Global Value ETF (GVAL) - Full Holdings

PERCENTAGE OF
NET ASSETS
NAMEIDENTIFIERSHARES HELDMARKET VALUE
0.798%VALE SA-PREFVALE5 BZ135,061$1,327,068.03
1.173%BANCO DO BRASIL S.A.BBAS3 BZ175,854$1,949,843.84
0.000%BANCO ESPIRITO SANTO-REGBES PL318,087$.00
0.907%INTESA SANPAOLOISP IM432,595$1,508,525.86
0.345%BANK MILLENNIUM SAMIL PW309,591$573,292.76
0.987%EDP-ENERGIAS DE PORTUGALEDP PL423,950$1,640,234.72
0.549%ING BANK SLASKI SAING PW15,776$912,376.58
0.333%MBANK SAMBK PW4,635$552,802.89
0.717%DNB ASADNB NO61,230$1,192,531.72
1.035%EVN AGEVN AV110,957$1,720,836.44
0.771%UNIQA INSURANCE GROUP AGUQA AV124,581$1,282,111.55
1.193%KARELIA TOBACCO CO. S.A.KARE GA5,502$1,982,761.66
2.376%LENZING AGLNZ AV26,763$3,950,152.59
1.234%KOMERCNI BANKA ASKOMB CP45,915$2,050,804.43
1.270%OMV AGOMV AV36,549$2,112,174.01
3.502%CORTICEIRA AMORIM SACOR PL424,571$5,822,197.47
0.599%TELENOR ASATEL NO47,460$996,189.98
1.399%SBERBANKSBER RM724,561$2,325,554.28
0.955%STOREBRAND ASASTB NO202,791$1,587,841.78
1.313%PHILIP MORRIS CR ASTABAK CP3,013$2,183,432.84
1.164%VOESTALPINE AGVOE AV37,073$1,935,882.58
0.550%HELLENIC TELECOMMUN ORGANHTO GA74,190$914,139.39
0.373%KGHM POLSKA MIEDZ SAKGH PW18,528$619,480.34
0.750%ENDESA SAELE SM52,674$1,246,058.35
1.213%ERSTE GROUP BANK AGEBS AV46,636$2,016,474.52
2.039%UNIPETROL ASUNIPE CP217,460$3,389,604.85
0.276%BANK POLSKA KASA OPIEKIPEO PW12,773$458,315.79
0.832%HELLENIC PETROLEUM SAELPE GA163,357$1,383,327.59
0.717%BANCO BILBAO VIZCAYA ARGEBBVA SM135,895$1,192,475.39
0.194%ORANGE POLSKA SAOPL PW216,036$321,962.15
0.833%ACCIONA SAANA SM16,805$1,384,094.02
0.980%CEZ ASCEZ CP82,294$1,629,301.93
0.898%GAS NATURAL SDG SAGAS SM65,401$1,492,290.90
0.760%BANCO SANTANDER SASAN SM188,779$1,263,166.81
0.142%BANCO BPI SA.- REG SHSBPI PL186,963$236,149.75
0.421%INTRALOT S.A.-INTEGRATEDINLOT GA530,157$699,898.04
0.733%POLSKI KONCERN NAFTOWY ORPKN PW34,734$1,218,787.67
0.180%PHAROL SGPS SAPHR PL770,211$299,546.86
0.598%ATHENS WATER SUPPLY & SEWEYDAP GA142,135$993,998.33
0.527%MYTILINEOS HOLDINGS S.A.MYTIL GA90,390$876,163.77
1.256%SEMAPA-SOCIEDADE DE INVESSEM PL113,839$2,087,770.43
0.658%SONAESON PL918,310$1,094,370.39
0.277%ASSECO POLAND SAACP PW34,875$460,500.69
1.678%MOTOR OIL (HELLAS) SAMOH GA121,044$2,790,000.86
0.641%GOLDEN AGRI-RESOURCES LTDGGR SP3,785,900$1,066,253.10
0.593%CITY DEVELOPMENTS LTDCIT SP117,900$985,667.59
0.461%JARDINE CYCLE & CARRIAGEJCNC SP26,200$766,047.80
0.547%SATS LTDSATS SP262,000$908,771.54
0.595%CAPITALAND LTDCAPL SP366,800$989,551.23
0.441%COMFORTDELGRO CORP LTDCD SP497,800$732,357.24
0.592%SINGAPORE AIRLINES LTDSIA SP131,000$983,531.59
0.540%UNITED OVERSEAS BANK LTDUOB SP52,400$897,897.35
0.183%NAVIGATOR CO SA/ THENVG PL63,729$303,485.87
0.164%MOTA ENGIL SGPS SAEGL PL77,292$272,470.85
0.477%OPAP SAOPAP GA73,241$792,689.22
0.444%LPP SALPP PW303$738,908.70
0.548%STATOIL ASASTL NO46,411$910,997.83
1.129%ENEL SPAENEL IM308,243$1,877,026.83
0.663%ENI SPAENI IM67,989$1,102,961.42
0.385%BANK ZACHODNI WBKBZW PW6,456$640,834.13
0.638%JUMBO SABELA GA63,207$1,061,468.65
0.229%PUBLIC POWER CORPPPC GA162,347$380,380.10
0.758%BANK OF GREECETELL GA77,028$1,259,675.31
0.768%ENAGAS SAENG SM44,566$1,277,138.17
1.096%AGRANA BETEILIGUNGS AGAGR AV13,624$1,822,906.76
0.114%CIMPOR-CIMENTOS DE PORTUGCPR PL450,116$188,975.92
0.688%TELECOM ITALIA SPATIT IM1,207,343$1,144,448.58
1.064%ATLANTIA SPAATL IM54,946$1,769,015.49
0.552%YARA INTERNATIONAL ASAYAR NO19,926$917,612.22
1.305%BANCO BRADESCO SA-PREFBBDC4 BZ188,547$2,168,903.52
0.819%CIA SIDERURGICA NACIONALCSNA3 BZ403,363$1,362,351.43
