the stock price of these companies and the Fund’s performance. International investing may involve risk of capital loss from unfavorable fluctuations in currency values, from differences in generally accepted accounting principles, or from economic or political instability in other nations. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume. Investments in smaller companies typically exhibit higher volatility. Narrowly focused funds typically exhibit higher volatility.
GVAL is actively managed.
TO DETERMINE IF THIS FUND IS AN APPROPRIATE INVESTMENT FOR YOU, CAREFULLY CONSIDER THE FUND'S INVESTMENT OBJECTIVES, RISK FACTORS, CHARGES AND EXPENSES BEFORE INVESTING. THIS AND OTHER INFORMATION CAN BE FOUND IN THE FUND'S PROSPECTUS WHICH MAY BE OPTAINED BY CALLING 855-383-4636 (ETF INFO) OR VISITING OUR WEBSITE AT WWW.CAMBRIAFUNDS.COM. READ THE PROSPECTUS CAREFULLY BEFORE INVESTING OR SENDING MONEY.
The Cambria ETFs are distributed by ALPS Distributors Inc., 1290 Broadway, Suite 1000, Denver, CO 80203, which is not affiliated with Cambria Investment Management, LP, the Investment Adviser for the Fund.
On July 1, 2020 the Cambria Global Value ETF changed its investment objective and investment strategy. The fund also changed from being passively managed to actively managed on that date.
There is no guarantee that the Fund will achieve its investment goal. Investing involves risk, including the possible loss of principal. International investing may involve risk of capital loss from unfavorable fluctuations in currency values, from differences in generally accepted accounting principles, or from economic or political instability in other nations. In emerging markets, all these risks are heightened, and lower trading volumes may occur. Investments in smaller companies typically exhibit higher volatility.
There is no guarantee dividends will be paid.
There are special risks associated with margin investing. As with stocks, you may be called upon to deposit additional cash or securities if your account equity declines.
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