Corgi Files Actively Managed Government Money Market ETF

The Corgi Money Market ETF will invest at least 99.5% of its assets in cash, U.S. government securities, and fully collateralized repurchase agreements. Unlike traditional money market funds, the actively-managed ETF will use a floating NAV rather than maintaining a stable $1 share price, with shares trading on an exchange. The fund will invest in high-quality, short-term securities while adhering to Rule 2a-7 liquidity and maturity requirements, offering investors an ETF-based cash management vehicle backed primarily by U.S. government assets.