0.803%FERROVIAL SAFER SM59,875$1,334,867.84
0.620%AKBANK T.A.S.AKBNK TI366,669$1,030,674.52
0.719%EREGLI DEMIR VE CELIK FABEREGL TI552,820$1,195,815.19
0.611%KOC HOLDING ASKCHOL TI211,041$1,015,396.17
0.753%PETKIM PETROKIMYA HOLDINGPETKM TI722,727$1,251,912.82
0.615%TURK SISE VE CAM FABRIKALSISE TI858,644$1,021,786.85
0.625%TURKIYE IS BANKASI-CISCTR TI502,123$1,038,865.29
0.609%YAPI VE KREDI BANKASIYKBNK TI815,082$1,011,816.31
0.585%HACI OMER SABANCI HOLDINGSAHOL TI328,155$972,983.98
0.396%PKO BANK POLSKI SAPKO PW66,688$658,063.18
0.576%CCC SACCC PW11,956$957,231.29
0.417%EUROCASH SAEUR PW66,331$693,823.86
1.017%RAIFFEISEN BANK INTERNATIRBI AV50,304$1,690,161.75
0.570%SEMBCORP INDUSTRIES LTDSCI SP432,300$948,384.66
0.763%GRUPA LOTOS SALTS PW76,011$1,268,065.23
0.151%NOS SGPSNOS PL39,438$251,131.13
0.586%VIENNA INSURANCE GROUP AGVIG AV33,536$973,812.37
0.643%OVERSEA-CHINESE BANKING COCBC SP131,000$1,068,971.65
0.462%POLSKIE GORNICTWO NAFTOWEPGN PW404,052$767,311.77
0.656%TURKIYE VAKIFLAR BANKASIVAKBN TI575,483$1,090,464.90
0.850%COSAN SA INDUSTRIA COMERCCSAN3 BZ113,918$1,412,713.51
0.849%NORSK HYDRO ASANHY NO189,695$1,411,699.43
0.197%ALTRI SGPS SAALTR PL66,969$328,074.82
0.687%TGS NOPEC GEOPHYSICAL COTGS NO49,006$1,142,726.27
0.708%UNIPRO PJSCUPRO RM28,243,076$1,176,440.36
1.229%GALP ENERGIA SGPS SAGALP PL118,874$2,042,970.15
0.849%MAPFRE SAMAP SM416,629$1,410,731.16
0.358%PETROLEUM GEO-SERVICESPGS NO274,611$594,926.16
1.483%PEGAS NONWOVENS SAPEGAS CP53,841$2,466,168.59
0.675%JBS SAJBSS3 BZ423,374$1,122,846.48
0.635%TURKIYE HALK BANKASIHALKB TI294,488$1,055,524.59
0.465%JERONIMO MARTINSJMT PL39,090$773,617.51
0.493%CIA ENERGETICA MINAS GER-CMIG4 BZ286,652$818,861.78
0.192%REDES ENERGETICAS NACIONARENE PL97,272$319,998.04
0.807%CAIXABANK S.ACABK SM271,606$1,340,909.26
0.965%IBERDROLA SAIBE SM200,859$1,603,670.87
0.388%CYFROWY POLSAT SACPS PW89,279$644,914.83
0.303%GRUPA AZOTY SAATT PW25,416$504,567.54
0.890%TELEFONICA BRASIL S.A.-PRVIVT4 BZ88,367$1,479,018.86
0.487%GJENSIDIGE FORSIKRING ASAGJF NO46,911$810,410.30
1.698%BANCO SANTANDER BRASIL-USANB11312,875$2,822,278.36
0.981%FORTUNA ENTERTAINMENT GROFOREG CP250,996$1,630,141.29
0.232%TEIXEIRA DUARTE SATDSA PL1,114,941$385,879.91
1.894%AMAG AUSTRIA METALL AGAMAG AV48,911$3,149,430.95
0.320%LUBELSKI WEGIEL BOGDANKALWB PW24,522$532,228.75
0.221%PGE SAPGE PW98,787$367,785.22
0.975%GAZPROM NEFT OAOSIBN RM421,820$1,620,555.51
0.595%GAZPROM OAOGAZP RM469,897$988,767.30
0.555%URALKALIURKA RM372,171$922,139.77
0.813%ROSNEFT OIL COMPANYROSN RM249,424$1,352,356.99
1.042%VTB BANK OJSCVTBR RM1,627,913,158$1,731,658.56
1.965%SEVERSTAL PAOCHMF RM209,076$3,267,267.96
0.304%TAURON POLSKA ENERGIA SATPE PW466,884$504,978.04
0.374%POWSZECHNY ZAKLAD UBEZPIEPZU PW48,115$622,349.14
0.304%FF GROUPFFGRP GA22,047$504,763.02
1.323%ALROSA AOALRS RM1,590,864$2,198,827.47
0.610%UNIPOL GRUPPO FINANZIARIOUNI IM226,761$1,014,599.05
0.457%UNIPOLSAI SPAUS IM331,359$760,218.26
0.307%ALIOR BANK SAALR PW28,189$510,318.44
0.000%BANIF - BANCO INTERNACIONBANIF PL60,980,850$.00
0.017%SAIPEM SPASPM IM6,994$28,648.12
0.945%AMBEV SAABEV3 BZ229,560$1,571,208.38
0.190%ENERGA SAENG PW82,677$316,542.88
0.097%CTT-CORREIOS DE PORTUGALCTT PL26,616$161,126.83
0.625%AKER SOLUTIONS ASAAKSO NO205,742$1,039,591.42
0.270%UNICREDIT SPAUCG IM21,643$449,694.59
0.225%HOLDING CO ADMIE IPTO SAADMIE GA162,347$374,587.51
0.039%ALPHA BANK A.E.ALPHA GA29,879$65,031.60
0.008%NATIONAL BANK OF GREECEETE GA37,095$13,279.73
0.002%PIRAEUS BANK S.ATPEIR GA842$2,703.85
0.011%BANCO COMERCIAL PORTUGUESBCP PL65,435$17,744.03
0.837%CASH4,727,379$1,392,067.66

