EX-99.(D)(7) 3 ea0208729-02_ex99d7.htm EXHIBIT 99.(D)(7)

Exhibit (d)(7)

 

FOURTH AMENDMENT TO THE

 

TRADING SERVICES SUB-ADVISORY AGREEMENT

 

This Fourth Amendment to the Trading Services Sub-Advisory Agreement (the “Amendment”) is made as of June 26, 2024, by and between CAMBRIA INVESTMENT MANAGEMENT, L.P. (the “Adviser”) and TIDAL INVESTMENTS LLC (the “Sub-Adviser”).

 

BACKGROUND:

 

A.The Adviser (formerly named Toroso Investments, LLC) and the Sub-Adviser are parties to a Trading Services Sub-Advisory Agreement dated as of August 28, 2023, as amended to date (the “Agreement”); and

 

B.The parties desire to supplement Schedule A to the Agreement to reflect its effectiveness with respect to additional series.

 

A.This Background section is incorporated by reference into, and made a part of, this Amendment.

 

TERMS:

 

NOW, THEREFORE, intending to be legally bound, the parties agree as follows:

 

1.Schedule A to the Agreement is hereby amended and restated in its entirety as set forth on the Amended and Restated Schedule A attached hereto.

 

2.Miscellaneous.

 

a.Capitalized terms not defined in this Amendment shall have the respective meanings set forth in the Agreement.

 

b.Except as specifically amended by this Amendment, and except as necessary to conform to the intention of the parties hereinabove set forth, the Agreement shall remain unaltered and in full force and effect and is hereby ratified and confirmed.

 

c.The Agreement, as amended hereby, together with its Schedule, constitutes the complete understanding and agreement of the parties with respect to the subject matter hereof and supersedes all prior communications with respect thereto. This Amendment may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. The facsimile signature of any party to this Amendment shall constitute the valid and binding execution hereof by such party.

 

IN WITNESS WHEREOF, the parties have caused this Amendment to be signed by duly authorized representatives as of the date first set forth above.

 

CAMBRIA INVESTMENT MANAGEMENT, L.P   TIDAL INVESTMENTS LLC
         
By: /s/ Mebane Faber   By: /s/ Dan Carlson
Name:  Mebane Faber   Name: Dan Carlson
Title: Chief Executive Officer   Title:   Chief of Staff

 

1

 

 

Amended and Restated Schedule A

to the

Trading Services Sub-Advisory Agreement

by and between

Cambria Investment Management, L.P.

and

Tidal Investments LLC

 

As of: June 26, 2024

 

Fund Name Effective Date of Sub-Advisory
Agreement
Cambria Shareholder Yield ETF (SYLD) October 23, 2023
Cambria Foreign Shareholder Yield ETF (FYLD) September 5, 2023
Cambria Emerging Shareholder Yield ETF (EYLD) September 5, 2023
Cambria Global Tail Risk ETF (FAIL) November 16, 2023
Cambria Global Value ETF (GVAL) September 5, 2023
Cambria Global Momentum ETF (GMOM) September 5, 2023
Cambria Value and Momentum ETF (VAMO) September 5, 2023
Cambria Global Asset Allocation ETF (GAA) October 23, 2023
Cambria Tail Risk ETF (TAIL) October 23, 2023
Cambria Trinity ETF (TRTY) September 5, 2023
Cambria Cannabis ETF (TOKE) October 23, 2023
Cambria Global Real Estate ETF (BLDG) September 5, 2023

Cambria Micro and SmallCap Shareholder Yield ETF

(MYLD)

January 4, 2024
Cambria Tactical Yield ETF (TYLD) January 4, 2024
Cambria Venture ETF (VCAP)  
Cambria Buyout ETF (LBO)  
Cambria Managed Futures Strategy ETF (MFUT)  
Cambria Superinvestors ETF (SUPR)  
Cambria Trend Following ETF (IVY)  
Cambria Domestic Tax Optimized ETF (DTAX)  
Cambria Foreign Tax Optimized ETF (FTAX)  
Cambria LargeCap Shareholder Yield ETF (LYLD) July 8, 2024

 

Fee rate:

 

3 basis points on the first $2 billion of aggregate Fund assets; and 2.5 basis points on aggregate Fund assets above $2 billion.

 

 

2