VegaShares US Equity Autocallable Income ETF

VegaShares US Equity Autocallable Income ETF is an exchange-traded fund that seeks to generate high weekly income while offering reduced downside market risk. It achieves this through exposure to a laddered portfolio of synthetic autocallables, tracking the NYSE U.S. 500 Adaptive Vol Autocallable Index. This innovative structure features an Adaptive Vol mechanism, enabling the autocallables to reference indices with varying volatility targets, providing diversified exposure across 11 underlying indices. VegaShares serves as the issuer and portfolio manager, with Goldman Sachs as the swap counterparty and ICE Data Indices, LLC supporting the rules-based index. The ETF automatically reinvests matured autocallables into new structures, enhancing operational efficiency and liquidity. Designed for modern investors, it brings structured investment strategies traditionally available in notes to a transparent ETF wrapper, balancing income generation with equity risk mitigation. This complements traditional equity and fixed income portfolios by offering potential contingent coupons, early redemption features, and conditional protection mechanisms.