Data as of 9/20/2017

Holdings are subject to change.

The Cambria ETFs are distributed by SEI Investments Distribution Company (SIDCO), 1 Freedom Valley Drive, Oaks, PA 19456, which is not affiliated with Cambria Investment Management, LP, the Investment Adviser for the Fund. Check the background of SIDCO on FINRA's BrokerCheck.

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 Sovereign Bond ETF was formerly known as The Cambria Sovereign High Yield Bond ETF.

SYLD, GMOM and VAMO are actively managed using proprietary investment strategies and processes. There can be no guarantee that these strategies and processes will produce the intended results and no guarantee that the Fund will achieve its investment objective. This could result in the Fund's underperformance compared to other funds with similar investment objectives.

ETFs are subject to commission costs each time a "buy" or "sell" is executed. Depending on the amount of trading activity, the low costs of ETFs may be outweighed by commissions and related trading costs. Shares are bought and sold at market price (closing price) not net asset value (NAV) are not individually redeemed from the Fund. Market price returns are based on the midpoint of the bid/ask spread at 4:00 pm Eastern Time (when NAV is normally determined), and do not represent the return you would receive if you traded at other times.

There is no guarantee that the Fund will achieve its investment goal. Investing involves risk, including the possible loss of principal. In addition to the normal risks associated with investing, international investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles, or from social, 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. Bonds and bond funds are subject to interest rate risk and will decline in value as interest rates rise.

Investments in sovereign and quasi-sovereign debt obligations involve special risks not present in corporate debt obligations. The issuer of the sovereign debt or the authorities that control the repayment of the debt may be unable or unwilling to repay principal or interest when due, and the Fund may have limited recourse in the event of a default. Investments in commodities are subject to higher volatility than more traditional investments. The fund may invest in derivatives, which are often more volatile than other investments and may magnify the Fund's gains or losses. The use of leverage by the fund managers may accelerate the velocity of potential losses. The Fund employs a "momentum" style of investing that emphasizes investing in securities that have had higher recent price performance compared to other securities. This style of investing is subject to the risk that these securities may be more volatile than a broad cross-section of securities or that the returns on securities that have previously exhibited price momentum are less than returns on other styles of investing or the overall stock market. Investments in smaller companies typically exhibit higher volatility. Diversification may not protect against market loss. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume.

Shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Buying and selling shares will result in brokerage commissions. Brokerage commissions will reduce returns.

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.