TAIL 11.39 Stock Price Cambria Tail Risk ETF
Range: | 11.2-13.99 | Vol Avg: | 107206 | Last Div: | 0.4 | Changes: | -0.06 |
Beta: | -0.3 | Cap: | 0.09B | Currency: | USD | Exchange: | AMEX |
Sector: | Financial Services | IPO: | Thu Apr 06 2017 | Empoloyees: | |
CUSIP: | 132061862 | CIK: | 0001529390 | ISIN: | US1320618622 | Country: | US |
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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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