Corgi Files Concentrated Magnificent Seven ETF

The Corgi Mag 7 ETF (CMAG) offers concentrated exposure to Apple, Microsoft, Amazon, Alphabet, Nvidia, Meta and Tesla. The actively-managed fund will generally weight the Magnificent Seven by free-float market capitalization, allowing individual positions to reach 20% or more of assets. It plans to combine direct stock holdings with total-return swaps and other derivatives to maintain target exposures while addressing regulated investment company diversification requirements. Derivatives may also support rebalancing and cash flows and could push total economic exposure above the fund’s net assets.