Arin Tactical Tail Risk ETF (ATTR)

The Arin Tactical Tail Risk ETF is an actively managed fund designed to provide protection against severe, sudden declines in the equity market, often called tail events. Tail-risk strategies generally use instruments such as put options or volatility-linked positions that tend to gain value when stock prices fall sharply.

As its name indicates, the fund manages its hedging exposure tactically, adjusting the size and structure of its protective positions over time rather than holding a static hedge. It is intended to behave differently from conventional stock holdings during market stress, and its specific instruments and methods are set out in its prospectus.