Guru Favorite Stocks ETF to Merge Into Lower-Cost Alpha Architect ETF

The Guru Favorite Stocks ETF (GFGF) will merge into the Alpha Architect U.S. Equity ETF, with the reorganization expected to close on or about October 23, 2026. Shareholders will automatically receive shares of the acquiring fund with equivalent net asset value in a transaction intended to be tax-free for U.S. federal income tax purposes. The new fund maintains the goal of long-term capital appreciation but adopts a different investment strategy, sub-adviser, and significantly lower annual expenses (0.0945% vs. 0.66%), offering broader U.S. equity exposure instead of a guru-driven stock selection approach.