MRBL Cuts Maximum Equity Exposure for Enhanced Equity ETF to 125%

MRBL Management has updated the investment strategy of its actively managed MRBL Enhanced Equity ETF (EDGE), reducing its maximum exposure to large-cap U.S. equities from 150% to 125% of net assets. According to an October 21 prospectus supplement, the fund will continue seeking enhanced income by selling call options on ETFs or indices tracking large-cap U.S. stocks. The revised strategy also lowers the maximum equity exposure against which the fund may write short-term call options from 150% to 125%. The change reduces the fund's permitted leverage while maintaining its combination of leveraged equity exposure and options-based income generation.