Cambria Chesapeake Pure Trend ETF is an actively managed exchange-traded fund that seeks capital preservation and long-term capital appreciation through a proprietary, systematic trend-following strategy focused on global long/short exposure across currencies, commodities, fixed income and equities. Launched in May 2024 and headquartered within the Cambria fund family, the fund is managed by Chesapeake Capital Corporation as sub-adviser and futures trading advisor and by Cambria Investment Management as sub-adviser, with Tidal Investments LLC serving as investment adviser; it is distributed through Foreside Fund Services. The ETF uses futures contracts, futures-related instruments and spot contracts in global markets, and also invests in cash, short-term U.S. Treasury securities, money market funds and cash equivalents through a cash strategy designed to support margin and collateral needs, while a Cayman Islands subsidiary may be used for certain derivative exposure. Recent developments include its May 2024 launch as a partnership between Cambria and Chesapeake Capital, continued portfolio and strategy execution under the Pure Trend framework, and ongoing updates to its prospectus and offering materials through 2025 that reflect the fund’s active management structure and operating terms.