Cambria Chesapeake Pure Trend ETF Cuts Fees, Expands Derivatives Strategy

Cambria Chesapeake Pure Trend ETF (MFUT) has updated its prospectus to lower total annual operating expenses to 0.89% while revising its investment strategy and risk disclosures. The actively managed trend-following ETF will continue using Chesapeake's systematic approach across long and short commodity and equity index futures, options, currencies, equities, and cash, reflecting the discontinuation of short selling of securities. The supplement also adds expanded disclosure on the risks of options contracts, highlighting their continued role in the fund's derivatives-based strategy.